Estate planning is a comprehensive plan to pass your property on while minimizing tax consequences and reducing liability exposure in case of a catastrophic event. In short, this means your assets will be protected in the event that something happens to you.
Contrary to popular belief, estate planning is not just for the wealthy. Anybody who has a large amount of profitable assets should consider estate planning. Estate planning also can direct someone to make financial medical decisions on your behalf should be unable to do so.
Estate planning uses many tools and devises to accomplish your goals, including the following:
Legal Wills - including simple wills and pour over wills
Trusts - including revocable trusts, irrevocable trusts, living trusts, and charitable trusts
Living Wills and Healthcare Proxies - these devices deal with medical attention and decision making should you be incapacitated
Elder Law - including Medicare and Medicaid planning, and nursing home planning
Guardianships - for your children's care
Powers of Attorney - to give someone total or limited authority to make decisions on your behalf
Life Estates - to allow you or someone to be in possession of property or assets during yours (or their) lifetime, before being passed on to your designated heir
Eric Gansberg has been assisting clients throughout the Staten Island-New York City area with their estate plans for over twenty years. They understand your needs and can assist you in achieving your goals and analyzing the available tools to determine the best combination to allow you to achieve those goals.
Eric M. Gansberg is your #1 source for wills and living trusts in the Straten Island area including: Heartland Village, Livingston, and New Dorp. He has a solid record and experience to make sure your interests are met first! Choose Eric Gansberg for your attorney needs!
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