Estate Planning is not a mystery. By definition, it can be called life planning. It is essentially the process of deciding how you want your property to be handled at the time of your death. People confuse the idea of an estate to be something associated with only the wealthy. That is simply not true. If you own jewelry, clothing, a car, or even household furniture, then you have an estate. Estate Planning is simply much more then just deciding where these items should go and to whom they should go to. Estate planning is making decisions that will have a major impact on your family as well as yourself. Our firm proudly serves all of Brooklyn, Manhattan, and Queens. If you are located within the Downtown Manhattan area, we can gladly be of service to you. Our firm is here to assist individuals, business entities, and organizations in the following area codes: 10004, 10005, 10006, 10007, 10038, 10280.
Why You Need An Estate Planning Lawyer
Consider the following: you pass away and you have four children. One child has severe medical issues and the other three are all healthy however they lack compassion for their sibling with the medical irregularities. At the time of your passing, all four children will get an equal portion of your estate. Wouldn’t you think it would be a better idea to instead have your ill child receive a larger portion of your distributions because of their complications? This can easily be done with the proper estate planning. We sometimes don’t take into account how our assets will be distributed. The best decision you can make is retaining a New York Estate Planning Lawyer to educate you on NY Estate Law, estate tax, and what the best possible way is to approach your strategy on how distributions of your assets will be made.
The Benefits of Estate Planning
Court fees, legal fees, and estate tax can get very expensive very fast. Mishandling or mismanaging your property can also expose you to more overhead at the time of your passing. Instead of waiting for these issues to transpire, take control of your future and the future of your family by retaining an estate lawyer who will help you get organized. Our law firm will exam any possible pitfalls in your current estate plan. We will examine your situation with extreme care to identify how we can ensure you are not spending more then you have to in taxes and fees.
Located in Lower Manhattan, we are glad to be helping business and individuals with estate issues within the following zip codes: 10004, 10005, 10006, 10007, 10038, 10280.
Contact a Downtown Manhattan Estate Planning Lawyer today for a consultation or to set up an office visit. The number is (646) 736-6328.