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Your will and estate plan allows you to dictate what will happen to your minor children, your property and assets, and your remains after you die. After death, your personal representative or trustee follows the directions in your will or estate plan and makes sure your assets are distributed the way you planned. A New York City Estate Planning Law Firm will ensure that your will or trust outlines your wishes.

The Law Firm of Leeds Morelli & Brown is skilled in estate planning and drafting wills and trusts as well as probate administration for clients in Manhattan, Long Island and New York City. If you have been named the personal representative or executor of a will or estate in the state of New York, you will need an estate planning lawyer to assist you.

If you die without a will, the law views your property as intestate. With no will to guide the judge, he or she will name an administrator to handle your affairs, and your property will be divided according to statute, not necessarily as you wished.

Every adult needs an estate plan. However, the difficulty we face in thinking about our own death causes many people to procrastinate about this decision. In fact, less than half of all Americans have wills. It’s ironic that we spend so much time working to earn money to support our families when most of us fail to plan for our family’s well-being after our death. An estate plan allows you to designate a guardian for your minor children, give money to charity, give money or property to family members and prevent disputes among family members.

Most people need a simple will; however, people with larger estates may need a trust. A trust allows you to avoid probate while providing more flexibility in the transfer of property to your beneficiaries. Trusts also allow you to minimize estate taxes. Our New York Estate Planning Attorneys can advise you whether a will or a trust will better suit your needs. When you need legal help concerning estate planning in Nassau or Suffolk counties, call our law firm at 516-873-9550 or 1-800-585-4658 for an appointment.