Probate - Wills

Wills and Estate Planning

There is a common misconception that probate, or the process of settling the estate of a person who has passed away, is always expensive. Working with an experienced probate attorney is the best way to ensure that the probate process runs smoothly and that costs are kept to a minimum.

Most people should have a will. If you want to be the person who decides how your assets are distributed after your death, you need a will. If you have substantial assets and want to take advantage of any tax exclusions or tax credits to which you may be entitled, you need a living trust.

Estate planning can achieve the following objectives:

• Identify those who will inherit your property
• Help ensure that your property is transferred as quickly and smoothly as possible
• Limit the amount of taxes to be paid before your property can be passed on
• Describe the kind of medical care you do/do not wish to receive should you be unable to express these wishes yourself
• Describe the kind of funeral or memorial service you want and how the arrangements are to be paid for
• Expedite the probate of your estate

At Attorney NY, our attorney has substantial experience in wills, probate and estate planning, and can assist you in carrying out your wishes after death.