Thanks to movies and TV shows, people are to believe that our will is our final words, a note, or a video. What makes a will valid? What exactly is a will? For many states, there are requirements that must be met before it can be valid.
What is a will?
A will is legal documentation demonstrating how your property, wealth, and other miscellaneous items will be distributed when you pass. With a will, your assets may be distributed to your family efficiently.
What are the requirement?
For your will to be valid, you must be of legal age (18), and the will must be voluntarily created. Pennsylvania does not require a witness present for the signing of a will, but does require two witnesses to approve that the signature is of the signees. Most states want a will that is written rather than a video or an oral will.
What do I do with my assets?
Your will distributes property and other assets as you seem fit at your passing. Any person, place, or charitable organization can obtain your items if they accept it, and stated. You may need an executioner, someone who follows the instructions of your will. If you do not have one, the court may appoint one.
It is important that you take care of your will if you feel that assets be given to the right people. If you don’t have one, the state can dispense the assets to family and spouse. Lastly, you can save your beneficiaries from this outcome by simply taking the time to plan your estate.
Finally, If you need help with creating one, or have any other estate planning questions and needs, please feel free to contact the offices of Antanavage Farbiarz, PLLC at (610) 562-2000 or use our online contact form.