If you own a business or real estate in New York, you’ve already done the hard part: building something valuable. But without a clear estate plan, all of that can be put at risk—either through probate, taxes, or uncertainty over what happens next.rnrnThis is a common issue I see with clients who have substantial real estate, investment properties, or closely held businesses. They often have a will, or maybe nothing at all, and believe that’s enough. It’s not.
Reena Gulati Blog
Many people believe that once they’ve signed a will or even created a trust that their estate plan is complete. In reality, this assumption is one of the most common and costly mistakes families make.rnrnAs an estate-planning attorney, I regularly meet clients who are confident they are “all set,” only to discover that their documents no longer reflect their lives, their assets, or their intentions. When that happens, even well-meaning plans can unravel at exactly the wrong time.
