Will & Trust Estate Planning Attorney & Lawyer Suffolk County
Wills And Estates Planning Suffolk County, NY
Trust and Estate planning is crucial in keeping your belongings safe and helping your family. You don’t have to be of a certain age, feel healthy, or have a certain amount of money to ensure a good estate plan. At 30 or 70 years old, it’s always the right time to start planning for what’s coming next.
The Law Offices of Shawn R. Kassman helps people and families in Suffolk County, Nassau County, throughout Long island and surrounding areas such as Bayshore, Oakdale, Sayville, Riverhead, Port Jefferson, Brentwood, and Holtsville who are looking for Will & Trust Estate Planning Attorney Suffolk County. We are situated in the heart of Central Islip, so we can best help clients Will & Trust Estate Planning.’
Our team of trust and estate planning attorney Suffolk County, Nassau County , Long Island, works in concert with you to ensure your estate plan covers how to share your assets and choices about your medical care and guardianship. We are a trust and estate planning lawyer Suffolk County and Nassau County with years of experience and will help ensure your wishes are written down clearly and can be legally upheld
What Does Estate Planning Suffolk County Include?
An estate plan is more than a will. It is a complete plan that addresses your personal, money, and health-related matters so that your family and belongings are taken care of if you cannot care for them yourself. Some important parts of an estate plan that we help our clients put into place at our Suffolk County and Nassau County, Long Island trust and estate planning and wills planning law firm include:
- Wills and Living Trust
A will is a legal document that details how one would want his or her property to be distributed after death. A wills planning attorney in Suffolk County and Nassau County, Long Island, would help in drafting an explicit will for an individual. A living trust, on the other hand, provides an opportunity to transfer property ownership to a trust, yet not before death and settlement of an estate through a long and costly probate process. Having a trust and estate planning attorney in Suffolk County, Nassau County, and Long Island can ensure that both wills and trusts are appropriately set up to handle asset protection and retainment for loved ones. - Medical Power of Attorney Health Care Proxy
This declares to whom you would like such decisions made if you cannot communicate your wishes. A health care proxy will explain your desires regarding end-of-life care and give clear instructions that doctors and your family have to follow. - Powers of Attorney
A power of attorney lets you choose someone to care for your money or legal matters if you can’t. This might mean looking after your bank accounts, signing agreements, or making investment decisions as if the person was you. The individual giving the power of attorney, referred to as the agent, must trust the person thoroughly, as this decision could affect your financial well-being. A power of attorney ceases to exist upon the individual’s death. At any time, you can revoke a power of attorney as well. - Guardianship Designations
When you have young children, it is essential to select a guardian who will take good care of them in case you die. This ensures that your children are cared for by someone who shares your values and is ready to nurture them. - Revocable Trusts and Irrevocable Trusts
A trust can be set up as either revocable or irrevocable. The benefit of a trust is that, upon death, assets transferred into the name of the trust do not have to go through the court proceeding, saving time and money. It also protects your assets if it is an irrevocable trust. An irrevocable trust is particularly important for retirees with assets, as it can safeguard their property should they require extensive medical services. There is a five-year look-back period for governmental assistance, such as Medicaid, that may not be covered by existing health insurance. A trust allows individuals to qualify for Medicaid without losing all their assets, enabling them to pass on their achievements to their families. - Charitable Trusts and Remainder Trusts
For those interested in supporting causes, charitable trusts provide an opportunity to benefit your favorite charities while leaving useful or personal property to your beneficiaries. Institutional and charitable endowments offer another way to create a lasting legacy. - Specialized Trusts
Specialized trusts serve various purposes. Miller Trusts can aid with Medicaid planning. Bypass trusts help reduce estate taxes. Educational trusts assist with covering school costs for children or grandchildren. - Family Limited Partnerships and Business Succession Plans
Business owners often want to ensure the smooth continuation of their business after they are gone. A trust and estate planning attorney in Suffolk County, Nassau County, and Long Island can help you develop a strategy for transferring business ownership and assets through family limited partnerships while minimizing estate taxes. Working with an experienced trust and estate planning lawyer ensures that your business succession plan is properly structured to protect your interests and ensure a smooth transition.
Why Go For Estate Planning Suffolk County?
Many people don’t want to think about their death and thus often avoid estate planning as it puts them in an uncomfortable state of mind. On the contrary, making plans shows concern and responsibility. Creating an effective estate plan has a wide range of benefits, such as:
- Protection for Your Loved Ones
An estate plan ensures your family and loved ones are cared for after death. You can leave clear directions about sharing your belongings and avoiding fights and confusion in your family. - Cut Taxes and Expenses
It keeps down the costs of estate taxes, which significantly discounts the value of your estate. With some management, Trusts and legal tools help keep the costs relatively low, thus benefiting the intended beneficiaries of the estate the most. - Solved family disputes
Without a clear estate plan, your family may be involved in disputes over your assets. A detailed estate plan clarifies legal issues and helps avoid conflicts among your heirs during challenging times. - No probate
If you don’t have an estate plan, your estate might go through probate, a long and costly court process. Planning properly lets you skip probate and have your belongings given out quickly, according to what you want.
What makes “The Law Office of Shawn R. Kassman” special?
As a trust and estate planning attorney Suffolk County and Nassau County, we understand that estate planning is personal. That is why we listen to what you need and want, making a plan that suits you best. Shawn Kassman is a well capable trust and estate planning lawyer Suffolk County who helps each client ensure every aspect of their estate is secured.
Our trust and estate planning lawyer Suffolk County and Nassau County has the expertise and tools to craft any basic will or complicated estate plan, complete with multiple trusts and powers of attorney so that it is suitable to your needs.
There should always be a long-term connection between a law firm/ estate planning lawyer Suffolk County and Nassau County and its clients. As your life and situations change, our trust and estate planning attorney Suffolk County will maintain regular contact with you to have us revise your estate plan as appropriate since the circumstances around your family change or your money situation improves. When you need an estate planning attorney Suffolk County for wills or a trust and estate planning attorney Suffolk County, our guarantee is your peace of mind and safety.
Plan for the Future With The Help Of Estate Planning Attorney Suffolk County
It’s never too early to plan for your future. If you are starting to think about your estate or need to update a plan you already have, our estate and wills planning attorney Suffolk County And at the Law Office of Shawn R. Kassman is ready to help. Being a trust and estate planning attorney in Suffolk County, Nassau County and throughout Long Island, we proudly serve clients in Suffolk County, which includes Central Islip, Holtsville, Bayshore, Brentwood, Oakdale, Sayville, Port Jefferson, and Riverhead.
Other Practice Areas-
Let the Law Office of Shawn R. Kassman or our trust and estate planning attorney Suffolk County, Nassau County and throughout Long Island assist you in estate planning: proper planning assures and makes us confident that, should a loved one remain behind with our family life, they will be adequately taken care of as we would have wanted set in place or to take such an effect, and our legacy set in is safe and untouched. Discuss your matter concerning estate plans with our responsible trust and estate planning attorney Suffolk County today.
