As a parent, it’s important to have a plan in place for the future of your children. This includes creating a will that outlines your wishes for the distribution of your assets and the guardianship of your children in the event of your passing. In New York, a valid will meet certain legal requirements, including being in writing, signed by the testator (the person making the will), and witnessed by two individuals who are not beneficiaries.
Probate is the legal process of validating a will and administering the estate of the deceased. In New York, this process can be time-consuming and costly, and may involve going to court. However, there are ways to avoid probate, such as setting up a living trust or joint ownership of property.
It’s important to work with an experienced attorney to create a will and plan for probate. A qualified attorney can ensure that your will meets all legal requirements and can help you navigate the probate process. They can also advise you on strategies to minimize taxes and protect your assets.
As a family, it’s important to have peace of mind knowing that your future is secure. By creating a will and planning for probate, you can ensure that your wishes are followed and that your loved ones are taken care of in the event of your passing. Don’t wait – start your planning for your family’s future today.