Legal Question in Wills and Trusts in New York
no will laws
My mother has just turned eighty
she has no will. Should she?
4 Answers from Attorneys
Re: no will laws
Since you have provided no information on her assets, their worth or how they are registered, a simple answer is an emphatic yes! Aside from ease of transfer, she may have specific ideas how she wants her personal property handled (jewelry, furniture, etc.), there may be special needs of children or grandchildren, and a whole host of other issues (potential death taxes, etc.). Plus, the probate costs are less when there is a Will, rather than intestacy (not having a Will). I suggest you get her to a good Will/Estate attorney. Many people her age fear writing a Will, thinking this hastens death (really!), but not having one does a disservice to her family. The family may need to push her a little.
Re: no will laws
Absolutely!!
Re: no will laws
It would be a good idea.
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Re: no will laws
Only if she has any assets solely in her own name.
This post is not legal advice and does not create an attorney-client relationship. It is a comment on the legal question posed by the poster and should not be relied upon in any way. All readers are advised to consult an attorney to address their specific legal concerns. Additional facts could affect the answer given.