New York estate planning lawyer Yana Feldman (https://yanafeldmanlaw.com/protect-your-assets-5-important-things-to-remember-when-writing-a-will/), of New York Legacy Lawyers, has recently published an insightful article titled ‘Protect Your Assets: 6 Important Things To Remember When Writing A Will.’ The article sheds light on the critical aspects people need to consider when formulating their wills, a task many tend to overlook until it’s too late.
In the first few lines, Feldman emphasizes the importance of having a will, backed by a 2017 survey by Caring.com that indicates 60% of American adults lack a will or any form of estate planning. The New York estate planning lawyer goes on to underline the necessity of a will, irrespective of age or health status, and its increased importance as one approaches the end of life.
The New York estate planning lawyer is quoted as saying, “Making a will is a smart idea, no matter the age or current health situation of an individual. However, it becomes vital when nearing the end of life.”
The article goes on to provide a detailed guide on writing a will, with Feldman addressing critical questions that individuals must consider during the process. These include choosing an executor who will handle the estate, identifying owned properties, naming beneficiaries, appointing a legal guardian for minors, and deciding on who will care for pets.
Feldman further delves into the role of the executor and the limitations of their power, noting that an executor cannot alter a will. She writes, “The executor does not have the authority to change the will at any time, either during the individual’s life or after their passing, and such actions could lead to their dismissal or legal action.”
The New York estate planning lawyer emphasizes the importance of a will being comprehensive and legally sound. This entails the inclusion of personal information such as full name, date of birth, address, and the names of immediate family members. Additionally, a clear statement of intent, detailed asset distribution, executor appointment, guardianship designation, and proper signatures are crucial elements.
“Handling an estate requires a lot of paperwork, so the designated executor should be detail-oriented and organized,” Feldman advises.
The article urges individuals to start drafting their wills today with the help of an experienced estate planning lawyer. Feldman encourages everyone to protect their loved ones’ interests by making their wishes clear from the start, as an executor can’t change a will.
About New York Legacy Lawyers:
New York Legacy Lawyers, led by Yana Feldman, is a leading estate planning law firm based in New York. The firm is driven by a passionate team committed to helping clients navigate the complexities of estate planning. The firm’s mission is to provide empathetic, professional guidance to help as many people as possible secure their legacy. Founded on the principle of service, New York Legacy Lawyers continues to assist families, offering legal guidance on creating wills and other forms of estate planning.
Embeds:
Youtube Video: https://www.youtube.com/watch?v=ieJNa8GbMYQ
GMB: https://www.google.com/maps?cid=16408561942605909937
Email and website
Email: yana@yanafeldmanlaw.com
Website: https://yanafeldmanlaw.com/
Media Contact
Company Name: New York Legacy Lawyers by Yana Feldman & Associates PLLC
Contact Person: Yana Feldman
Email: Send Email
Phone: (718) 713-8080
Address:132 32nd St
City: Brooklyn
State: New York 11232
Country: United States
Website: https://yanafeldmanlaw.com/