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Estate Planning Attorney
Estate Planning

Is My Lost Will Useless?

Is My Lost Will Useless in New York? Losing a will can be a significant concern for anyone involved in estate planning or administration. In

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Estate Planning
Estate Planning

Battling Against Deportation

Battling Against Deportation: A Comprehensive Guide Deportation can be a frightening prospect, particularly in a city as diverse as New York. Understanding your rights and

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estate planning
Estate Planning

Missing Or Deceased estate?

Navigating Missing or Deceased Estate Issues When a beneficiary is missing, or an estate owner passes away without clear directives, handling the estate can become

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Probate Attorney
Estate Planning

The Need-To-Know: Probate Litigation

The Need-To-Know: Probate Litigation in 2024 As we approach 2024, the landscape of probate litigation in New York continues to evolve. Understanding these changes is

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Estate Planning
Estate Planning

The Top Secrets of Estate Accountings

The Top Secrets of NY Estate Accountings 2024 As we move into 2024, estate accounting in New York continues evolving, presenting challenges and opportunities. Understanding

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Morgan Legal Group Estate Planning
Estate Planning

ABC 9 GA WTVM | Morgan Legal Group

Understanding Estate Planning with Morgan Legal Group in New York City Estate planning is a crucial step for securing your financial future and ensuring your

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Will
Estate Planning

Is My Will Legit?

Is My Will Legit? Ensuring Your Will’s Legitimacy in New York Creating a will is a fundamental component of estate planning, but the looming question

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Probate
Estate Planning

The Mysteries of Probate Revealed

The Mysteries of Probate Revealed in New York The probate process in New York often seems shrouded in mystery, leaving many to navigate its complexities

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What is Probate in 2024
Estate Planning

What is Probate in 2024?

As the legal landscape continues to evolve, understanding the probate process in New York in 2024 is crucial for effectively managing estate planning and administration.

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Probate Lawyer Queens
Estate Planning

Probate Lawyer Queens

Why You Need a Probate Lawyer in Queens Probate can be complex and daunting, especially in the diverse and dynamic borough of Queens, New York.

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Estate Planning Attorney Brooklyn
Estate Planning

How Does Joint Ownership Work?

How Does Joint Ownership Work? Joint ownership, a common arrangement for co-owning property and assets, offers various benefits and complexities, particularly under New York State

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We can help you create the following estate planning documents:

Last Will

A last will and testament is a document expressing your last wishes. In this document, you lay down instructions on how you want your estate disbursed when you die. Our goal is to ensure your will:

  • Complies with state laws for validity
  • Contains the right terms
  • Does exactly what you want it to do
  • Addresses the right assets to avoid confusion and squabbles when you pass away

Living trust

A living trust also allows you to transfer property to whomever you wish, but without going through the costly and time-consuming probate process. Assets held in a trust pass outside probate. However, not all assets can or should go into a trust. We will advise you on what to include and what not to.

Power of attorney (POA)

 As you get older, there is always the fear of incapacity. It may be Alzheimer’s or dementia. It may never come. However, it is best to plan for such a situation. A power of attorney is a document by which you can authorize a trusted individual to make decisions for you when you are incapable of doing so yourself. This agent, known as your attorney-in-fact, will step into your shoes to manage your property, legally bound to act in your best interest always. There are different kinds of POA, and we will discuss and create only that which suits you. 

Medical power of attorney: you grant your agent powers to make only medical healthcare decisions. Here, your agent has no authority over your financial affairs.

Living will

Legally known as the New Jersey instruction directive, this document allows you to lay out your terms for the end of life treatment in a case where the quality of life can no longer be extended.  You can instruct that you should not be kept on life support, and your wishes will be honored when the time comes.

Benefits of Estate planning

There are several people out there who believe that they don’t need an estate plan, they believe that an estate plan is only for the wealthy. The fact remains that estate planning is for everyone and if you fail to plan your estate, you may be hurting your future and that of your family, inadvertently. Moreover, planning an estate comes with several benefits and below are a few of them:

  • Helps in the management of a person’s property in the event of incapacitation
  • Helps enable the proper and easy distribution of the deceased’s assets
  • Helps to safeguard beneficiaries
  • Helps reduce estate taxes
  • Helps reduce cost and prevent rhubarb
  • Helps accelerate the transfer of a person’s assets

Bottom line

Estate planning attorneys can draft an estate plan that makes everything easy for your family; no probate, no huge estate taxes or anything that can cause complications for them. We all hold our family at high esteem. In fact, one major reason why people create an estate plan very early is because of their family. You see, to create an estate plan that can protect your family, you need to hire a competent estate planning attorney.

Estate planning can be complicated; it is not one of those basic DIY tasks. If you fail to make a good estate plan, you may be risking the future of your family as well as properties. You need to hire an estate planning Lawyer Manhasset New York for your estate planning projects.

How an estate planning lawyer works

Estate planning lawyers are good listeners and want you to share your story with them, including personal ones so a balance can be attained between how your work life conflicts with your relationship life, family ties that keeps you in a benefactor position etc. All this information makes it easier for your estate lawyer to navigate you right through this crucial process.

Just as you shouldn’t hide anything from your doctor during health related consultation, you should also be completely open to your estate lawyer on what you want concerning your estate.

Contact an Estate Planning lawyer Buffalo NY today.

The city of Buffalo, NY, boast of several estate planning attorneys. However, to find the best you must be willing to dig deep. Well, you don’t have to do that anyway because we can provide you with the best estate planning attorney for your estate. Please, contact us so we can provide you with the best estate planning attorney for your estate.

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