Estate Planning Attorneys in Flushing, NY

Estate planning is a legal process which is targeted at assets preservation and succession. Through estate planning, you decide how your assets will be distributed at your death or during your life. When done properly, it can help save you and your estate thousands of dollars, and ensure your final wishes are carried out.
Estate Planning is a very simple concept. Unfortunately, it is also the subject of many misrepresentations and misinterpretations. This confusion causes many to create an improper estate plan. To avoid this result, we need to take the time to understand what estate planning is. The following provides an explanation of the estate planning process so that you may be familiar with the topics we will discuss at our initial meeting. Please review this memo and complete the estate planning worksheet prior to our meeting.
Proper estate planning will allow you to ensure you are able to control what happens to your assets now and after you’re gone. It is the best way to ensure your specific wishes are followed rather than relying on State Law of inheritance and intestate distribution. There are many benefits to estate planning including minimizing taxes, maintaining privacy, helping your loved ones avoid probate court, protecting your loved ones from creditors and much more.

Probate is a process which validates and pronounces Last Will and Testament of Individual as valid and effective for purposes of estate administration and asset distribution.
If you have had a loved one pass away recently, you may have found that their Will has to pass through probate court before debts of the decedent ?may be paid and the remaining assets of the decedent may be distributed to the beneficiaries. Depending on the size and complexity of the estate itself, this process can take anywhere from few weeks to several years. If you are a beneficiary of the estate, or involved in it in any other way, it is important to understand what to expect and to have the help you need.
An attorney can be helpful throughout the probate court process. This is especially true if you have been appointed as the Executor or personal representative of the estate. If you would like assistance with any aspect of the probate process, please contact us.