Estate Planning Lawyer in Buffalo

Helping You Prepare for the Future

Estate planning is a crucial step in preparing for the future and ensuring your loved ones are cared for and protected after your passing. Regardless of how young and healthy you may be, or whether you are single, married, with children or without, or the size and number of your assets, it is never too soon to get started on creating an estate plan. At DePrima Law in Buffalo, our team is prepared to assist you with this process now and into the future. Without an effective estate plan in place, the people you love the most could be forced into court or conflict when they are grieving and need peace the most. Or your assets could end up in New York State’s Unclaimed Funds, where 17 billion dollars already sits due to failed or absent estate plans. LIve with the peace of mind knowing that your wishes will be respected, by planning for your future now.

Reach out to DePrima Law today at (716) 638-2633 to schedule a Life and Legacy Review with our experienced estate planning attorney to get started.

What Is the Purpose of an Estate Plan?

An estate plan can serve many functions depending on what you choose to include in it. Generally, an estate plan includes a Will, a Trust, a Power of Attorney, and a Health Care Proxy..

Below are some of the primary functions of an estate plan:

• Protects your assets for your beneficiaries: Your estate plan can help preserve the value of your estate and minimize how long your beneficiaries wait to receive them.
• Ensures you have a say in who is a recipient: The individuals who inherit your assets without an estate plan in place may be completely against your wishes. By creating an estate plan, you can rest easy knowing that only your chosen beneficiaries will receive your property.
• Gives you the opportunity to choose who will make decisions on your behalf: Death is not the only outcome. If you were to become incapacitated and unable to make medical or financial decisions for yourself, you will want to ensure that whoever makes these decisions for you is someone who understands what you want. Your estate plan will give you the chance to assign the person of your choice to these roles. It also gives you the choice and power to decide who will care for your children and their assets, instead of leaving it to chance or the court.
• Keeping on top of your estate plan with any major life changes, such as a divorce, marriage, or birth of a child, is essential if you want your estate plan to work upon your passing, and at DePrima Law, we will happily review and update your plan as needed.