A will is one of the simplest legal documents most people will ever sign, and one of the most often put off. Here is why it matters even for modest estates.

What a will actually does

A will names who receives your property, who manages your estate and, if you have young children, who will care for them. Without one, state law decides all three for you.

What happens without a will in New York

New York’s intestacy rules divide your estate by a fixed formula. A spouse and children share it, unmarried partners receive nothing, and a court appoints an administrator who may not be the person you would have chosen.

Small estates still benefit

Even modest estates include bank accounts, a car, digital accounts and personal items with real sentimental value. A will, plus beneficiary designations kept up to date, keeps those decisions with you.

What it costs

A straightforward will is usually a flat-fee matter. Pairing it with a power of attorney and a health care proxy covers the decisions that come before an estate, not just after.

This article is general information, not legal advice for your situation. For advice on your own matter, schedule a consultation.