November 12, 2024

Estate Planning After a Wrongful Death with Mary Beth Heiskell

38 minutes

What rights do families truly have when a loved one’s death might have been preventable? In this insightful episode of Financially Ever After, Stacy Francis sits down with Mary Beth Heiskell, a seasoned legal expert in wrongful death cases, to unravel the often-hidden financial and legal challenges families face when tragedy strikes. From the rights of estranged family members in estate claims to practical tips on managing assets and legal appointments, Mary Beth shares indispensable guidance to help families protect their financial future and avoid common pitfalls.

Listen in as they discuss:

How estate rights can affect you. For example, New York state law grants parents, including estranged ones, a potential share of the estate in certain cases, impacting surviving spouses and heirs.

When a spouse wants to serve as the estate administrator, certain family members, such as estranged parents, may need to formally approve the appointment. Planning these steps in advance can help avoid disputes and smooth the process for surviving family members.

Steps for proactive asset management, such as transferring ownership of specific assets—such as vehicles, firearms, or real estate—before a loved one’s passing can greatly simplify the estate process for survivors.

Navigating the complex landscape of wrongful death and estate administration requires specialized knowledge, making expert assistance essential to avoid costly mistakes.

Resources:

Mary Beth Heiskell on LinkedIn

Email: [email protected] and [email protected]

NY - Advance Directories - Make your wishes known and honored

NY - Appoint your healthcare proxy

9.11 World Trade Centre Health Program

WTC Victim Compensation Fund

Stacy Francis on LinkedIn | X(Twitter)

Email: [email protected]

FrancisFinancial.com

Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

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By Stacy Francis

4.8

3939 ratings