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Top Ten Reasons to have a Will

While none of us like to contemplate our mortality, it is vital to plan for what happens to your assets when you pass away.  Not only does a will allow you to distribute your assets according to your wishes, it can legally protect your family and save your family time and money.

Here are the top ten reasons to have a will:

  1. You dictate how your assets will be distributed.  Your will is revocable as long as you are alive.  Once you die it become irrevocable and your heirs must follow your wishes.  If you die without a will in New York, New York State law, not you, will dictate how your assets will be distributed.  If you do not have a plan, New York State has a plan for you. Continue reading “Top Ten Reasons to have a Will”