Thursday, February 20, 2014

It's Never Too Early For Estate Planning, But It Could Be Too Late

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With life's uncertainty it's never too early to start making an estate plan, but it can be too late. Many people choose not to address the need to create a last will and testament, associating the task with morbidity. It is important to notify your family and friends of your desired wishes in the event that you suddenly pass on. Actor Phillip Seymour Hoffman is tragically a prime example of such a case.

The actor tragically died on February 2nd of an apparent drug overdose. Hoffman spoke candidly of his past struggles with addiction and even checked himself into a rehab center last year for 10 days after relapsing. The grieving process was made simpler for the family that survived him thanks to his preparedness of a will.

In the document, Hoffman bequeathed all of his personal property to Marianne "Mimi" O'Donnell, the mother of his three children.

The Law Offices of Louis D. Stober Jr. are experienced in comprehensive estate planning needs.  Our experience, combined with our successful track record makes us Long Island's premier law firm.  Work with attorneys who will care about the well being of you and your family. Contact us to learn more about estate planning.  Don't forget to Like us on Facebook and FOLLOW us on Twitter for the latest news stories and legal tips.