Book of Memories™

Order a Book of Memories™ Memorial Website and share the memory. Learn More

Pre-arrangement

Pre-arrangement is a gift to your family, sparing them from hard decisions at an emotional time. Learn More

Administration of a Will

Wills are simple, inexpensive ways to address many estates. But they don't do it all. Here are some things that may not be accomplished in a will.

Named Beneficiaries for Certain Kinds of Property

A will can't be used to leave:

  • Property you held in joint tenancy with someone else. At death, the deceased's share will automatically belong to the surviving joint tenant(s). A will provision leaving the deceased's share to someone other than the surviving joint tenant, would have no effect unless all joint tenants died simultaneously.
  • Property that was transferred to a living trust.
  • Proceeds of a life insurance policy for which there is a named beneficiary.
  • Money in a pension plan, individual retirement account (IRA), 401(k) plan or other retirement plan.
  • Money in a payable-on-death bank account.
67-67 Eliot Avenue | Middle Village, NY 11379 | Phone: 718-458-3000 | Fax: | Email: villagechapels@gmail.com