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Estate plans can only be achieved and implemented with only the appropriate documents with proper inclusions. It is quite easy to sit alone and make these plans, however, any wrong details, or documentation may result to loss of assets, properties, investments, retirement benefits, and even more annoying and draining probate process. Similarly, there are laws that guides what details should be included in an estate planning documents, and they also map out the formalities in which these documents are implemented. It would therefore be necessary to consult an estate planning attorney who knows what the state laws demands on every estate plans in New York as well as the process filing estate documents.
Estate planning documents in which you need to have documented while you are still alive and well includes wills, living trust, advance medical directives and durable power of attorney. These documents all serve different functions, although, all have a common interest of protecting you, loved ones as well as your assets. No matter what financial or medical situation you are, you should prepare to start making your estate plans.