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Trusts for Minor Children in New York
Estate Planning

Trusts for Minor Children

Trusts for Minor Children in New York Understanding the Importance of Trusts for Minor Children Establishing a trust for minor children is a vital component

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Five Common Mistakes a Probate Lawyer Could Make in New York
Estate Planning

5 mistakes a probate lawyer

Five Common Mistakes a Probate Lawyer Could Make in New York Probate is a vital process for administering an estate after someone’s death. However, even

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Reasons to Hire a Probate Lawyer in New York
Estate Planning

Reasons to hire a probate lawyer

Reasons to Hire a Probate Lawyer in New York Probate is the legal process of validating a will and administering an estate after someone’s death.

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3 Ways to Avoid Probate in New York 2024
Estate Planning

Provide 3 ways to avoid probate

3 Ways to Avoid Probate in New York 2024 Probate is a legal process that oversees the distribution of a deceased person’s assets. While it

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Can the President Remove the Fed Chair? Legal Perspectives
Publications

Can the President Remove the Fed Chair?

Understanding Presidential Powers Over the Federal Reserve With growing discussions around the President’s influence over the Federal Reserve, the question of whether a sitting president

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Legal Insight on YouTube Allegations
Publications

Legal Insight on YouTube Allegations

Cancel Culture: Legal Insight on Rosanna Pansino’s FBI Report Against MrBeast In the rapidly evolving social media landscape, allegations and accusations can surface quickly, often

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Understanding Wills and Trusts in New York
Estate Planning

Wills and Trusts New York

Understanding Wills and Trusts in New York Wills and trusts are essential tools for estate planning in New York. Each serves distinct purposes and offers

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What is Elder Law in New York 2024?
elder law

WHAT IS ELDER LAW?

Understanding Elder Law in New York 2024 As individuals age, their legal needs evolve, requiring specialized expertise in areas affecting their health, assets, and legacy.

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Original Copy of a Will

Regarding estate planning, one of the fundamental documents is the last will and testament. It outlines an individual’s wishes regarding the distribution of their assets and properties after passing. One common question arises: “Who keeps the original copy of a will?” In this article, Morgan Legal Group PLLP sheds light on the importance of the original will, the role of different parties, and the proper safekeeping of this crucial document.

The Significance of the Original Will

The original copy of a will holds significant legal value. It is the primary evidence of the testator’s intentions and decisions regarding their estate. Courts and legal authorities rely on the original will to validate its authenticity and enforce the distribution of assets as per the testator’s wishes.

The Role of the Executor

An executor is a person named in the will responsible for carrying out the deceased individual’s wishes. Among their duties is the responsibility to locate and safeguard the original will. Executors play a crucial role in the probate process, which involves validating the will and overseeing the distribution of assets to beneficiaries.

Safekeeping by the Testator

While it’s common for the executor to hold the original will, some individuals prefer to keep the original will in a safe place themselves. This can be a safe deposit box, a fireproof safe at home, or with an attorney. However, this approach can present challenges if the will’s location is unknown or accessible to the executor and beneficiaries after the testator’s passing.

The Role of the Attorney

Many individuals choose to entrust their original will to their attorney. Attorneys specializing in estate planning can provide safekeeping services for essential documents, including wills. By keeping the original will in their possession, attorneys ensure that the document is properly preserved and its location is known to the executor and beneficiaries.

Ensuring Access and Transparency

Regardless of who holds the original will, it’s essential to ensure that the document’s location is known to key individuals. The executor should have access to the original will, as well as instructions on how to retrieve it. Transparent communication about the will’s location can prevent delays and confusion during the probate process.

Each jurisdiction may have specific legal requirements for the safekeeping of original wills. It’s important to consult with an experienced estate planning attorney to ensure compliance with local laws and regulations. Properly executed and stored wills can help avoid legal disputes and challenges in the future.

At Morgan Legal Group PLLP, we understand the importance of safeguarding your last will and testament. Our experienced estate planning attorneys provide comprehensive guidance on will execution, safekeeping, and estate administration. Whether you keep the original will with us or have other preferences, we can tailor our services to meet your needs. Contact us today to ensure the proper handling of your estate planning documents.

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