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Despite increased awareness about the importance of estate planning, many New Yorkers still don't have a will. At Rochester Elder Law, we often see the complications that arise when someone passes away without proper estate planning documents in place. This guide will help you understand what happens when someone dies without a will (intestate) in New York and why having a will is crucial.
Recent studies show that while the COVID-19 pandemic prompted more young adults to create wills, overall percentages of Americans without wills remain concerning. Dying without a will can cause significant logistical, financial, and emotional stress for your loved ones.
When there's no will to name an executor, New York State laws determine who can fill this role. Typically, the priority order follows close family relationships, but the specific circumstances can affect who is eligible to serve as the estate administrator.
New York has specific laws governing how assets are distributed when someone dies without a will. While the details can be complex, here are some general points to consider:
It's important to note that these rules can vary based on the specific family situation and the types of assets involved. For personalized advice about your situation, it's best to consult with an experienced New York estate planning attorney.
Without a will naming a guardian, a New York court must appoint one for minor children. This process can be lengthy and may not align with your preferences for your children's care.
At Rochester Elder Law, we specialize in creating comprehensive estate plans tailored to your unique situation and compliant with New York State laws. We can help you:
Don't leave your family's future to chance or to New York's intestate succession laws. Contact Rochester Elder Law today to start your estate planning journey and ensure your wishes are legally protected under New York State law.
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