Elder Law, Estate Planning & Administration

Having a Will alone may not be sufficient estate planning. As real estate values rise and Congress and state government change estate tax and Medicaid eligibility laws, it is imperative that families prepare for their future and begin planning earlier than ever before. The attorneys at Lynch Legal Associates work with clients to prepare comprehensive estate plans using insurance, life estates, trusts, credit shelter trusts and other techniques to help ensure Medicaid eligibility and minimize tax liability.

When a person dies with a Will, it is probated in Surrogate’s Court. When a person dies without a Will, the state’s intestate laws will distribute a person’s assets in accordance with a formula based on what the typical person may have done with their assets. The firm handles all facets of probate and estate administration, including preparation of State and Federal estate tax forms, protecting the interests of the fiduciaries, Surrogate’s trial practice, and accounting submissions.

 

 

 

Long Island, New York Elder Law, Estate Planning & Administration Attorneys