Estate planning is so important; NY State has already done it for you. If you die with out making your own plan, NY has a default plan that sets out who will get your money, and when. Do you trust the state to give your money to the people you want to have it most, in the way that is best for them? Fortunately, the law allows you to make your own plan for how to distribute your assets after you are gone. It’s called estate planning. When you sit down with a qualified estate-planning attorney, you will find there are many ways to give what you have to whom you want, the way you want, when you want.