Ken Benshish
September 17, 2024
Writing a Simple Will in New York, NY
A will is a legal document that outlines your wishes for your property after you die. It’s a crucial tool for ensuring your assets are distributed according to your desires.
Here’s a simplified guide to creating a basic will in NY (New York):
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Identify Your Assets: You may list specific items, gifts, or you may divide your estate by percentages:
- Real estate (home, property)
- Bank accounts
- Investments (stocks, bonds)
- Personal belongings
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Determine Your Beneficiaries: Decide who will inherit your property. This could include:
- Family members
- Friends
- Charities
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Choose an Executor: Select a trusted person to manage your estate and carry out your wishes.
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Sign and Witness: Ensure your will is properly signed, witnesses and notarized.
Important Tips:
- Review Regularly: Update your will as your life changes (marriage, divorce, children).
Remember: A will is a personal document that should reflect your unique wishes.