Our Estate Planning Attorneys Will Help You Prepare For The Future
There is an old saying that the only things in life that are certain are death and taxes. This statement could not be more true — we all pass on eventually, and the government will collect what they are owed. Proper estate planning provides individuals the opportunity to prepare for these two inevitabilities, including limiting the amount of taxes they owe upon death and dictating their final wishes to their loved ones.
Our Attorneys Truly Care About You
At Joseph N. Yamaner and Associates, we help people from all walks of life prepare strong, executable estate plans. Our attorneys have a passion for helping New York residents draft wills and establish trusts that best serve their needs. We will take the time to learn about our clients’ needs, wishes and goals as we educate them on the options they have available. We are always available to answer questions and firmly believe that our clients deserve an attorney who truly cares about their situations.
What Goes In A Will?
A will is the most basic tool used in estate plans, but it is also one of the most important. A valid, executable will is able to go through the probate process to tell your family and friends how you wish your assets to be distributed upon your death. It also helps to avoid conflict between family members down the road who might otherwise challenge what your final wishes truly were. Items commonly found in a will include:
- The date the will was drafted and verified by the decedent and his or her witnesses
- The name of a personal representative or executor
- The name of a person who will act as a guardian for minor children
- How assets are to be distributed among beneficiaries
- Instructions to pay final debts and taxes
The attorneys at Joseph Yamaner and Associates also help people create living wills. Living wills are documents that convey a person’s wishes regarding medical treatment should he or she become unable to do so him or herself.
Revocable And Irrevocable Trusts
Another tool you might consider including in your estate plan is a trust. There are many forms of trusts available, each with their own advantages and disadvantages. The lawyers at Joseph Yamaner and Associates will discuss the benefits and drawbacks of each during your initial consultation before deciding whether one is appropriate for your situation.