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It is possible to create a Will without the assistance of a lawyer. However, New York State is very specific regarding what is required for a Will to be considered valid. If you create the Will on your own, and it does not meet the legal requirements for validity, it may not be enforceable.
There is always a possibility someone will challenge your Will after you pass away. Whether or not that challenge is successful is a different question. Some of the most common reasons Wills are challenged include:
Having a lawyer help with the process of creating your Will can help prevent successful challenges.
In New York State your parents can disinherit you from their will. There should be specific disinheritance language, otherwise it can be challenged during probate.
There are certain things that are best dealt with through other means rather than a Will. Things that are not appropriate and should be avoided in a Will include:
An estate planning attorney can advise you on the best way to handle these matters. Many of them can complement your Will and work well in an estate plan.
A Will states who should inherit your assets when you die. If you have children, you can designate who you want to have custody of your children if you pass away. A Will also allows you to appoint an executor for your estate. This person will be in charge of administering your estate according to the terms of your Will when you die.
A Will needs to be created and often updated when certain events occur:
Whenever you have a major life change, it is time to make or update your existing Will.
Many people assume that only the wealthy need to have a Will. However, the truth is that many people, with and without great wealth, need to have a Will in case the unexpected occurs.
People who should have a Will include but are not limited to:
Only people who do not have assets, a spouse, and/or children may not need a Will.
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