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In terms of estate planning, there is no time like the present. While many people believe they are too young or don’t have enough assets to begin the planning process, the estate lawyers at MacVean, Lewis, Sherwin & McDermott, P.C. urge their clients to get started as soon as possible. This firm can also offer assistance when it comes to creating a solid estate plan, from drafting documents to navigating probate.

You’re Never Too Young

estate lawyerIt can be hard to look ahead to your inevitable demise when you are young and full of life. However, when you’re young is actually the best time to begin the estate planning process according to most estate lawyers. This is especially important if you have young kids. Without a will in place, your property and assets will be divvied up by the court, which can leave your family out in the cold. You can also name guardians for your minor children in your will in the event both you and your spouse are deceased.

You’re of Advancing Age With Numerous Assets

At this point, if you haven’t already created an estate plan, you must begin immediately. People with numerous assets need protections for their estates more than anyone else. If you die without a will in place, you run the risk of your estate ending up in probate. Not only does this make all of your assets (as well as debts) matters of public record, but it can also be a costly and time-consuming process. It can also be extremely tough for families in the event they contest the decisions made during probate.

In Middletown, NY, MacVean, Lewis, Sherwin & McDermott, P.C. have a reputation for providing dedicated legal assistance on a wide range of issues. Call (845) 343-3000 today to schedule your consultation with an estate lawyer. If you’d like more information on the full range of legal services, including DWI law and commercial litigation, feel free to visit this firm online.

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