Skilled Legal Help with Estate Planning Attorneys in New York City
An effective estate plan guides you, your family, and your finances safely into the future.
As an established law firm serving communities in New York, Lissner & Lissner LLP provides custom strategies and solutions to protect your financial picture and carry out your financial goals.
Estate planning is more than ensuring your family pays as little tax as possible when you pass. A good estate plan safeguards your wealth, employs tools and trusts to ensure family members receive the benefits you wish, and it can even help an adult child avoid losing their inheritance if a marriage ends.
Estate plans are important at any age. All persons over the age of 18 should create an Advanced Directive to allow those you love to make healthcare decisions on your behalf if you are incapacitated by injury or illness. If you pass away without a valid will, your assets and estate will be distributed by the state through a potentially lengthy probate process. A well-crafted estate plan is good for wealth, health, and the future. Our estate planning team can help.
An estate plan that responds to your unique circumstances, needs, and wishes
Our law firm has worked for decades to create estate and trust plans to ensure the assets and wealth of our clients are protected and transferred as they wish. As trusted family attorneys, most of our clients arrive through referral from former clients, social workers, respected attorneys, and other professionals.
Just as each individual is unique, so is their estate plan and their personal wishes for their estate and the assets they have inherited or built over a lifetime. We work closely with you to understand your needs and wants, and develop an estate plan that reduces the time and cost of estate administration while carrying out the decisions you make.
Not everyone uses the same tools and trusts in their estate plan, but some instruments we will discuss with you include:
- Wills: Your will records your final directions and wishes. A will is a legal document that must reflect the laws of the state in which it is made in order to be valid. Your will identifies your executor, where and how your wealth will be transferred, and other details, including the desired guardianship of minor or special needs children. An invalid will can be challenged or set aside, which means your last wishes will not be carried out as you planned.
- Trusts: A trust is created through a trust agreement. There are different types of trusts that you and your attorney may review to best serve your needs. A trust can transfer wealth to another person to allow them to administer or receive the wealth through the protected structure of a trust.
- Advanced health care directives: Along with Powers of Attorney for financial and health care decisions, your Advanced Directive lets you make your own end of life care decisions. If you become incapacitated, your health care proxy carries out your wishes, often providing comfort to your family knowing that the decisions were yours.
An estate plan provides stability and comfort knowing important decisions will be carried out. Too often people put off creating a will, or estate plan, leaving their families to endure further difficulty and financial challenge when loved ones pass away without a plan in place.
Trusted legal help in New York to create the estate plan you want
From offices in Manhattan, Lissner & Lissner LLP serves clients in Florida, New Jersey, and New York. Call us at (212) 307-1499 or contact us to discuss your concerns and help you get started with a personalized estate plan today.
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