Careful estate planning is the best way to maximize your inheritance for
your children and your future income. Speak with an attorney today and start
preparing a plan. Draft a Will and, perhaps a trust, and all the related
documents needed to protect against government seizure, expensive future
litigation and probate issues. The money spent for an estate planning attorney
is a worthwhile expense. Not only will you protect and expand your assets, you
will also avoid the cost of probate issues. More importantly, an estate plan
will ensure that your assets and personal items will be distributed according
to your wishes.
If you do not do not have a Will and estate plan in place at the time of
your death, the applicable law will dictate who inherits your estate. I cannot
stress enough how important proper estate planning is for you, the well-being
of your family and to ensure the smooth settlement of your estate.
Case in Point
A former client, wealthy, yet penny wise and pound-foolish, bought a Will
from Staples. He prepared the Will on his own and went to the bank where they
witnessed his signature. However, after his death, certain family members
objected to the Will and its execution. Depositions were held to question the
witnesses, and because certain formal requirements under the law were not
satisfied, it was uncertain whether the Will would be admitted to probate. So, the
man saved money on Will preparation, but failure to get legal advice and
guidance cost his estate thousands of dollars to try to get the Will admitted to
the court and settle his estate. The money spent on a store bought Will
certainly was not worth the sum it eventually cost the decedent’s estate.
It is a privilege to assist people in their time of need. We invite you to contact the Law Offices of Bonnie Peters-Lawston, a Long Island probate attorney who will keep your
best interests in mind.