Wills & Estates

NY Injury Justice's attoneys have substantial experience in estate planning, and can assist you in carrying out your wishes after death, with the least tax consequence possible.

 

A will is more than a formal written legal document setting forth how you would like your property handled at death. In your will, you can also specify guardians to take care of your minor children, establish trusts for your children's benefit and reduce or eliminate federal estate taxes. Although you may use a “will kit" to try to draft your own will, the size of your estate, your asset composition and the complexity of federal and state laws, may make it far too risky to attempt drafting a will without an attorney. If you should make a mistake in drafting your own will, you bear the risk that a court might declare your will invalid.

 

Whether you are married, single, have minor children or own even a nominal amount of personal assets or property, you should have a will. In fact, every eligible adult should have a will or other means to control the disposition of his or her assets. Even people that have living trusts should consider preparing a will because, without a will, any property not named in the living trust will pass according to state law, not necessarily in accordance with a person's wishes. The remaining issue is who is eligible to have a will? The legal requirements are quite simple, you need to be “of age” and of “sound mind” to enter into a will.