When most people hear the term estate planning, many suspect it’s an indulgence reserved for the wealthy. But the truth is, anyone who has accumulated modest wealth can benefit greatly from an estate plan.
If you have worked and saved all your life, why tolerate unnecessary losses later in life or when you pass your holdings to your heirs?
Personalized Service for Your Legacy
At Cormac McEnery Law Firm, we are dedicated to helping individuals preserve the value of their life’s work, so they can enjoy a comfortable retirement, maintain their security in old age, and leave a proper legacy to their heirs.
We offer personalized estate planning service by learning about your circumstances and concerns, and craft a specific plan to meet your unique needs.
We offer personalized estate planning service by learning about your circumstances and concerns, and craft a specific plan to meet your unique needs.
The Basics of An Effective Estate Plan
Estate planning involves the creation of legal instruments that convey authority and hold assets. The right combination of instruments depends on your circumstances, but comprehensive estate plans contain:
A clear, concise will allows a testator to dictate how assets are to be distributed after the testator’s death.
Grantors can create legal entities to hold their assets during their lifetime or after their death.
You can grant proxy powers to relatives or friends to make decisions for your health, safety, and welfare.
You can place restrictions on the type of emergency interventions that medical professionals can use.
Legal means of limiting your exposure to taxes and liability, and ensuring eligibility for Medicaid assistance.
Start Estate Planning Today
At Cormac McEnery Law Firm, we get to know you and your concerns. Drawing on more than 45 years of legal practice, our NY estate planning lawyers can help you evaluate your personal circumstances, project your future needs and determine the best method of asset protection for your resources. We offer experienced counsel, personalized Service, compassionate representation.
To book your free consultation with seasoned estate planning at Cormac McEnery Law Firm, call us at (718) 885-1234 or submit this contact form. We look forward to helping you plan your estate and legacy.
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