The question you want to address that many people overlook or outright choose to avoid is, "Do you have your estate planning in place?"
Don't go to the local office supply store and pick up the software for creating your will and everything. Go to somebody who specializes in estate planning.
Make your wishes and desires known. Be sure every thing is set in place legally because, you know what, if you're depending on a will, your assets probably won't end up going where you want them to go. If you don't know how to correctly arrange your financial assets, the chances of them going to loved ones rather than to the government are very, very slim.
There are so many sad stories out there of very wealthy families where the breadwinner died thinking he had put everything in place to take care of his family. In fact, that caring person failed to set the right programs in place. With all the taxes that were incurred after the breadwinner's death, there was nothing left for the family to live on.
Here they lost their devoted, wonderful breadwinner person in the family. They lost all their financial stability. They lost their home. They pretty much lost everything--all because of somebody having good intentions, without having the knowledge and services of an expert.
You get what you pay for. Find somebody who specializes in Estate Planning. Do not go to a general lawyer. DO NOT go to your family lawyer-though you might get a good recommendation from that person.
Estate laws change often enough that you want someone taking care of your estate planning who stays current with the latest laws and knows how to give you Estate Planning Lawyer Queens and need-even when you may not know what you need.
Find somebody who has a good reputation for success in knowing what he or she is doing. Be sure that you have taken care of every aspect of your finances and estate - Every aspect of your estate so that everything goes to the person or people you of your choosing.
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