As you age, how do you ensure that your wishes regarding the distribution of your wealth and possessions are truly carried out? Almost everyone can benefit from proper trust and estate planning, and should turn to an educated experienced attorney for informed legal advice on making these important arrangements for the future of your family.
At The Law Offices of Lawrence Israeloff, PLLC, we provide tailored estate planning and trust administration services. These include:
- preparing wills and trusts
- customized solutions that protect accumulated wealth
- tax-oriented planning for gifts and the disposition of assets at death
We understand that each client’s situation is personal and unique. By determining the client’s objectives in light of current laws and court decisions, the attorneys at The Law Offices of Lawrence Israeloff, PLLC create estate plans that meet our clients’ expectations, and achieve immediate and long-term tax savings.
We recommend that you revisit your will every time you experience a major life event, such as marriage, the birth of a child or other significant milestones. Even if there is no meaningful change in your life, it’s smart to review the document every couple of years to ensure it still addresses all your estate concerns and reflects your wishes. Changes in the value of your investments—such as a stock portfolio or real estate—may also require adjustments in your estate plans.
Reviewing your will may raise questions about various areas of your financial life, including your estate planning or other financial concerns. Be sure to turn to The Law Offices of Lawrence Israeloff, PLLC for the perspective and advice you need to make the best choices.
Additional legal services include:
- Business entity formation
- Partnership agreements
- Limited Liability Company operating agreements
- Stockholder agreements
- Buy-sell agreements
- Purchase and sale agreements
- Quarterly estimated tax payment calculations
- Future tax projections
Nothing But The Truth About Estate Planning, Probate, And Living Trusts
From a simple standpoint, many people initially think of an estate plan as having a will. On the more complicated end, some think of an estate plan as an elaborate arrangement only rich people need to plan who gets what out of their millions of dollars. Most people think estate plans only apply to the ultra-wealthy.
But no matter how large or how modest, everyone has an estate. Your estate is comprised of everything you own—your car, home, bank accounts, investments, life insurance, furniture, personal possessions. And just like the wealthy, you probably want to control, with the least expense, how those things are given to the people or organizations you care most about. That is estate planning—making a written plan in advance with instructions stating whom you want to receive the things you own after you die.
Estate planning is not just for “the wealthy.” Good estate planning often means more to families with modest assets, because they can afford to lose the least.
– excerpt from Nothing But The Truth About Estate Planning, Probate, And Living Trusts DOWNLOAD E-Book