How Important is Estate Planning?

Estate Planning in NYS

In Al Anon and similar groups, there is a saying for when someone begins to get upset about something that someone else has or has not done. That saying is: how important is it? If it is not important at that time and is not going to cause the world to come crashing down, then perhaps it is not that important and, rather than get upset, you can simply move on. Estate Planning, however, is very important, and it should be given the careful time, attention, and care that it deserves. While many people do not want to think about Estate Planning, it is something that is extremely important to have in place, given that we do not know when or how we might die.

Imagine, if you will, that you have a disabled child that relies on you and you pass suddenly. Now, imagine that you have no Will, so the business that you built over time and that helped support that child was sold and the majority of your Estate was split as allowed by law, leaving your dependent disabled child to have to collect disability. Imagine if you had younger children and were suddenly stricken with a terminal diagnosis and now your children, barely adults themselves, are trying to help you with getting your affairs in order.

If you need to get your own affairs in order, connect with MCV Law today. Our experienced Estate Planning lawyers would be happy to guide you through the process and help you customize the documents you need.

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