Last Will and Testament

Create Your Quarantine Routine

What do you think of when you hear the word “routine?” Does it make you think of monotony and boredom? Or does it make you feel serene, calm, and have peace of mind?

Up until a few weeks ago, every day was the same. Wake up, go to school/work, eat, school/work, come home, dinner, bed. That’s all changed and routines have flown out the window!

Just think about how powerful you could be if you tweaked your routine to allow more time for you to build your legacy in the world.

Can a Last Will and Testament be changed after a person dies?

It’s not uncommon for a person to want to change a decedent’s Last Will and Testament. The most common reason is, “Well, that’s not really what they wanted,” or “That’s not what they meant.” Those reasons are not enough to change a will after a person has died, which is why it is essential to get the Will right when it’s being created. Short answer? No, you can’t change a person’s will after they die. Long answer? It depends. (Hey, we’re attorneys, this is the default answer.)

Does a Last Will and Testament Avoid Probate?

When a person passes away, someone has to step up and take care of everything that the person left behind. The person who died is called the “decedent.” The person who steps up is called the personal representative. Everything that is left behind is called the estate.

The personal representative might be an executor who is nominated in the decedent’s will, or they might be an administrator who is allowed to apply under the statutes.

The person who wants to step up as the personal representative completes the application in the local County Surrogate’s office. If everything is in order, the representative will take an oath and be sworn in and designated to act on behalf of the decedent.

The Last Will and Testament of Freddie Mercury – Don’t Stop Me Now

At the time of his death, Freddie Mercury’s net worth is estimated to have been about $30 million, which today would be worth approximately $50 to $60 million. His assets included real estate, art, royalties, catalog rights and more. Since then, his state has grown to an estimated net worth of around $100 million. We know what was his in estate because Freddie Mercury left behind a Last Will and Testament.