One of the most important things a person can do to protect his or herself in the future is to create a will as part of their comprehensive estate plan. A will is important for everyone, regardless of whether they are an individual of high net worth or of a more modest living. Having an estate plan can allow an individual and their family the peace of knowing that matters will be conducted according to one’s wishes after they pass. While many people are wary about planning for after they are no longer with us, it is very important to take steps to protect one’s estate.
It is so important for an individual to create a will because if an individual does not have a valid will when they pass, they will be considered “intestate.” This can leave one’s family with additional grief and turmoil, as now they will have to handle matters amongst themselves. Unfortunately, many times this can lead to fighting within the family and decisions may be made that would never have been approved by the deceased party.
If an individual does choose to create a will, it must be valid in the eyes of New York State. If you have questions about creating an estate plan, contact our firm today.
Matters related to bankruptcy and estate planning are very significant in one’s life and require the services of an experienced attorney. Our firm proudly serves clients throughout Rockland County and New York State. If you need effective legal guidance, contact Koplen Law today to schedule a consultation.