Get it Right From The Start

You've Gotten Married!

With that comes a whole new set of responsibilities that you and your spouse share. This includes greater concerns about your finances and making sure that you are set up to take good care of each other – Right From The StartSM.

ONE AREA OFTEN OVERLOOKED by newly married couples is the importance of having a Will and other advance care directives. Being married does not give spouses the legal right to make critical medical and financial decisions for each other if one dies or is incapacitated. Without the proper documents in place, you will not be able protect your loved one at the worst possible time.

MOST YOUNG COUPLES think they do not need a Will because if one spouse dies, all assets will automatically go to the surviving spouse. Although this is true if there are no children, if there are children, 50% goes to the spouse and 50% to the children. Without a Will, the process is much more complex, time-intensive and stressful. When you have children, not having a Will makes the challenges even more complex. If there are children under age 18, when there is no Will in place, the Court supervises assets left to your children until the children turn 18.

Do you want your spouse to go to Court every time they need money for your children?

TWO OTHER IMPORTANT DOCUMENTS for a newly married couple are the Power of Attorney and the Health Care Proxy. If you become incapacitated, your spouse won’t be allowed to make important decisions for you without these in place. Spouses can’t sign each other’s name to legal documents, get health care information from doctors, or manage each other’s personal finances.

WITHOUT A HEALTH CARE PROXY, your spouse cannot assist in making important health care decisions, and without a Power of Attorney, your spouse cannot handle your financial matters.

IF A PERSON becomes incapacitated without a Power of Attorney or a Health Care Proxy, a Guardianship Action can give you these capabilities.

THE PROBLEM IS, this can easily cost up to $15,000 and is a timely process. This slow and expensive process is unnecessary when you have a Power of Attorney and a Health Care Proxy.

THE WORST CASE SCENARIO is if there is a common disaster and something happens to both of you. Who will care for your children? Who will raise them properly? Who will make sure that the money you have left for them is used for their care? Without a Will that designates a Guardian for your children, the Court will appoint a stranger to be their Guardian. This person is in control of your money for your children and will receive an annual fee from these funds.

OVER THE YEARS, we have heard too many heart-breaking stories where these same scenarios have occurred. Most young couples think that preparing a Will and these other documents is too expensive.

This can be true, and that is why we created the plan.

Get It Right From The StartSM

Only $1,250 and includes:

  • A Custom-Prepared Will
  • Power of Attorney
  • Health Care Proxy
  • Living Will

One of our attorneys will meet with you in our office to ensure we are addressing your specific needs and wishes. We will be available to you by phone and e-mail to answer any questions, before and after your documents are executed.

It is the goal of our office to be there to take care of all the needs for your newly-formed family, whether the need is visible now or just a short way down the road.

Contact us today to discuss your situation and learn if our Get It Right from The Start plan makes sense for your family.

The Law Office of Stephen J. Silverberg, P.C. provides elder law and estate planning legal services to clients throughout metropolitan New York and New York City including the communities of Long Island, Brooklyn, Queens, Manhattan, Roslyn, and Roslyn Heights. Please contact the firm if you or a family member is in need of legal assistance with New York Trusts and Estate Planning, New York Elder Law, New York Special Needs Planning or New York Business Planning and Wealth Preservation.

AV®, BV®, AV Preeminent® and BV Distinguished® are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies.