Customize Your Will And Estate Planning
Writing a will is an intensely personal process. The distributions you choose will impact your family for years to come. It is important to work with attorneys who understand the sensitive nature of this document and who can counsel you on your options.
At the McMahon Law Firm, our attorneys have many years of experience as estate planners. For more than 20 years, we have been helping families in Camillus, Syracuse and throughout upstate New York, draft last wills and testaments that ensure their final wishes are made clear.
The Benefits Of A Last Will And Testament
No matter your age or the size of your estate, everyone can benefit from a last will and testament. At the McMahon Law Firm, we work with both younger clients and older individuals to develop wills that protect their properties, carry out their wishes and ensure family members, especially minor children, are cared for after they are gone. For families with young children, the parents will specify in their will the person who will take care of their child or children should both parents die. The person who will take care of their child or children is called the guardian.
Many family heirlooms, while not financially valuable, have a great deal of sentimental value. Through a will, you can ensure these heirlooms are handed down to the correct family member.
Tailored Estate Plans To Effect Your Final Wishes
Your last will and testament is a powerful document. It lays out how your money and property will be distributed after you have died.
Some people may be tempted to turn to online estate planning tools that provide generic estate plans. This may be a mistake. There is no “one size fits all” estate plan. Instead, your estate plan should be tailored to meet the unique needs of your family.
Every state has specific estate planning rules that must be followed. Failure to meet these requirements may cause your will to fail and open your estate to a contest. Certain types of properties may require more sophisticated estate planning vehicles in order to protect your wishes. If you require Medicaid-funded care, the state may force your family to spend your assets on nursing home care unless they are adequately protected.
Our lawyers take the time to get to know our clients and their family dynamics. Based on our clients’ health, age, finances, property holdings and wishes, we develop estate plans that meet their specific needs.
Ensure Your Property Is Passed To The Right Family Member
If you die without a will, the government generally does not take your property. Instead, state intestacy laws govern who will get your money and property. However, the people who receive your property and money under these laws may not be the people you would have chosen. Make sure your property goes to the people you choose. Contact the McMahon Law Firm today at 315-849-9053 or 800-391-9987. Consultations are free. A member of our staff speaks.