Will and Trust Lawyers in Bucks County

Here is our step-by-step approach when helping you prepare your estate plan and drafting your Last Will and Testament.

• Initial Consultation – During the first meeting, we will discuss your goals and objectives with you. This is where you will talk about your assets, family dynamics, and any specific wishes or concerns (e.g., guardianship for minor children, charitable donations, etc.). You will need to provide personal information, including details about your family, assets, debts, and any specific instructions for distribution.
• Asset Inventory – You will work with our Bucks County Will and Trust Attorney to identify all your assets, such as real estate, bank accounts, investments, vehicles, and personal property. It is also important to include any debts or liabilities that need to be addressed in the Will.  Having a clear picture of the assets will ensure that each and every asset will pass to the intended beneficiary.
• Identify Beneficiaries – You will decide who will inherit your assets. This includes family members, friends, and/or charities. It is important to also name contingent beneficiaries in case the primary beneficiary predeceases you or is unable to inherit.
• Choose an Executor – You will decide who you want to serve as the Executor.  We will help guide you on the duties and responsibilities of the Executor so that you can make the right decision. You should also name an alternate in case the primary executor is unable or unwilling to serve.
• Appoint Guardians for Minor Children (if applicable) – If you have minor children, you will need to choose a guardian who will care for them in the event of your death. This decision should be made carefully, considering family values, lifestyle, and other key considerations.
• Review and Finalize Legal Language – Once all the details are gathered, the attorney will draft your Will using precise legal language to ensure it is clear and legally enforceable. The attorney will review the document with you, making sure everything is accurate and that your wishes are captured.
• Sign the Will – To make your Will legally binding, you will want to sign it in the presence of at least two disinterested witnesses (people who aren’t beneficiaries or involved in the Will). The witnesses will also sign the document.  It is also important to have the will notarized for added validity and to reduce the likelihood of future challenges.
• Store the Will – After signing, the Will should be stored in a safe and accessible place. Many law firms will offer to keep the original document in a secure vault. Alternatively, you may store it in a safe deposit box or another secure location. Let your Executor and trusted family members know where the will is stored and how to access it.
• Periodic Review and Updates – Over time, your circumstances may change, and it is important to review your Will periodically. Major life events such as marriage, divorce, the birth of children, or the acquisition of new assets may require you to update your Will. If you need to make changes, a Codicil (an amendment to the Will) can be created, or a new Will can be drafted.