For those without a Trust, the Will contains the dispositive provisions for the worldly goods: money, home, car, etc.
Having a Will is crucial because it tells the world who gets what, when, and how. If someone dies without a Will, the state determines who gets the possessions, so it is very important that you make your own decisions about where your assets go.
Wills are important because they can be used to protect children, the disabled, and even for tax purposes – but only if the Will is written properly.
With over 30 years of experience, Steven W. Barnstead is a member of both the New York State Bar Association and the Chemung County Bar Association. Call
607-734-1216 now to discuss any questions to do with the last will and testament.