Plan your legacy.
Your Last Will and Testament is one of the most important document in your life. It will determine what will happen to all of your worldly belongings and now is the time to plan and make sure your wishes are followed before you depart from this world. If you don’t have a Will, the State will decide what to do with your belongings regardless of what you want.
Our Will Planning services are unique. We provide you with Estate Planning advice and we can prepare a Trust or Living Trust for you so that most, if not all, tax liabilities are eliminated from your Estate. While most Estate Taxes have been eliminated by recent legislation, there is no telling how long such legislation will last as it can be changed at any time by Congress when they want to raise more money. It is always best to review the tax consequences in advance of making any Estate plans.
We also offer a wonderful device for accounting for everything you presently own so that those who are left behind will know where all of your accounts and policies are and where all of your important papers and jewelry are safe guarded. It is amazing how most people never consider this aspect of their lives and leave their loved ones hunting to find important documents or items that they cannot find because they’ve been too well hidden or have simply been lost.
We also offer a video-taping service of every will or trust signing. The purpose of this is to eliminate any later claims that you were under any coercion or duress when you signed your will. This has already saved a number of families hundreds of thousands of dollars by eliminating Will contests in Surrogate’s Court because a family member felt slighted by the terms of the Will.
Call us now at (516) 248-6600 for your FREE consultation.
Living Will and Health Care Proxy
A Living Will gives instructions to your loved ones on whether or not you want to be kept on life support if you become terminally ill or fall into a permanent vegetative state and will require life support to live. It can also give instructions on your wishes for tube feeding, hydration and pain medications and is only effective when you cannot express your wishes yourself. It can ensure the kind and quality of life you want for yourself.
A Health Care Proxy lets you appoint the specific person you want to make your health decisions for you if you cannot speak for yourself.
Power of Attorney
A Power of Attorney (POA) allows you to choose a person or entity to make legal decisions for you and to act on your behalf. You can grant your attorney-in-fact authority to act only on specific issues such as banking, financial and business transactions, life insurance issues, making gifts or settling claims just to name a few. You can also grant them broad powers to act on any legal issue for you. A Power of Attorney is a powerful document, consult an attorney to make sure your rights are protected.