Establishing a will or trust can help you rest assured that your assets
and property will be properly divided among your beneficiaries. How
wills and trusts do this, however, is very different. An estate planning attorney in Mt.
Vernon can help you understand the options available to you so that you
can make decisions you’re comfortable with.
The defining difference between these two is that a trust goes into effect
while you’re still alive while a will becomes relevant upon your
death. People often choose trusts because they allow someone’s assets
and property to transfer into the care of a trustee during life so that
the estate won’t have to go through probate.
Your trust, however, may not be as thoroughly defined as you believed it
to be in life. Certain assets or property not outlined in a trust can
still go through probate. Without a will backing up your trust, any of
these items will not be divided according to your wishes but rather state
law. Consulting with an estate planning attorney in Mt. Vernon to establish
a will or trust can help you rest assured that your whole estate is covered.
Advanced Healthcare Directives
Your estate plan should include items likes a living will, medical privacy forms,
advance healthcare directives, and other documents that help your family and doctors know how to treat
you. These documents are important not just because they outline your
wishes for your healthcare, but because they become your voice when you’re
incapacitated and unable to speak for yourself.
If you’re affected by a coma, mental illness, diseases such as Alzheimer’s
or dementia, or are suffering from a traumatic brain injury, it’s
possible that you won’t be able to communicate your wishes. The
Browne Firm can help you compile your wishes for your medical treatment
in the event of your incapacitation so your family won’t have to
guess when making difficult decisions.
Need help with estate planning in Westchester County? Reach out to The
Browne Firm. Call us at
(914) 290-5622 and ask how we can help.