Preventing estate-related complications

Sometimes, thinking of death is difficult and some people may push off preparing for the loss of their spouse or their own passing. However, planning ahead can be very beneficial for people in Jamaica, New York, and all over the country. By taking steps to prevent estate-related disputes  or other challenges related to an estate, people may be able to make life easier for their loved ones after they pass away.

A piece that was recently published by the New York Times helped draw attention to the different ways that families can try to prevent estate-related complications. For starters, couples should plan ahead with regard to their passing beforehand and take steps to make estate matters less challenging once they do pass away. For example, they should review any unique details regarding their circumstances and prepare accordingly, such as owning real estate in multiple states or having a child with special needs.

The U.S. Census Bureau reports that across the country, over 800,000 people lose their marital partner every year. Moreover, statistics reveal that roughly one out of every four Americans over the age of 65 are living as a widower or widow. To make estate matters less complicated, couples should try to work together when setting up a trust, writing a will or taking care of any other issues regarding their estate.

When it comes to estate topics, identifying the best course of action can be tough. As a result, many people have turned to a knowledgeable legal professional for a clearer understanding of their different options.

Source : New York Times, ” Death Is Inevitable. Financial Turmoil Afterward Isn’t., ” John F. Wasik, Jan. 13, 2017

The following two tabs change content below.
Preventing estate-related complications

Ledwidge & Associates

Ledwidge & Associates, P.C. in New York City has years of experience helping clients create estate plans that fit their needs. We have the experience and resources to handle your critical legal matters with the utmost care and attention to detail.
Preventing estate-related complications

Latest posts by Ledwidge & Associates (see all)