Table of Contents

Is Probate Required if There is a Will?
When is Probate Necessary in New York?
Best Estate Planning Lawyers in Brooklyn: Why it is important?
Do I need an Estate Plan?
Pros & Cons of Revocable Trust
Estate Planning for a Married Couple: How to do it?
Estate Planning for Business: Why it is Important?
What is Estate Planning?
What does an Estate Plan include?
Is Estate Planning only for the Wealthy?
Estate Planning for Singles: Widowed, Divorced, and Never Married!
Estate Planning for Pets: Why it is important?
Estate Planning for Children: How to do it right?
Estate Planning Checklist: Important Guidelines & Details!
Estate Planning for Business: Why it is Important?
What Is Estate Planning?
What Does an Estate Plan Include?
Is Estate Planning Only For the Wealthy?
Estate Planning for Pets: Why You Need To Do It?
Estate Planning for Children
Estate Planning for Singles
Estate Planning Tips for A Married Couple
Do I Need an Estate Plan?
Estate Planning for Business
Estate Planning Lawyer
Periodontal Disease – You Might Have it and Not Even Know It
Why Hire a Professional Web Development Company
Home Theater Installation NY: Basic Advice is Offered
Cosmetic Dentistry – Powerful Technology Can Give You Your Best Smile
Learn How Dental Implants Could Help Your Dental Health
Periodontal Disease – You Might Have it and Not Even Know It
Kids Teeth Flossing: 5 Top Parents Questions
Tongue Tie Treatment – Pediatric Dentistry Brooklyn
Thumb Sucking: Break the Unhealthy Dental Habit
Smile Makeover- a Fabulous Smile That All Will Envy
Oral Sedation Dentistry for Your Child
Child’s First Dental Visit: What Can You Expect
What Is Pulpitis and How It Is Treated?
Too High Filling: Why It Is Important to Correct
Top 3 Reasons You Shouldn’t Fear Root Canal Therapy
Cosmetic Dentistry- Powerful Technology Can Give You Your Best Smile
Best Option–Zoom Whitening in Brooklyn
Looking After Your Kid’s Primary Teeth
Teeth Whitening – an Incredible Look That’s Effective and Safe
Types of Toothbrush Bristles To Know for Better Dental Hygiene
Dental Implants – Today’s Long-Term Solution of Replacing Missing Teeth
Don’t Let One Missing Tooth Damage the Rest of Your Mouth
Don’t Let One Missing Tooth Damage the Rest of Your Mouth. Dental Implants
Happy Dental Visit in Brooklyn: Child’s Experience
Have You Heard About One-Visit Dental Crown?
Have You Heard About One – Visit Dental Crown?
Invisalign Teen Could Help Your Kid in Brooklyn
Teeth Whitening Treatment: Whiter Smile in Just One Hour
Professional Teeth Whitening for Safe and Effective Results
Crooked Teeth? How We Can Help You
Crooked Teeth? How We Can Help You Invisalign
Learn How Dental Implants Could Help Your Dental Health
Is a Dental Implant Treatment Better Than a Bridge?

Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the ones that care about what they pass on to others, don’t you think? While the billionaires and millionaires do have a knack for estate planning, they are not the only one that can benefit for a good estate plan. Yes, you non-billionaire can benefit from planning; you don’t have to be super-rich and successful in order to distribute the possessions that you have. In fact, estate planning has very little to do with being rich.

Planning Your Estate

When you are going through the process of estate planning, it would mean that you get to decide how the possessions of yours are going to be distributed after your death. There is no doubt that it will also decrease the burden that your loved ones have to take when they are making decisions such as property division. Regardless if you own a small co-op or a portfolio of building don’t you want to control who gets what?

List The Assets That You Have

Having a proper estate plan is an effective and efficient method to ensure that the whole process of estate planning goes smoothly. However, everything isn’t as easy as it seems. You need to make sure that you form a list of the things that you own. This could include real estate, investments, family heirlooms, bank accounts, vehicles, and so much more. You also need to ensure that you keep on updating this list of yours periodically. You can keep on adding the things that you acquire as your property.

Making A Will

This is definitely one of the most important things that you need to include in the process of estate planning. The will of yours would be the ultimate legal document that you need for the process. This written document would dictate the entire process of distribution of the property that you have after your passing. In case your death occurs before the creation of a will that is valid, the state law has the authority to govern the entire distribution process of the estate. Also, the state law can decide who is eligible or capable of becoming guardian of your children that are minors.

Update The Beneficiary Information

Here is the one important thing without which your estate planning process will definitely not be complete for sure. You need to make it a particular event annually to check as well as update the beneficiary information for sure. This can save your family and loved ones from probate costs and the additional burdens that come with it as well.

With a smart estate planning process, anyone would be able to do it in the best way. You don’t necessarily have to be rich as we have proved in the points above. All you need to do is have some property that can be distributed among-st the people who you love and trust. The process is entirely simple.

Having An Up-To-Date Estate Plan Is Important For All

Not just the wealthy people but commoners can take part in the estate planning procedure for. In fact, we are here to tell you that having an estate plan is important and efficient also is an essential part of one’s consideration when contemplation retirement. There are so many different benefits that one can get with the creation of a proper and effective estate plan. Here we are going to mention some of these right now.

  • You can easily eliminate or minimize the estate taxes
  • There is a scope for providing for the orderly family business succession in the best way
  • It is the perfect plan which can be used for incapacity
  • Your loved ones can avoid probate and the fees which are associated with it
  • There will be no form of family discord since everything will be distributed legally according to the will
  • It can potentially help in the preservation of the wealth throughout several generations
  • Protection of assets from divorces, lawsuits, and creditors


Having an estate plan is not just important for the wealthy and rich but for mediocre property owners as well. This helps in establishing proper relationships between your loved ones and settles property distributions after your death. Hence call us to schedule your consultation with one of our estate planning attorney’s to see how a proper estate plan can best benefit you.