Why do I need a will?
The “real” purpose of estate planning is to show love and respect for the people you care about. An estate planning attorney will listen to your needs and circumstances, and draft legally solid documents including:
HAVING A WILL
I strongly believe that every adult should have a Will. There are many different types of Wills. A simple Will provides that all assets go to the surviving spouse at the death of the first spouse. At the death of the second spouse, all assets go equally to the surviving children and/or their issue. It allows for the appointment of guardians for the minor children and the appointment of an executor and alternate executor. It does not avoid probate nor does it address taxes. It is a device, however, commonly used for smaller estates and especially those with minor children.
When utilizing a simple Will, people should be careful of the differing situations if the spouses have children from previous marriages. Wills may always be revoked and changed over the years.
Decision making that is involved in finalizing a will is a very healthy process for people to undergo. Everyone’s situation is unique and deserves individualized meticulous attention. Do you have a plan for your children's guardianship in the event of your passing? Who will manage your estate? What about your family heirlooms and personal belongings?
What’s your unique life story? How does that influence your estate planning goals now? By creating a Will, you can turn those goals into a reality.
New York is unique in terms of demographics. Single parent households, men and women married couples with and without children, gay and lesbian marriages with and without children as well as all types of domestic relationships are all important to understand in their varying differences. I am focused on making all family blends welcome in my practice. I recognize the unique challenges all types of relationships can pose in estate planning. I will also focus on making sure that people take care of their pets as part of this process. Pets are part of your family too!