Comprehensive Estate Planning Strategies To Protect Your Assets

When it comes time to establish your estate plan, the most important goal is to protect your interests. In addition to creating a legacy for those who will follow you and safeguarding your end of life care issues, you want to protect your assets. It is important to create an estate plan that will hand off your wealth in a way that will minimize transfer costs and expenses. But this is no easy task. The do-it-yourself online will programs will not be able to help you achieve these goals like an experienced estate planning lawyer can.

At The Kelly Law Group, P.C., we believe that, while drafting a simple testamentary will is a start, it is not enough to cover the full range of one’s estate planning needs. There are many benefits of a broad-based estate plan that is drafted to help you meet your goals. Attorney Mary K. Kelly has an expansive, thorough knowledge of all the instruments available to create a comprehensive estate plan. Our legal team will take the time to look over your portfolio, listen to your goals and create a strong estate plan that will meet your needs.

Creating Your Estate Plan

Attorney Kelly helps families at any stage of life plan for their future security by create estate plans that integrate:

  • Wills: A will is the guiding foundational document of most estate plans. It generally transfers basic assets and organizes the other estate planning instruments.
  • Trusts: Compared to a will, a trust is a much more complicated transfer instrument, but it is also much more versatile and allows you to transfer funds with much more control over the details. There are trusts for all kinds of transfers, including living trusts and irrevocable trusts. Just tell us what you want to do, and there is a good likelihood that there will be a type of trust that will allow you to do it.
  • Powers of attorney: A power of attorney is a legal instrument that names an agent to handle some of your affairs for you if you cannot handle those matters on your own, and it transfers the authority to do so. Powers of attorney and related agency transfers can be named in living wills, guardianships, financial guardianships and related legal instruments.

Whether your planning needs are simple or complex, involve concerns about blended families or are required to assure the security of vulnerable adults, we can help you find the right combination of strategies and the legal instruments necessary to put them into place under New York law.

Contact Us

Call (631) 933-1655 or contact us online to discuss your estate planning goals with an experienced New York attorney.