Death is a sticky subject. One’s own death is often a taboo subject. However, it is something to be contemplated, especially once children are born. As a parent you want to make sure they are taken care of in the event something should happen to you. The problem is there are a myriad of areas that need to be considered. You need a New York estate planning attorney to help you navigate all of these aspects of your estate. Below is a list of just a few areas where you would need just such an attorney:
Guardianship Attorney. Who will care for the children should you die before your time? Your spouse, ideally. But, what if something were to happen to the both of you at the same time? Who, then, would take care of them? You don’t want the state to assume control of that. If you plan ahead of time, you can insure that your children go to the family member you feel will best be able to care for them.
Asset Protection Lawyer. You want to keep as many of your assets yours for as long as you can. Why let the state come in and take half of your estate through taxes? A good lawyer can work with your accountant and determine the best way in which to keep most of your assets out of the hands of the state.
Living Will Attorney. Suppose something happens to render you incapacitated. You need to know who will make all of the necessary decisions should you be incapable of them. You may also want to make your wishes known so far as resuscitation goes.
This is by no means the end of the areas that a New York probate lawyer can help you with. If your estate is particularly complex there could be a number of other areas that should be considered. Consult with a New York estate planning lawyer and determine exactly what can be done for your estate.
