Wills and Trusts Attorney on Long Island, NY
Helping You Accomplish Your Estate Planning Goals
Estate law allows you to manage your assets both during your life and after you die. With the proper planning and professional guidance, you can select beneficiaries, outline what each beneficiary will receive, designate a person to manage your assets and affairs after you die or become incapacitated, and even protect your assets from excessive taxes. Ultimately, estate planning provides the opportunity to convey your final wishes in legally binding documents.
At Robert H. Solomon, PC, we have years of experience helping clients accomplish their estate planning goals. We listen closely to each client’s current situation and future needs before developing a personalized strategy to protect what matters most.
Our Estate Planning Services
One of the most well-known legal devices in estate planning is the will. A will is a document that outlines instructions for the distribution of your money and property after you die. Although confronting your mortality in this way can be an emotional undertaking, completing the process sooner rather than later can grant you invaluable peace of mind. With a will, you can rest assured your loved ones will receive what they need.
A trust is another way to manage your assets and transfer ownership of properties. There are many different types of trusts, and the best choice will depend on your wishes and needs. The main difference between a trust and a will is that, while a will goes into effect when you pass away, a trust can take effect immediately.
During your estate planning process, our team can help you:
- Designate beneficiaries
- Select an executor/administrator
- Avoid probate, if possible
- Continue to ensure proper care for your dependents
- Avoid excessive estate taxes
- Establish a succession plan for your business
We understand that every person has unique goals and requires a personalized estate planning strategy. As such, we will take all the time we need to understand your current situation, your network of assets and beneficiaries, and your long-term goals.