Easy Questions  
Free Legal Documents

You Owe it to Your Loved Ones to do Estate and Inheritance Planning in Albany, NY

You Owe it to Your Loved Ones to do Estate and Inheritance Planning in Albany, NY


It never dawned on us that life is unpredictable, that one day, one of us could suddenly cease to exist and what then? What would be the joy in having left so much unsaid? With what memories would we fill the empty silence?
 
- Isabel Lopez


A good goal for parents is to make sure they have up-to-date estate plans in place. No matter what life stage you're in, as long as you have loved ones that depend on you, a solid plan is something you need. It doesn't have to be too complicated - a fairly simple will should ensure that your heirs don't have to grapple with the Government or each other after you pass away.

Not all family battles stem from questionable estate plans, but rather from the dysfunction that already permeates an existing family, whose members refuse to acknowledge a perfectly legitimate will. However, a nonexistent or sloppy will or trust can make things much worse.

Why Do People Avoid Estate Planning?

• Ignorance: people don't realize how important estate planning is. Many don't understand the true expense or pain of probate.

• Fear and Denial: people put off getting their estate plan done. It's a tough subject and some folks just don't want to deal with it.

• Indifference: people don't care enough. They have too many other things to worry about. Or they don't really care enough about their legacy.


• Hassle: people think it's too much work.

• Expense: people think it'll cost a lot of money. Not really. You'll spend an inconsequential amount relative to the outlay your heirs will face if your estate goes to probate.

• Procrastination: There's always tomorrow. You are not at death's door. Waiting another day won't hurt.

Getting Started on Estate Planning

Ask yourself these questions:

• Do you have any assets?

• Do you care who gets them?

• Does it matter to you who becomes the guardian to your children?


If you do care, then you should check out the will and estate planning documents available at 1-2-Law. Keep the communication lines open among members of your family, especially when your heirs are old enough to understand what a will or trust is. If your family doesn't take to the communication well, try sharing your basic philosophy on finance and succession with them regardless. It's tempting to leave it to your lawyers and executors to do the communicating when the time comes, it's much better to avoid big surprises down the road. Give your heirs the opportunity to ask questions and understand your decisions while they can still talk to you.

Some basic housekeeping tasks:

• Set up checks and balances among executors, trustees and administrators who are involved in your estate

• Give your beneficiaries some authority over the assets they are entitled to. Allow your beneficiaries some recourse if there are issues about a particular fiduciary or trustee

• Review and update your estate plan on a regular basis (for every life change and every few years). Keep everything up to date!

• Seek a regular accounting of assets that are involved in your estate

• Read up on estate planning and to become familiar with the concepts and changes in the laws

Your goal should be to get your final wishes documented and in legal order. Tackle these things now while you are in full command of your faculties and are in a happier and secure place in your life.

Get started today!

 
Edit, Download, & Print a Free
New York Last Will
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Edit, Download, & Print a Free
New York Living Trust
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
 
Edit, Download, & Print a Free
New York Premarital
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
 
Edit, Download, & Print a Free
New York Power of Attorney
Page 1
Page 2
Page 3
Page 4
Page 5
Related Legal Services near Albany, NY
Bosman and Associates Pll
1 Executive Centre Dr
Albany, NY 12203
(518) 464-9958
General Practice Attorneys, Legal Service Plans, Attorneys
Ford Jr Donald P
20 Corporate Woods Blvd # 7
Albany, NY 12211
(518) 455-9952
General Practice Attorneys, Attorneys
Monroe Kelly M
20 Corporate Woods Blvd # 7
Albany, NY 12211
(518) 455-9952
General Practice Attorneys, Attorneys
Jeffers F Patrick
435 New Karner Rd
Albany, NY 12205
(518) 464-9874
Attorneys, Legal Service Plans
Maguire Richard R
16 Sage Est # 208
Albany, NY 12204
(518) 434-9807
General Practice Attorneys, Attorneys
Ganz Wolkenbreit Friedman LLP
1 Columbia Cirste 2
Albany, NY 12203
(518) 869-9500
Legal Service Plans, Business Litigation Attorneys, Collection Law Attorneys, General Practice Attor
Carey Beth E
1 Columbia Cir
Albany, NY 12203
(518) 869-9500
Probate Law Attorneys, Attorneys
Roche Robert
36 S Pearl St
Albany, NY 12207
(518) 436-9370
General Practice Attorneys, Attorneys, Legal Service Plans
Brousseau, Shawn F - Napierski Vandenburgh & Napier
296 Washington Avenue Ext
Albany, NY 12203
(518) 862-9292
Attorneys, Legal Service Plans
Dolan Mark J
296 Washington Avenue Ext
Albany, NY 12203
(518) 862-9292
General Practice Attorneys, Attorneys
The Rose Law Firm P
501 New Karner Rd Ste 7
Albany, NY 12205
(518) 869-9200
General Practice Attorneys, Attorneys, Legal Service Plans
We the People
133 Wolf Rd Ste 1
Albany, NY 12205
(518) 435-9110
Family Law Attorneys, Divorce Assistance, Attorneys
Meyers Richard M
1734 Western AVE
Albany, NY 12203
(518) 464-9075
General Practice Attorneys, Attorneys
Donohue Sabo Varley & Huttner
24 Aviation Rd Ste 205
Albany, NY 12205
(518) 458-8922
Attorneys,  Consumer Law Attorneys,  Accident & Property Damage Attorneys,  County & Parish Governme
Cohen, Laurie T - Wilson Elser Moskowitz Edelman
677 Broadway # 901
Albany, NY 12207
(518) 449-8893
Administrative & Governmental Law Attorneys, Attorneys, Legal Service Plans
Piscitelli Anthony
677 Broadway
Albany, NY 12207
(518) 449-8893
Litigation & Tort Attorneys, Attorneys
Rosenberg Philip
677 Broadway # 901
Albany, NY 12207
(518) 449-8893
Attorneys, Business Law Attorneys, Justice Courts, Corporation & Partnership Law Attorneys, Medical
WILSON; ELSER, MOSKOWITZ,EDELMAN & DICKER LLP
677 Broadway Ste 1
Albany, NY 12207
(518) 449-8893
Corporation & Partnership Law Attorneys, Business Law Attorneys, Product Liability Law Attorneys, Ju
Thomas, Mark - Wilson Elser Moskowitz Edelman
677 Broadway
Albany, NY 12207
(518) 449-8893
Attorneys, Medical Law Attorneys, Corporation & Partnership Law Attorneys, Business Law Attorneys, P
Legal Services
173 Madison Ave
Albany, NY 12202
(518) 376-8818
Attorneys Referral & Information Service
Barone Michael S
798 Lancaster St
Albany, NY 12203
(518) 489-8596
Attorneys, Legal Service Plans
O'Connell & Aronowitz
54 State St Ste 9,Ste 9
Albany, NY 12207
(518) 290-8327
Bankruptcy Law Attorneys,  Personal Injury Law Attorneys,  Product Liability Law Attorneys,  Litigat
Frank C. Kiepura PC
116 Everett Rd Ste 3
Albany, NY 12205
(518) 459-8299
General Practice Attorneys, Attorneys, Tax Return Preparation
Kohn Richard
74 Chapel St
Albany, NY 12207
(518) 458-8080
General Practice Attorneys, Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US