The first and foremost document in any estate plan is the Last Will and Testament.
The Last Will and Testament is a legal document that allows you to specify how you want your assets to be distributed after you die. It will also appoint an executor who will be responsible for carrying out the terms of your will. If you have minor children, it can also be used to name guardians.
It is important to have a will because it gives you control over what happens to your assets after you die. Without a will, your assets will be distributed according to state laws, which may not align with your wishes. A will can also make the probate process easier for your loved ones, as it provides clear instructions on how you want your assets to be distributed.
In Pennsylvania, a will requires two witnesses who must be impartial and are not named beneficiaries. Often the subscribing witnesses sign an affidavit which must be notarized. By attaching this affidavit to the will, the witnesses will not need be needed to testify at probate.
* As always, I am not an attorney and cannot offer legal advice but will be happy to refer you to an attorney upon request.
