New York law allows flexibility in how you structure your estate plan. A will works well for smaller estates and specific bequests, but it becomes a public record and requires probate court approval. A trust operates privately during your lifetime, avoids the court system entirely, and ensures seamless transitions if illness or incapacity occurs. For Long Island residents with multiple properties or significant assets, a trust often makes more sense. Our Islandia office explains the advantages and disadvantages of each approach so you can make an informed decision tailored to your circumstances.
