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WE CAN NOW HANDLE YOUR NEEDS IN FLORIDA • What Happens to Your Assets When You Pass Away? • How Do We Distribute Those Assets? • Do you need a lawyer? – Does a court need to beinvolved? • How to choose an elder Law Attorney? • What happens when you’re Incapacitated? • Who gets to make the decisions on your behalf?
New York Estate Planning Attorney • Our practice is dedicated to helping families • Deal with these difficult and emotional issues • Firmly committed to the belief that proper planning now. • Litigation playing field is not level • Cost of defending lawsuits
New York Asset Protection:1) Protecting our Wealth • Estate planning is not just planning for transfer of our wealth at death • We should plan for our own care • This requires planning for our disability • It also involves planning in case we are sued • If you are successful, you become a target for lawsuits • Our legal system encourages new legal theories allowing for plaintiffs to recover
ESTATE PLANNINGWhat is Estate Planning? • The simple act of writing down a set of instructions as to what you want to happen to yourself and your assets when you’re incapacitated or after you pass away.
ESTATE ADMINISTRATION & PROBATE • When a loved one passes away the assets left behind can only be legally transferred to the beneficiaries in certain ways. • If there is no estate plan, the person dies “intestate”.