Estate planning is something that shouldn’t be overlooked. The truth is, everyone has an estate — anything you own, in theory, is part of your estate. Unfortunately, these things can’t be taken with you when you die, so it’s important to have things planned out and your items allocated to those who matter. There are a number of reasons to hire someone to take care of this sooner than later.
- For those with children, one of the most important things to think of is them. Should something happen to you, you can name those who would take care of them.
- You will be able to name owners of your property, should you decide to give it to others, as well as money. This helps those who may not be as financially stable and/or may need the money in years to come.
- If you own a business, this is critical to have done, due to the need to transfer ownership at the time of your disability or death. If these are things you’d like to keep in the family or transfer to someone else, planning in advance is necessary.
- These are ever changing. These plans are not a ‘one and done’ type deal, so it’s important to review them as your financial and marital status changes. This applies to laws as well. Constant review of policy is essential
These feats can be achieved by a competent lawyer, and if you’re thinking about having one put together, the team at GNPCV is here to help.
Founded in 2000, Gaines, Novick, Ponzini, Cossu & Venditti, LLP brings together a group of highly qualified attorneys focused on serving the legal needs of individuals, businesses and municipalities throughout New York, Connecticut and the surrounding areas. For appellate cases, we have a number of attorneys that specialize in the specific fields you may be looking for.