Estate Planning - Westchester, Long Island & NYC

ESTATE PLANNING

ESTATE PLANNING - WESTCHESTER, LONG ISLAND & NYC

Estate Planning is the ongoing process of anticipating and arranging for the transfer of assets during a person's lifetime and the orderly disposition of assets to the rightful heirs upon the person's death.


Estate planning attempts to eliminate certain uncertainties that come with the disposition of assets no matter what your wealth. Estate planning attempts to reduce income and estate tax liabilities wherever possible and to attain specific planning goals like probate avoidance, trusts formation, guardianship, and incapacity planning. Estate planning, asset protection planning and Elder law planning to some degree overlap.


The key to any good estate plan is circumspection and ongoing planning that reflects the changes in your life, like death of a loved one, divorce, new or integrated family relationships, new partnerships including personal and business, large changes in your net wealth for whatever reason, retirement planning and moves from one state to another.


No matter what your needs, the Sampson Law Group is there for you to give you the guidance you need to make the right choices for your circumstances.

The continual process of anticipating and setting up for asset transfers during a person's lifetime and the equitable distribution of assets to the person's legitimate heirs after death is known as estate planning.


Regardless of your wealth, estate planning aims to remove some ambiguities that surround the distribution of assets. Estate planning aims to achieve specific planning objectives such probate avoidance, trust creation, guardianship, and incapacity planning in addition to reducing income and estate tax liabilities whenever possible. Planning for elder law, asset protection, and estates intersect to some extent.


Prudence and ongoing planning that considers life changes, such as the loss of a loved one, divorce, new or blended family relationships, new business partnerships, significant changes in your net worth for any reason, retirement planning, and moves from one state to another, are the cornerstones of any successful estate plan.


The Sampson Law Group is here for you, no matter what your needs are, to provide you with the advice you need to make the best decisions for your situation.

Share by: