Estate planning is the legal, financial, and personal strategies individuals use to manage their assets and provide for their loved ones, both during their lifetime and after they pass away.
These processes ensure wealth and property are transferred according to the individual’s wishes while minimizing potential disputes, taxes, and delays.
Estate Planning looks at distinct time frames and transitions in your life, such as:
We start the process working with you to define what would happen if you lost the ability to make decisions for yourself regarding health care and finances, while you are alive. We then assist you to explore who you would want to assist you with these decisions and successor people in case your primary people are unable or unwilling to assist you. We then ask you to think about the important people in your life and how and what you would like to leave regarding your legacy after you pass on.
We thoroughly explain each of the legal documents that can assist you, i.e., power of attorney, healthcare proxy/living will, last will and testament, revocable and irrevocable trusts and sophisticated long-term care and tax planning.
We explore what your goals are and work with you to achieve them. We also have executor and trustee workshops to assist you if you find yourself in one of these fiduciary positions.
For a free consultation and to discuss your Estate Planning and Administration legal needs,
*Manhattan and Long Island Offices, scheduled by appointment.
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*Manhattan and Long Island Offices, scheduled by appointment.