New York Asset Protection Attorneys
We help families and business owners preserve their assets and pass them along to the next generation through estate planning services. We serve clients throughout Long Island and New York City, including Nassau County, Suffolk County, Queens County and all other Buroughs in New York City.
Estate planning is more than just the transfer of money and assets to children and other loved ones after you die. A good estate plan goes much further. We will help you plan not only for the transfer of your wealth through wills and trusts, but also for the protection of your accumulated assets during times of incapacity. We create powers of attorney to enable trusted family members to retain control of your important assets to protect them from loss if you should become incapacitated. We also help clients write living wills and health care directives. These documents allow you to determine, while you are still healthy and competent, what steps should be taken to sustain your life should your health deteriorate. For your beneficiaries, we can create trusts so that the wealth you pass on to them is protected from bankruptcy, divorce, judgments, and unforeseen circumstances.
We focus on providing a personalized estate plan that is tailored to your family and your financial circumstances. Your estate plan should grow and change with you as your circumstances change. We can help you set up guardianships and conservatorships to plan for the care of loved ones after you die.
Estate Planning / Probate & Estate Administration
We can help small business owners plan for the next generation of business ownership by creating family limited partnerships and family LLCs. These legal documents allow for the transfer of family-owned business interests to children without the necessity of going through probate. Family limited partnerships and family LLCs documents may help minimize tax consequences and also spell out management plans and ownership transition plans for the business.
We also represent many clients in probate and administration proceedings, paying legitimate bills and expenses and distributing the remainder of the estate according to the law or the terms of the decedent's will. Good legal advice and guidance can expedite the probate and or administration process, prevent costly errors, and protect the executor or administrator from being sued.
Call us at (516) 248-0880 for a free initial consultation.
