Estate Planning

Estate Planning

Randy J. Schaal, Attorney at Law, Serving Central New York, including Oneida, Rome, Utica, Syracuse, Chittenango, New Hartford, Whitesboro, Bridgeport, Lowville, Boonville and surrounding areas

Powers of Attorney and Health Care Proxies are important to have in place. Without those documents, if you become incapacitated, your family needs to go to court and the stress and cost to your family can be averted by having same in place.

Wills can have trust provisions for minor children and special needs children. A trust can end when you decide. Thus, if 18 is too young for your child to have the final say (which is what the state law age is on emancipation) on spending the trust, you can end it when your child reaches 22, 25 or 30. depending on your wishes. 

Having a will in place allows your wishes to be controlling.
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