I know I need to make out a will but I am only 30, single, and I do not have any children. I can wait until I am older or until I get married to make out a will, right?

Wrong. A person who is 30 is not too young to start thinking about making out a will. If you do not have a will, your property will be distributed according to New York Estate, Powers and Trust Law (EPTL) 4-4.1, which provides who gets the assets of persons that die intestate (without a will). Joan C. Lenihan, Attorney at Law, can help you draft your will as well as other important estate planning documents such as a Power of Attorney and Health Care Proxy. In your case, since you are single and have no children, EPTL 4-1.1 dictates that your parents inherit your estate if they are still alive. If they are not, then your siblings take an equal share. This is not a good result if you do not get along with your parents and/or siblings or want to leave your property to someone else. Furthermore, if you do not have a will, you will not be able to name an Executor, who is the person that distributes your property and pays your bills and taxes. The court will appoint an administrator to do these important tasks-possibly someone you, yourself, would not have chosen.