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Are you a single, and you are reaching retirement soon? Well, then this is the right time for you to do some estate planning. Estate planning for people who are single is very essential as after their death there won’t be any proper heir or beneficiary to their assets. Thus, it is highly necessary to make a proper estate panning if you are single or widowed. What Does Estate Planning Include? Following are some of the must-have items which should be there in any estate planning Last will and testament – This last will or testament actually consists of your last wishes regarding your distribution of your assets and who should get it. Power of attorney – You must have
Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out of 10 Americans currently have an estate plan which refers to the fact that a lot of people are ignoring the importance of Estate Planning. Believe it, everyone including people who own a car, have furniture, own a home, have saving accounts, possess life insurance, and have a few investments should think about Estate Planning. If you have already thought about it then in that case, an Estate Planning Lawyer in Brooklyn can come in handy. Estate Planning Brooklyn It doesn’t matter if you have modest or large property Estate Planning is required. Let’s say
Do you believe that estate planning is only about making a Will? You are unfortunately acting with only half the information. There is a lot more to the process. You should get in touch with an estate planning professional in New York for a full consultation about how to keep your estate safe for your children. It is a good idea to do some research yourself, but in the long run, it is best to leave it to the ones who know best. Estate Planning Is About Making Only A Will You might be thinking that all your planning can be contained in a Will. But, a Will can allocate only the assets you own singly to your beneficiaries. The
Speeding Ticket Downtown NYC Hiring an attorney to fight a speeding ticket sounds like over-kill to many people. After all, lawyers’ fees are often quite high, they think, and the speeding ticket will typically only be a couple hundred dollars at the most. While at first thought, this may sound accurate, but the fact is speeding tickets really start costing people money only after a few months have passed. Most people today simply pay their ticket speeding ticket in downtown NYC and then forget all about it. They are then surprised when their insurance company raises their premiums, sometimes by several hundred dollars or more per year. The big expense related to a speeding ticket in downtown NYC is the
Estate planning is not what is talked about much as no one wants to imagine their death, but we all know that it is something that can’t be escaped. While we spend our whole life in accumulating wealth to secure our loved ones, we would definitely want them to be secured after our death. Hence, it’s better to plan your estate ahead of time so that you won’t regret later in the long run and your family won’t have to suffer when you are not around. Estate Planning- Irrespective of your age and value of your estate, you must plan it. Estate planning is not only meant for the property distribution after your demise but it is also to plan