We advise individuals and business owners in planning for their estates. Our focus is to develop an understanding of our client’s goals, financial and tax positions and family relationships, and then develop a plan to achieve those goals. That plan may include matters which will be implemented during one’s lifetime (such as making certain gifts or creating trusts) and after death. To do that, we prepare Wills, revocable trusts, various types of irrevocable trusts (including life insurance trusts), durable powers of attorney, health care proxies, standby guardian designations and designations of agents for the disposition of remains.
We also assist with the probate and administration of an estate after an individual’s death. This includes probating the Will, assisting with the identification and gathering of assets, transferring assets into estate accounts, carrying out the provisions of the Will, any trusts and beneficiary designations, distributing assets, and assisting the client’s accountant with the preparation of any estate tax returns.
We can also advise families in which there is a family member with special needs and, in cases where a guardian is needed to manage that family member’s financial or medical responsibilities or other affairs, assisting with the guardianship process in the Surrogate’s Court.