This is observed every year, in October, to remind people of the importance of creating or updating a will. It takes place every year to remind people to create or update their wills.
Why a Will Matters:
A correctly drafted will protects loved ones: A clear will prevents family confusion and legal delays after you pass away.
It controls asset distribution: It ensures your property and investments go to the people or charities you choose.
It provides peace of mind: Taking action now removes future stress for your family during hard times.
It protects loved ones: Choose guardians for minor children and care plans for pets.
It controls your assets: Decide how property, money and investments are distributed.
It reduces stress: Prevent family conflict and legal confusion during a difficult time.
It can support causes: Include charitable gifts and build a lasting legacy.
Steps to Get Started
Inventory assets: List your bank accounts, real estate, and personal property.
Name an executor: Pick a trusted person to manage your estate as well as a substitute.
Review beneficiaries: Update life insurance and retirement accounts so that a beneficiary is chosen not an Estate.
Consider extra documents: Discuss executing a Power of Attorney for finances and Legal Will and Healthcare Proxy for healthcare.
McKernan Law is here to assist you. Contact us for a consultation.
This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client.
For further information please contact me at www.kmckernanlaw.com kevin@kmckernan.com or 718-317-5007.