Wills Trusts & Estate Planning

Estate Planning Law

Simple Wills - Trusts - Living Wills - Asset Protection

Estate planning is a comprehensive plan to pass your property on while minimizing tax consequences and reducing liability exposure in case of a catastrophic event.

In simple terms, that means estate planning will make sure everything your worked your whole life to accumulate will be protected in case of a catastrophe and will leave as much of your life savings and property in tact after taxes as possible.

Contrary to popular belief, estate planning is not just for the wealthy. Anyone with substantial property or assets should engage in proper estate planning. Estate planning also can direct someone to make financial medical decisions on your behalf should be unable to do so.

Estate Planning Tools

Estate planning uses many tools and devises to accomplish your goals, including the following:

• Legal Wills - including simple wills and pour over wills
• Trusts - including revocable trusts, irrevocable trusts, living trusts, and charitable trusts
• Living Wills and Healthcare Proxies - these devices deal with medical attention and decision making should you be incapacitated
• Elder Law - including Medicare and Medicaid planning, and nursing home planning
• Guardianships - for your children's care
• Powers of Attorney - to give someone total or limited authority to make decisions on your behalf
• Life Estates - to allow you or someone to be in possession of property or assets during yours (or their) lifetime, before being passed on to your designated heir

We have been assisting clients throughout the Staten Island-New York City area with their estate plans for over twenty years. We understand your needs and can assist you in achieving your goals and analyzing the avail tools to determine the best combination to allow you to achieve those goals.

It is also a good idea to have an attorney review your current will and other estate planning documents to make sure they are in line with your assets and wishes and to ensure they conform to any changes to your family dynamics.

For questions regarding New York estate planning laws, or for assistance with reviewing or creating your own estate plan, please call 718-447-3700 or fill out the intake form on the Contact Us page to schedule a free confidential consultation. You worked hard for your money, and we want to help you keep it.

Legal Representation Tailored to Your Changing Family Dynamics Since 1984