Although this seems like a personal question & decision, it is one that has an effect on your loved ones once you are no longer able to make decisions about your belongings and property. Careful planning can help to ease the grieving process of your loved ones. It is important to consider the ones you love that may not be covered by template language or standard NY laws. This includes step-children, step-parents, unmarried domestic partners, and friends you consider family.
Taking the initiative to have a plan for your assets and property will put your mind at ease also.
Estate plans can include: Last Will & Testaments, Irrevocable Trusts, Revocable and Pour Over Trusts, "Medicaid Trusts," Proper assignment of beneficiaries, change in form of ownership of assets, as well as Health Care Proxies and Written End of Life Directives
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