The importance to making out a will
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- Advisor: Christine McDowell – Real Estate Broker
- Posted on: January 17th 2011
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Business and Professionals
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Successions and wills
No matter how little or how much property you may own, you want to be sure it is distributed to the right people after your death. It would be very comforting to know that at the time your loved ones are mourning your death, you will have done everything in your power to avoid problems. A will lets you choose your heirs and clearly outline your last wishes. If you do not make a will, the law will instead determine who inherits your property. A proper will is a guarantee that your wishes will be respected. It will also make settling your succession that much easier.
Types of Wills:
Notarial or authentic Will
Holograph Will
Will made in the presence
of witnesses
If you choose to make a notarial will, it will take effect immediately upon death. But if your will is not a notarial will, it is subject to probate by the Superior Court after your death.
Notarial wills are not subject to probate because the law recognizes notaries as public officers, and allows them to confer authenticity on their wills.