Every client of Baillie & Hershman P.C. is encouraged to review, prepare, and/or update a will on a regular basis. As family circumstances, assets, and goals change, the guidance of a trusted estate planning lawyer is invaluable. At Baillie & Hershman, our experienced, attentive estate planning attorneys advise clients in the most effective means of transferring assets, minimizing taxes, and protecting assets.
Whether our clients seek simple wills to handle modest estates or more complex wills with complex asset portfolios in mind, we advise them on the most advantageous ways of holding and passing on assets. We review such related matters as the naming of beneficiaries on retirement funds and life insurance policies. We talk about legal guardianships that will clarify the status of minor children or supplemental needs trusts or special needs trusts for disabled family members.
Young adults sometimes neglect will preparation out of the belief that death is far off. Our estate planning lawyers remind clients of all ages and stages of life of the importance of maintaining up-to-date, well-thought-out wills.
Wills enable people to decide where they want their assets to go at the end of their lives, rather than relying on New York statutes to make this important decision. A person making a will can name the executor of the will, name guardians for minor children, include business succession plans, and establish trusts, such as supplemental needs trusts and special needs trusts — all within the crucial document of the will.
Contact us to schedule a review of an existing will, draft a new will, discuss when and how to update a will, or bring or defend a will contest.
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