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Wills

Rochford Law & Mediation prepares wills for clients in Rochester, NY and the Finger Lakes region.

What is a Will?

Simply stated, a will is a document that contains your directions for distribution of your assets and the care of your minor children upon your death. It also allows you to appoint an executor who will be in charge of administering your estate.

Why Do I Need a Will?

There are many reasons why you should have a will. A will allows you to be clear about who gets your assets, when they get your assets, and the amount each recipient receives. It allows you to avoid having assets go to people you do not want to receive them. It allows you to designate a guardian and provide for your children in the event you pass away while they are minors. A will allows your assets to be received by your heirs easier and faster. And a will gives you the ability to choose the executor to administer your will, allowing you to select someone who is dependable and whom you trust.

When Should I Create a Will?

A will should be created when an individual becomes independent and owns assets. And it should be reviewed and updated if there have been any changes in your marital status, if you have children, if you acquire additional assets, including a home, or if there are any other factors that might necessitate a change in your estate plan.

Do I Need an Attorney to Prepare My Will?

Many people turn to ready-made will templates available online, hoping to create a will without the time and cost incurred by hiring an attorney. But proceeding without legal guidance is often not advisable. There are specific legal requirements for a will to be valid. If these requirements are not followed, your will may be ruled invalid. You also want to ensure that your assets are distributed to those you intend, and that your will contains a provision for any assets not specifically designated. It is important you provide that your debts and expenses are paid from estate assets to avoid issues upon your death. And finally, your will may be only one part of your estate plan. It is important it is structured in such a way as to not cause issue with your other planning goals.

Ready to create your estate plan?

Contact Rochford Law today