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Legal Last Will and Testament Form for a Single Person with Minor Children New York

Legal Last Will and Testament Form for a Single Person with Minor Children New York

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welcome to frank bruno law the best part of my day and hopefully the best part of your day i'm on a march to continue the 34 common estate planning traps and how to avoid them up to question 15. so this is a new section it's called section d and it's poor planning for young or special needs beneficiaries and number 15 of my 34 common traps is naming a minor as an outright beneficiary of a will life insurance policy or retirement account so in the event that a person um it could be a married couple and they put minor a minor child as a beneficiary the last of the couple to pass away if the child is a a minor and this could be uh they had children later in life they adopted a child or they want to name a grandchild right any any of those scenarios where they're leaving money to a person under the age of in new york 18 your state may be different i don't speak about other states some states might be 21 but in new york up to 18 18 is the age of major

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