Long Island Estate planning attorneys at Mark S. Eghrari & Associates, PLLC provide a way array of different services. Our legal team provides you with help doing far more than just creating a last will and testament. Many people have misconceptions about the type of help that estate planning attorneys can provide and so they wait until they are old to talk with an experienced attorney or they don’t get legal help at all and instead try to handle the creation of their estate plan on their own. Doing either of these things is a mistake that could cost you money and could leave your loved ones unprotected.
Mark S. Eghrari & Associates, PLLC will help you to ensure that your plans for the future are as comprehensive and detailed as necessary to protect yourself, your property, and your loved ones. With the wide array of estate planning services we can offer you, you will be prepared for anything that comes your way in the future. Give us a call today to find out about all of the help that our Long Island estate planning attorneys can provide to you. You can also read on to learn about some of the many key services that our firm can offer.
Estate Planning Attorneys Help With Asset Protection
Estate planning attorneys can help you to keep your wealth safe throughout your lifetime. We assist you in identifying the types of risks that could cause loss. This could include lawsuits against your business; creditor claims; irresponsible heirs or beneficiaries; high estate tax bills; substantial nursing home care costs and more.
We’ll do a personalized risk assessment with you and work with you to create and implement the right plan, such as incorporating or forming an LLC; using trusts or purchasing long-term care insurance. Every plan is customized to make use of the best legal tools to reduce the specific risks you face to your wealth.
Estate Planning Attorneys Help Make Sure Your Kids are Provided For
If you have children, you need an estate plan in place to ensure they have the right guardian and the right financial support if something happens to you and you cannot raise them to adulthood. You do not want the court deciding who should raise your kids if you can’t, and you also do not want your kids to be in the middle of a battle over custody if something happens to you. Making an advanced plan allows you to avoid that, select the best person to raise your kids, and make a plan to provide for them financially even if you can’t be there to raise them.
Estate Planning Attorneys Help With Incapacity or End of Life Issues
Many issues could arise towards the end of life, including questions about what kinds of medical care you want and whether extraordinary measures should be used to save or extend your life. Making an estate plan can help you to address these issues in advance so you get exactly the care you want and so you spare your family from a difficult situation. You can also make an incapacity plan to ensure that your assets are managed carefully and your decisions are made by a trusted person in case you cannot act on your own.
Estate Planning Attorneys Help You to Leave Your Desired Legacy
We provide assistance in determining the best way to transfer assets and in implementing a plan to facilitate the timely and low-cost transfer of wealth. We can help you to use tools like trusts, pay-on-death accounts, gifting during your lifetime, and joint ownership to make sure your heirs or beneficiaries inherit the maximum amount of money and property quickly. We can also help you to take control over the way an inheritance is used and to address the special needs of heirs or beneficiaries, such as disability status or financial irresponsibility.
Getting Help from Long Island Estate Planning Attorneys
Long Island estate planning lawyers at Mark S. Eghrari & Associates, PLLC can provide assistance with all of these key issues. Our firm can also help you with many other steps that you need to take to protect your future, including making a retirement plan or a business succession plan. The services that we offer are customized to you and our legal team will work closely with you to understand what your goals are and to make the most effective possible use of legal tools to accomplish those goals.
To find out more about how our legal team can assist you with all of your estate planning needs, whatever your age or life stage, join us for a free seminar. You can also give us a call at (631) 265-0599 or contact us online at any time for help.