A New York Last Will and Testament details how a person's possessions and property should be distributed after their death. The document has three main purposes:
The person making the will is known as the Testator. The Testator must be at of age and of sound mind in order to create their will. A New York will must be done in writing to be recognized by the court.
The New York Last Will is defined by § 1-2. (EPT - Estates, Powers & Trusts). Section 3-1.1 of the said law states that the will must be signed be at least two (2) witnesses who shall attest to the Testator's signature within a thirty-day period and shall affix their residence addresses at the end of the will. Click on this link to make your own form with our online form builder or download a ready-made template below.
A Last Will gives the Testator the opportunity to distribute their estate, property and digital assets between spouses, children, partners, friends, relatives, and organizations. The Testator has the option to elect the estate's Executor. The Executor is the person - either a close friend or a professional accountant or consultant - who will be responsible for carrying out the provisions of the will.
There are several types of wills:
Every Testator is eligible to choose what to include in their will. However, several important topics are universally recommended for a Last Will and Testament.
The Testator has to take the following steps when creating their will: