Estate Planning

Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The estate owner may have one principal goal: to make sure the greatest amount of the estate passes to the estate owner’s intended beneficiaries, often including paying the least amount of taxes and avoiding or minimizing probate court involvement. Additional goals typically include providing for and designating guardians for minor children and planning for incapacity.

In the process of Estate planning the following tools are involved: a will, various types of trusts, beneficiary designations, powers of appointment, various forms of property ownership, gifting, and powers of attorney, and a living will.
In planning an Estate Planning you will need the help of a knowledgeable and efficient lawyer. Call NYC Elder Law at (866) 99 TRUST now and get the help you need.