Preparing a will gives you peace of mind by knowing that your assets and legacy will be taken care of according to your wishes after you’re gone. By consulting with our knowledgeable NYC estate planning attorneys now, you can be sure that your affairs are in order and that your loved ones are spared any undue estate management burdens.
Estate planning is most effective when your attorney takes the time to understand your individual needs and goals. The NYC will lawyers at Pierro, Connor & Strauss create custom-tailored solutions to help achieve your objectives.
Why You Need a Will
Your last will and testament enable you to decide what happens to your assets after you die. If you do not have a will, your estate will be settled according to default rules that the New York Surrogate Court will apply, naming an administrator who may or may not act in accordance with how you might have preferred your assets to be distributed.
In addition, a will:
- Reduces stress on your heirs and saves them time, money, and other resources
- Allows you to identify and name the person or persons that you want to manage your estate
- Gives you control over who does and who does not receive any of your assets and property
- Enables you to name a guardian for your minor children
- Directs the management of your digital assets and online accounts
- Alleviates interfamily squabbling and disputes
- Allows you make final legacy gifts to your favorite charities
- Instructs your survivors on how to manage your funeral and internment
- Provides an opportunity for you to take care of your pets
- Addresses taxation issues that can erode the value of your estate
Whether you live in one of the five boroughs, the greater New York City Metropolitan region or on Long Island, consult with our experienced New York City Will attorneys for more information about the potential advantages of estate planning, including the establishment of wills and trusts.
