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Consider the facts. Estate planning involves so many different areas. It’s difficult for a good estate lawyer to know all of the intricacies, let alone an average person! Mistakes are bound to occur when a typical person tries to plan his estate without the help of a good New York estate planning attorney.

Listed are just a few of the more common mistakes that can be made when attempting to do estate planning, but it is by no means the end of it:

1. Making The Assumption Your Family Won’t Fight. You probably knew someone whose estate his children fought over bitterly after his passing. You look at your kids and grandkids and assume they could never do that to each other.  They’re not greedy, after all. While greed can often stoke the flames in an estate battle, any emotional attachment to property that a person has is just as likely to enflame him against his brother or sister. Photo albums, a chest full of old toys, a wedding dress, and many other types of items often have no real monetary value. Still, these items could mean the world to one or more individuals involved.  This can lead to a court battle if there’s been no clear division of property. Help your family avoid this by getting a New York probate lawyer.

2. Never Updating Your Will. People make the false assumption that once a will has been written, it never needs to be reviewed or updated. This is simply not the case. Any number of things can occur to invalidate the will you just drafted. If you obtained new property it won’t be covered under your current will. If a child or grandchild was born to you after the will was written he won’t be covered either. A New York probate lawyer can help you figure out what possible changes in your life may warrant a review of your will. He will let you know when you should update it.

3. Falsely Believing Estate Plans Are Just For The Rich. Many have the wrong idea of just how valuable their property is and assume that they don’t need to bother with estate planning. Most people would be surprised by the true worth of their estate, especially when a home is factored into it. More often than not estates wind up exceeding the tax-free limit placed on estates. Because of this oversight your estate could wind up being taxed heavily. Have an executor attorney and a financial analyst or accountant go over your estate to see just how valuable your assets are.

4. Appointing Estate Managers Based On Family Position. When it comes time to determine who the executor of your will or who a guardian shall be for your offspring, often emotions come into play. Your middle son was always your favorite, so you feel he should be appointed as head of the estate. The most important factors in making these determinations should be skill and availability. Don’t let anyone manage anything unless they have the ability and the time to do it effectively. An executor lawyer can assist you with this kind of decision process.

5. Failing To Make An Estate Plan At All. This is the most common mistake that people are guilty of! You’re healthy now.  Why think of uncomfortable things like death?  You’ll get around to it. And then you never do. This could tie your estate up in court for years and years. Have an attorney help you set up a proper estate plan. If you have minor children you need cared for, look to a guardianship attorney for assistance. If you’re worried about what happens if you become incapacitated, a living will attorney can help you.

Marchese & Maynard can provide you with the greatest New York probate attorney available. Visit their website and get a New York estate planning attorney to help you soon.

No one wants to think about death and the need of an executor lawyer to handle their estate, but sooner or later we will all need one. Get a lawyer in to help you plan and handle your estate as soon as possible.  It will only hurt your family in the end if you wait until it is too late to get everything done. It’s possible that if you wait too long you won’t be in the physical or mental condition to handle such matters.

If you have already hired a New York estate planning attorney, you would probably want them to act as your executor lawyer. A lawyer in this position will be intimately aware of your entire estate and how it will pan out in the end.  They will also have foresight into the various individuals and personalities that the executor will have to contend with following your death. A lawyer that knows which individuals could cause problems and object to how the estate is being divided will be a greatly prepared lawyer.

Many are of the belief that the role of executor should go to the oldest child. While this may work out in some cases, it has the potential to create more problems than it fixes. An role as important as this should not be chosen based simply on family position and age.  This allows for the possibility of someone unsuited to the task being selected. This can then lead to mistakes being made, hurt feelings from offspring that may have been better suited to the task to begin with, and overall delays in the division of the estate.

Bringing a lawyer in to do this will satisfy two roles at the same time. First, it will allow the executor to be someone who is skilled in that specific task. The estate’s division and distribution will be carried out much more smoothly. Secondly, this allows for impartiality to enter the estate division process. The lawyer does not care if someone wanted the car or if someone wanted the house. All he will care about is what you, the deceased, wanted when you and your New York estate planning lawyer figured everything out.

Don’t let this most important of tasks fall to someone who can’t handle it. Enlist the aid of an expert executor attorney.

The law offices of Marchese & Maynard can provide you with the best executor attorney available. Visit their website and get a New York estate planning attorney to assist you today.

Thank you and welcome to our website. Need tough representation and wise counsel?  That’s what you’ll find at Marchese & Maynard. We have many years of successful cases and hundreds of satisfied customers, and you can be one of them.

If it’s a great New York estate planning attorney that you’re looking for, then you have found it! Marchese & Maynard is where you should go if your matter concerns estate law of any type. Likewise, if it’s a guardianship attorney or an executor attorney you need, we at Marchese & Maynard are ready to assist you.

Here at the law offices of Marchese & Maynard we feel that our top priority should always be the client. Our firm’s focus is on the execution of our duties as lawyers in the most cost-effective and efficient manner possible so that you get the results you want at a rate that is affordable.

With all our years of experience and our knowledge of the legal profession, we are dedicated to providing only the best service to you, the client.

When you call Marchese & Maynard to handle your case, you will get an experienced New York probate lawyer who knows how to get results. Our legal expertise is only a phone call away. The asset protection lawyer we provide will be able to take care of your case.

We have two convenient locations to better serve a wider area: With the main office in Manhasset, Long Island, our staff has easy access to anywhere in Nassau and Suffolk Counties. We also maintain an office in Manhattan to better serve the Five Boroughs of New York City. The New York Metropolitan area can rest easy. If anyone is in need of a living will attorney or an executor lawyer, we can be there.

Have an issue with estate law, elder law, trust law, or real estate law? Come to Marchese & Maynard and get an expert New York estate planning lawyer on your case. Remember that your initial consultation and estimate is completely free with absolutely no obligation to you.