Although many people would rather not think about end-of-life matters, it is important to be prepared. The attorneys at Friedman Schuman Layser have over 40 years of experience assisting clients when it comes time to draft a Will. This is one of the most important things a person can do to protect the future of their estate. If you need legal assistance drafting a Will, contact Friedman Schuman Layser today.
Is a Will necessary?
Drafting and executing a valid Will is arguably one of the most important steps in the estate planning process. A Will is drafted by a testator, usually with the help of an attorney. A testator names an executor of the estate within the Will. The executor’s role is to administer the estate upon the testator’s death. The Will can outline how the testator wishes to have his or her estate distributed and to which beneficiaries the assets will go to upon the testator’s death. A will allows an individual to determine the distribution of their assets to loved ones upon passing. This can eliminate or reduce uncertainty upon your death.
When a person dies without a will (intestate), this may cause assets to be distributed to individuals the decedent did not wish to receive such assets. This may include a relative who is unable to manage money or property or a person who may not have otherwise had a claim if a valid will was in place. Preparing and executing a valid will can also help lessen the time it takes a court to complete the probate process, which can reduce legal fees and even help avoid potential legal issues.
How do I ensure a Will is valid?
The preparation of a will in Pennsylvania is a relatively simple process. However, there are a few requirements when developing and preparing a will. The law requires that the testator, or the person who is writing the will, is at least 18 years of age. The testator must also be mentally competent when creating his or her will.
Can I contest the validity of a will?
While most Wills are generally acceptable, there may be times in which a Will may be contested. Beneficiaries may recognize signs of duress or genuinely believe the testator was not in the right mind when creating the Will. This may give a family member cause to contest the Will. However, not just anyone can contest a Will. If the Will is found invalid, only an individual who stands to benefit from the estate may bring an action to contest it. Pennsylvania law may allow for a will to be contested on these specific grounds:
- Forgery
- Fraud
- Improper execution
- Undue influence
If an individual believes that a loved one’s Will is invalid, he or she should consult with an attorney as soon as possible. Seeking the help of competent legal counsel can help an individual understand his or her rights, as well as guide them through the legal process. Contact Friedman Schuman Layser today.
Contact a PA estate planning attorney
Friedman Schuman Layser provides legal services to clients in Pennsylvania for all their estate administration and estate planning needs. Estate planning can be complex, demanding the need for a knowledgeable legal professional. Contact Friedman Schuman Layser for a consultation to discuss your legal needs.