What is a Will?

							                                        What is a Will?

A Will, also known as a Testament, is a legal document where a person or a testator names a
person or multiple persons to manage their estate and who will receive their property after
death.

Requirements of a Will
When a person goes to draw up a Will, they must meet several basic requirements that include,
but are not limited to:

      Identifying themselves clearly in the Will as the maker and that the Will satisfies all of
       their needs upon signing.
      Declares that all previous Wills or amendments will be disregarded by the courts.
      Proving that the testator is legally competent at the time the Will is created.
      Signing and dating the Will in front of two uninterested parties or witnesses.
      Signing the Will at the end of the document to prove that it is the end of the document
       itself.
      Listing one or more beneficiaries who will receive the estate upon the testator’s death.

A Will is drawn up by the testator and an estate planning attorney. This document is then filed
with the county and state courts where it will remain until the individual has passed or has
become incapacitated too far to handle their estate. During the Will process, the individual will
list executors, guardians and beneficiaries – most of which belong to family members and close
friends.

If you are unsure about what a Will entails or if your estate needs one, consult an estate
planning attorney to assess your estate and assets and determine the best estate plan for your
needs.

Experienced estate planning attorneys Brooklyn NY of the Minko Law Office offers estate
planning and business planning resources to residents of Brooklyn NY. To learn more about
these free resources, please visit www.minkolaw.com/ today.