Quenns probate lawyer
Mr. Spivack offers Free Consultations for first time clients. To schedule an appointment at my Forest Hills office, call 718.544.1000 or contact online.Richard Cary Spivack is conveniently located in Forest Hills on Queens Blvd. near Union Turnpike.
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Why Is Estate Planning Important? www.queens-probatelawyer.com
Introduction Estate planning is important for any individual who wishes to safeguard their property and see their legacy transferred effectively. The following are some of the most important reasons why estate planning is important:
1. Protects Your Loved Ones Without a proper estate plan, your family may face legal complications, financial hardship, and emotional distress. A well- structured plan ensures your loved ones receive their inheritance without unnecessary delays or disputes.
2. Avoids Probate Complications Probate can be a lengthy and costly process in New York. An estate planning attorney can help minimize probate- related issues by structuring your estate in a way that allows for smooth asset distribution.
3. Minimizes Estate Taxes New York imposes estate taxes on large estates. Without proper planning, your heirs could end up paying a significant portion of their inheritance in taxes. A skilled estate planning attorney in New York can develop tax- saving strategies to preserve more of your wealth.
4. Ensures Your Wishes Are Honored Estate planning allows you to specify exactly how you want your assets distributed. It also lets you assign guardianship for minors and make healthcare decisions in advance through directives like a living will or power of attorney.
Get in Touch (718) 544-1000 contact@queens-probatelawyer.com www.queens-probatelawyer.com 118-21 Queens Boulevard, Suite 504 Forest Hills, NY 11375
