Bronx Wills And Trusts Lawyer
The goal of any estate planning tool is to make sure your wishes are carried out when you die. This includes giving away your property and money, caring for your children, making health care decisions and more.
The Law Office of Phil Napolitano is a New York law firm handling wills, trusts and probate and estate administration. Bronx wills and trusts attorney Phil Napolitano represents clients throughout the New York boroughs and beyond.
The most common and basic element of an estate plan is a will. A will can be short and basic, or long and complex, depending on each person’s specific wishes. Wills can serve various purposes and are not just for people with wealth or property. In a will you can set forth your wishes regarding funeral arrangements and name a guardian who will be responsible for the care of your minor children in the event of your death. More and more people are also using wills to ensure for the proper care of their beloved pets.
There are many requirements that must be met in order for a will to be valid. When someone dies, the will is the document that the court will use to determine how to distribute assets and take care of other important matters. For these reasons, it is important to work with a New York attorney experienced in preparing wills. Without a will, property is distributed according to New York law. This may lead to a different result than you might otherwise choose and creating a will can help ensure your wishes are followed.
A trust is another important estate planning tool. Trusts are legal arrangements that allow for one person, a trustee, to hold property for another, the beneficiary. Property placed in a trust does not go through the probate process. Instead, the trustee will be in charge of paying debts and distributing property outside of the court process. This can be faster, easier and more cost-effective.
There are many types of trusts and choosing one that is best for you is a decision we can help you make.
Planning ahead for the future is an excellent way to feel peace of mind, retain control of how your affairs are handled and save your friends and family the hassle of making those decisions for you.
Contact New York City Will Drafting Attorney Phil Napolitano
Se habla español. We have a large Spanish-speaking clientele and bilingual staff on hand.