Personal Injury Lawyers
of Long Island

(631) 801-0057

  • Home
  • Credentials Matter
  • Practice Areas
    • Personal Injury
    • Car Accidents
    • Truck Accidents
    • Workers Compensation
    • Medical Malpractice
    • Wrongful Death
    • Cruise Accident
  • Blog
  • Free Case Evaluation

June 18, 2020 by PILLI Law

Creating a Will: 4 Factors To Consider

Personal Injury Lawyer

You may think of a will as a document that is only utilized by wealthy individuals who have a great deal of property and money to divide among their heirs. However, creating a will can be helpful for almost anyone who has children, owns any items of value and who wants to avoid confusion or arguments over this property once he or she passes away. If you want to create a will, there are a few factors you may want to consider to ensure the document’s viability.

  1. The Number of Beneficiaries 

As you compose your will, one major point that may affect its contents is the number of beneficiaries you want to include. For instance, if you have one adult child and he or she does not have children, then this may simplify your will but if you have been married several times and have kids from each of those marriages, you may find your list somewhat more complicated.

  1. Who To Name an Executor 

An executor or executrix of a will has a variety of duties, from ensuring your final wishes are carried out to paying fees, taxes and debts on your estate. Many people often choose their spouse or an adult child, but you may name almost anyone, including your attorney, as executor. Since there are multiple responsibilities, it can be wise to choose a mature and dependable individual for this task.

  1. Disbursement of Business Assets 

If you own a business, making clear provisions for its future and the division of assets may help your family avoid probate court, which is usually necessary when a will’s author omits or is not clear about how he or she wants a property or asset handled after death. If you plan for your grown children to take over a business after your passing, you may want to discuss details with them as you create the will in case they have any questions.

  1. Seeking Legal Assistance 

Not all wills are complicated and require the help and advice of an attorney, but this type of assistance may give you peace of mind that your will is valid, easy to understand and includes all your assets and valuable property. A lawyer can also help you set up living trusts and represent your best interests if you choose to name him or her as your executor.

Creating a will may raise many questions about the future, but there is help available. Reach out to an attorney, like an estate planning lawyer from Klenk Law, today for further information and assistance.

Filed Under: Uncategorized Tagged With: Personal Injury Lawyer

  • Home
  • Credentials Matter
  • Practice Areas
    • Personal Injury
    • Car Accidents
    • Truck Accidents
    • Workers Compensation
    • Medical Malpractice
    • Wrongful Death
    • Cruise Accident
  • Blog
  • Free Case Evaluation

LONG ISLAND PERSONAL INJURY RESOURCES

Long Island Personal Injury Law Firm
Long Island Personal Injury Lawyer
Long Island Car Accident Lawyer
Long Island Workers Compensation Attorneys
Long Island Medical Malpractice Attorneys
Long Island Wrongful Death Lawyer
Long Island Cruise Accident Attorneys
Free Legal Advice
Legal and Financial Advisor Rockville MD
Car Accident Lawyer Long Island NY
Long Island Truck Accident Attorney
Auto Accident Lawyer Long Island
Long Island Car Accident Lawyers
Long Island Auto Accident Lawyer
Long Island Car Accident Attorney
Car Accident Injury Lawyers Indianapolis IN
Who is the Top Bankruptcy Lawyer in Cypress, TX Civil Rights Litigation Lawyer Washington, D.C.
Personal Injury Blog
Denver Bicycle Accident Lawyer
Bus Accident Lawyer Los Angeles CA

Location

500 Merrick Road
Suite 200
Rockville Centre, NY 11570
(631) 801-0057

Free Consultation

Request a free consultation with one of Washington DC's premier personal injury law firms.

Request Free Consultation

No Legal Advice Intended. This website includes general information about legal issues and law practices. Such materials are for informational purposes only and should not be considered legal advice or counsel. Information may not reflect current legal standards. For legal advice specific to your needs, contact an attorney licensed in your jurisdiction. Do not rely on any statement on this website for any reason whatsoever. Furthermore, the information contained in this website is for informational purposes only. It is not, nor is it intended to be, legal advice or representation. Your review or use of this web site, its information and links does not create an attorney-client relationship or an attorney-client privilege between this law firm and you. Statements made to this firm before the formation of an attorney-client relationship may not be privileged and confidential.



© COPYRIGHT 2023 LONG ISLAND PERSONAL INJURY LAWYERS | POWERED BY Matador Solutions - Internet Marketing Company

Other Resources
American Bar Association | The American Lawyer | National Lawyers Association | Lawyers Without Borders | American College of Trial Lawyers | American Bar Association | National Association of Women Lawyers | Lawyers Associated Worldwide | Cohen & Cohen P.C. | Auto Accident Lawyer DC | Auto Accident Lawyers Washington DC