From New York Legacy Lawyers by Yana Feldman & Associates PLLC - In this episode, we delve into the Three Fundamentals of Estate Planning in NY, as outlined in our recent article. If you're a resident of New York and want to secure your family's future, understanding these key estate planning elements is crucial. We'll explore the significance of consulting an experienced estate planning attorney in New York, who can provide you with tailored guidance throughout your journey.
Guardianship provisions, a critical component of estate planning, are discussed in detail. We explain the legal requirements in Brooklyn, New York, and why including these provisions in your will is essential for the well-being of your children in case the unexpected occurs.
Trusts, another key aspect, are a powerful tool to protect your assets and ensure they are distributed according to your wishes. We share a real-life example of how John and Kate used trusts to safeguard their legacy, and we'll introduce you to various trust types that might suit your unique situation.
Lastly, we emphasize the importance of a well-drafted Last Will and Testament, highlighting how it eases property transfer and minimizes tax burdens for your loved ones. We also touch on the distinction between a living will and a last will and testament, shedding light on their respective roles in your estate plan.
Join us as we break down the complexities of estate planning in New York and equip you with the knowledge you need to protect your assets and provide for your family's future.
New York Legacy Lawyers by Yana Feldman & Associates PLLC | Estate Planning Attorney
132 32nd St #301, Brooklyn, NY 11232, United States
(718) 713-8080
https://www.google.com/maps?cid=16408561942605909937
