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WILLS AND PROBATE

There are many reasons to consider estate planning and to put it into effect through a law firm that is versed in it. Estate planning helps secure your wishes for your assets and beloved ones at the time you are no longer alive. When people pass away without a will in place, the estate passes through an administration process set forth by the state of New York. In this case, the Surrogates Court is petitioned to approve the appointment of the estate's administrator. In cases where there are no identifiable and qualified next of kin, the Public Administrator takes over the decedent’s estate. Having a Will in place satisfies takes of this need. The law firm of Joseph N. Obiora LLC assists clients with their basic estate planning and probate needs. Contact us today for all your needs relating to drafting, updating or probating your will. Some of the estates planning documents include the Will. The will set out your basic wishes regarding how your property will be distributed after your death, as well as your funeral arrangements. It also appoints an executor to carry out those wishes and guardians for any minor children you may have and must be properly executed. Another is the Durable Power of attorney. It operates during your lifetime. It is a tool that allows you to give a trusted person the authority to act on your behalf in financial and personal matters if you become unable to handle your own affairs. Trusts. This is an important tool to use when you have minor children. The named trustees hold money in trust until your children become of age. Guardianship.  You may name a guardian for your child or children in the event of your death. Surrogate’s court generally respects and approves of your appointees, unless it sees a reason to act otherwise.  The Living will set forth the types of life-saving medical treatment you would or would not like to receive in the case of a medical emergency. The health care proxy, like a power of attorney, allows you to appoint a trusted person to make sure your living will and other medical wishes are respected.

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