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Wills

A will is a written instrument containing directions on how and when the decedent’s assets are to be distributed upon his or her death. Wills can also contain a variety of other directives such as: naming a guardian to take care of a minor’s person and property; creating a trust known as a “testamentary trust for the benefit of third parties,” or creating a trust for an individual’s unique medical/physical circumstances, known as a “special needs trust.” In order for a will to be legally valid, it must meet certain statutory requirements such as: signing the Will in the presence of two or more witnesses; being mentally competent; not acting under duress or under the controlling influence of another. For more information related to wills, contact probate lawyer E. Gregory M. Cannarozzi.