Attorneys in Woodmere, NY

Trust is a legal entity in which you can place certain assets to accomplish specific goals. There are many different types of trusts, each used for different purpose. Special Needs Trust – created to help provide care for chronically disabled individuals (children, parents, siblings). Can be created during lifetime or at death.

Over the years, our legal practice has continued to rapidly expand into several additional complex and sophisticated areas in which we had advised many clients, including, but not limited to: international tax and wealth preservation planning; family business succession planning; tax and estate controversies; corporate and partnership business structuring; marital planning; and income tax planning for closely held businesses and real estate clients.

At our company our attorneys focus their practice on estates and trusts administration, domestic and international estate planning sophisticated domestic and international taxation, and asset preservation counsel to CEOs of major corporations, ultra-high net worth individuals, multinational businesses, and charitable organizations.

If you are like most people, you like to donate money to one or more charities that are close to your heart. Many people have given to the same types of charities for years, so it makes sense that they would want to leave them one final gift from their estate when they pass away. If this makes sense to you, we can help you tailor your estate plan to achieve the following:

1) Benefit your favorite charity or charities, in a way that would still allow you to retain a form of control over gifted assets, and/or 2) allow you to create an income stream to your favorite charity with a remainder of funds going to your family beneficiaries.

If you have highly appreciated assets and interested in income tax planning with those assets, reach out to us to discuss different charitable vehicles available to you. If you would like to make charitable planning a part of your estate plan, we can help you every step of the way. Get in touch with us to schedule a meeting where we can go over your desires for your charitable giving, and get it taken care of right away so you don’t have a thing to worry about. We can be reached by dialing 516-308-0528 today.

Estate planning is a process that should ideally start when you are still fairly young, and continue throughout your life. For most people, the first step is having a simple Last Will and Testament put in place, and then from there, add additional options over time. As your estate grows and evolves with you and your family, you will need to have trusts in place to help avoid probate, ensure privacy, prevent contest, protect your assets, minimize expenses, and minimize/defer death tax exposure. Learn more about Wills and trusts to see what type of testamentary planning you may benefit you and your family.
Trust is a legal entity in which you can place certain assets to accomplish specific goals. There are many different types of trusts, each used for different purpose. The following is the most common type of trusts:
Revocable Trust – This is a trust that you can make changes to at any time, or even be revoked the trust entirely. It is used for testamentary planning to avoid or ease the process of probate.
There are many other types of trusts to consider based on your specific circumstances, goals and needs. Whether you need to have a Will created, a trust created, or both, we are here for you. Please contact us at 516-308-0537 to speak with an attorney and get the estate planning help you need.

At Estate Planning Attorney we work hard to provide our clients with the best trusts and estates representation in New York. We focus on estate planning and administration services, as well as business planning and business succession representation.Whether you need a simple estate plan, help creating infrastructure for your business, looking for an effective and flexible business succession plan, or need a sophisticated estate planning, we can help you with every step of the way. We want to partner with you and your advisors today and long into the future to help ensure that your planning evolves with you, your family and your business.