So, You Wanna Leave Your Stuff to Someone? Let’s Talk Wills (New York Style)
Making a will is like planning the ultimate surprise party for your loved ones, except instead of confetti, it’s your worldly possessions. And let's face it, who doesn't love a good surprise party? Well, except for the part where you're not there to enjoy it. But hey, that's life.
Are You of Sound Mind and Body? (Or Just Sound Mind)
The first thing you need to do before you start scribbling down who gets your favorite coffee mug is to make sure you're mentally sound. Yes, you read that right. New York State is pretty picky about this. You gotta be at least 18 and have your wits about you. No, binge-watching your favorite show doesn't count as having your wits about you.
Put It In Writing, Dude
Okay, so you're mentally sharp as a tack. Good for you! Now, let's get down to business. Your will has to be in writing. No, a heartfelt voicemail to your bestie doesn't cut it. Think of it like this: if you wouldn't tattoo it on your forehead, it probably shouldn't be in your will.
Get Two Friends Involved
You're gonna need two witnesses to sign your will. These can't be people who are getting something in the will, because that's just asking for trouble. Imagine the drama! So, pick two people who are happy to be there for you, but not so happy they're expecting a Rolex.
Date Night! (For Your Will)
Don't forget to date your will. This isn't for your love life, but it's important. It helps prove that you were of sound mind on that particular day. Plus, it's a good conversation starter. "Honey, remember when we signed the will? Good times."
Sign Here
You gotta sign the will too, obviously. And make sure you sign at the end. Not in the middle, not at the top. The end. This is important, people.
Remember: Even though you're the boss of your stuff while you're alive, it's important to plan ahead for when you're not. A well-crafted will can save your loved ones a lot of headaches (and potential legal fees).
How To Corner?
- How to make sure my will is valid? Make sure you're 18, of sound mind, have it in writing, signed by you and two witnesses, and dated.
- How to choose witnesses for my will? Choose people who are not beneficiaries of the will and are willing to sign as witnesses.
- How to store my will safely? Consider giving a copy to your executor and storing the original in a secure location.
- How to update my will? If you make significant changes to your life, consider updating your will. Consult with an attorney.
- How to avoid common will mistakes? Consult with an estate planning attorney to help you create a valid and effective will.
So, there you have it. Your crash course in New York wills. Now go forth and plan your legacy!