Importance of a Will
Why Do I Need a Will?
Many people choose not to plan for the future for a number of reasons. There are many misconceptions that surround estate planning, and unfortunately, these misunderstandings have wreaked havoc on countless families throughout New York. Whether you are young, old, healthy or approaching your golden years, everyone needs to consider drafting a last will and testament.
When you speak with a compassionate New York estate planning lawyer from Korsinsky & Klein, LLP, we will inform you of all of the benefits that a last will and testament can offer your family. A properly drafted last will and testament will ensure that your assets are distributed to whom you want, when you want. When you become incapacitated or pass away and are no longer able to provide for your family, your estate plan can help ensure that you’re the ones you hold most dear to your heart remain protected well into the future. Our legal team serves clients in New York and New Jersey.
Protecting Your Family’s Future
A will, also known as a last will and testament, is a legal document that serves the primary purpose of transferring your assets to your desired beneficiaries. Your last will and testament can designate specific funds or assets to a person such as a spouse, or to an entity such as a charitable organization. Your will can also do the following:
- Name someone as your “executor”
- Name someone as a guardian for your minor children
- Communicate your funeral wishes
- Establish a trust
- Determine who will inherit heirlooms
- Establish how you want to distribute your assets
If you die without a last will and testament in place, your property will be distributed by New York’s intestacy laws. The laws are designed to distribute property in a way that assumes how the majority of people would want property to be distributed, including blood relatives or spouses. Don’t leave your final wishes to the discretion of a judge. Make sure that your property is administered in a way that you would have wished by creating a will.
Contact a New York Estate Planning Attorney From Korsinsky & Klein, LLP Today
Understanding wills and the laws that surround the drafting and enforcing of a will can be somewhat complex. Failing to adhere to the law could render your last will and testament invalid upon your death, thus defeating the purpose of your will and putting the distribution of your assets, in the hands of the court. Only a skilled attorney will be able to help you through the process of drafting your will. At Korsinsky & Klein, LLP, we will review your documents thoroughly to ensure that your last will and testament can stand in a court of law and functions according to your wishes.
Contact us online or call 212-495-8133 today to begin working with a skilled Brooklyn estate planning attorney. We will work diligently to protect your family, assets and future as you draft your last will and testament.