Legacy Speaks

(201) 743-9354

3 Common Mistakes made when drafting a Will

Posted by Ada Davis | Jul 31, 2020 | 0 Comments

When drafting your will, don't use vague language.  If you have multiple heirs, using language such as “in equal measure” still leaves room for disagreement over who gets what as their share. Instead, designate specific assets to specific individuals- unless the asset is easily divisible such as cash in a bank account. 

While most people generally account for large assets when drafting their will, remember to include smaller, sentimental assets . Your home may be your most valuable asset, but small belongings with sentimental value often lead to disagreements as well. Be sure to designate the distribution of  sentimental objects so that your heirs aren't fighting over them later. 

Thirdly, don't leave out important details. Including details such as bank account numbers and contact information for legal and financial professionals ensures that all of your assets will be easily located and distributed as you direct.

About the Author

Ada Davis

Counselor. Teacher. Advocate. Attorney Ada A. Davis is a graduate of Georgetown University Law Center. For more than fifteen years she has practiced law in the New Jersey and New York areas, including working as an associate at two big law firms in New York, NY. For the past nine years she has m...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Help us help you!

Davis Law Office is passionate about helping you transform your family's future. Contact us now to get started creating a legacy you can be proud of.

Contact Us Today

The Legacy Attorney is committed to answering your questions about Estate planning needs in Jersey City, New Jersey.

We'll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment.

Menu