Estate Planning Attorneys in Queens and New York City, New York
Estate Planning Attorneys in Queens and NYC Metro Area, providing Living Trusts, Wills, Probate, Health Care Directives, Trust Administration, Powers of Attorney, Advanced Estate Planning, Asset Protection services.
Helping Families Prepare for the Future
Thank you for joining us at the Davidov Law Group, P.C.’s Estate Planning Information Portal for Forest Hills, NY and its surrounding areas. We are here to provide you with the most up to date Estate Planning, Probate, Trust Administration and advanced Estate Planning information available. Our Queens NY Estate Planning lawyers can advise you on and assist you with all of your Estate Planning needs. There is more to Estate Planning than just leaving a Will. Find out the many benefits of a comprehensive Estate Planning.
Estate Planning is important to ensuring the preservation of your estate and legacy. Without an Estate Plan, there is no telling how your estate will be managed in the event you become incapacitated or pass away. Through the use of Wills, Living Wills, Trusts, Health Care Directives and Powers of Attorney, you remain in control over your finances under many situations. Your family’s future depends on savvy Estate Planning and our Forest Hills NY Estate Planning lawyers can help to ensure that they are provided for in the future.
Some of the most basic, yet most important Estate Planning documents are Wills and Living Trusts. A Will and Living Trust are great ways of communicating how your estate should be managed in the event you become incapacitated or upon death. Without these important Estate Planning documents, a court decides how your property will be managed. This could mean that unintended parties could become beneficiaries of your estate as deemed appropriate by the court. A Will and Living Trust can eliminate any uncertainty about your wishes even when you aren’t around to communicate them.
Probate is the court supervised process of executing the Will. If one passes away without a Will, the Probate court decides how your estate will be distributed. Probate is best handled with the assistance of a Probate attorney. Probate laws can vary from state to state, and can affect how the process will play out. Consulting an attorney about the Probate process is recommended.
Trust Administration is the process of administering the Trust per the Trust instructions. Some common Trust Administration duties can include notifying heirs, paying taxes and remaining debt of the Trustor, inventorying assets and distributing property as instructed. Consulting with an Estate Planning and Trust Administration attorney can make your job as Trustee much easier. An Estate Planning attorney can help lay out an easy to follow Trust Administration process as well as provide you with a Trust Administration checklist.
Our Forest Hills, NY Estate Planning law firm can create Irrevocable Life Insurance Trusts, Family Limited Partnerships, Charitable Remainder Trusts, Grantor Retained Incomes Trusts and Family Foundations. These advanced Estate Planning tools are used to minimize tax liability and maximize the potential to preserve more of the estate. You and your family can benefit from advanced Estate Planning strategies by increasing your ability to keep more of the wealth that you created in life. Find out more about Advanced Estate Planning strategies from one of our attorneys.