New York City Estate Planning Attorneys
It’s hard to know when it’s right to begin an estate plan. But an estate plan represents steady, careful consideration for an uncertain future. This is an action you take now to ensure if something happens. And we can help.
At Eisenberg & Baum, LLP, we are dedicated estate planning attorneys for people in New York City. We use our understanding of New York law, and our care and compassion for our clients to develop comprehensive, effective estate plans. When you’re ready to get started, we’ll be here for you.
What Is Estate Planning?
Estate planning, as mentioned above, is planning for tomorrow. It’s setting up a comprehensive plan for your assets and care so that when you are no longer able to make decisions, your family and loved ones have a plan of action.
These are comprehensive legal documents, and with our guidance, you can make sure that all your goals for your family have a strong foundation.
What To Include In Your Estate Plan
An estate plan includes a large grouping of documents that go well beyond just a last will and testament. Your estate plan can include:
- Trust documents: An alternate way to transfer assets to your loved ones
- Power of attorney documents: Providing a person with the ability to make financial decisions for you in case you are incapacitated
- A living will: An outline of your preferences for your care if you are unable to make a decision
- Beneficiary designations: A document that ensures all your insurance policies and retirement go to the people
- Asset inventory: A comprehensive list of all assets in your estate
These documents work together in your estate plan to provide a way forward for your executor and heirs.
When Is It Time To Update Your Estate Plan?
There’s no perfect time to update your estate plan, but many people do it when they get married, have children or lose someone close. Whenever there’s a big change in your life, it’s probably the right time to make some updates.
Get A Free Consultation To Us
Avoiding probate, saving money on estate taxes and providing stability: Are the goals of every estate plan. They’re our goal for you. All you need to do is call to learn how we can help you do it. Call us at 212-353-8700 or send an email using this form.