Wills and Trusts Estate Planning Attorney Serving Westchester County, and New York City
Being prepared for when we are elderly and ultimately our death is crucial. It is estimated that 60% of Americans do not even have a will or advance directives in place. At a minimum, we should all have a will and advance directives (living will, health care proxy, and power of attorney) in place. These documents will alleviate many complications and concerns at difficult times in life. Working with a wills and trusts estate planning attorney ensures these essential documents are prepared properly and reflect your wishes.
Your will sets forth how your assets should be distributed to loved ones and appoints a trusted person to oversee your estate. An experienced estate planning attorney can help ensure your will is legally sound and clearly outlines your intentions.
The advance directives state the type of medical care you should receive (i.e., feeding tube, respirator, pain medication, DNR, methods of resuscitation). In the event you can no longer make decisions, an advance directive appoints a trusted individual to make medical decisions for you and grants a trusted individual the power to manage your finances/assets if you are incapacitated. Consulting a wills and trusts estate planning attorney helps ensure these decisions are documented accurately and lawfully.
Having these important documents is essential and will make things a lot easier during the emotionally traumatic times of losing a family member or having an ill family member who cannot make decisions for themselves.
In addition, many of us have worked tirelessly throughout our lives to save money and build financial assets. An estate plan may help keep your assets within your family to provide for them and future generations, provide financial assistance for minor children or loved ones with special needs, and protect assets from creditors, recipients’ spouses, and other third parties. An experienced estate planning attorney can also help structure plans that reduce estate taxes and prevent unnecessary court involvement. In addition, an estate plan may also help you save on estate taxes, which translates into a bigger inheritance for your loved ones, and may also prevent the asset freeze that occurs when the Surrogate’s Court is overseeing the estate.
Whether you need a simple will, a complex estate plan, or administering an estate or estate litigation, we are here to help. We will work closely with you to ensure you understand the various available options.
Our estate planning attorney has represented clients in various types of Wills, Trusts & Estates matters, including, but not limited to, the following:
Wills, Trusts & Estates
Wills
Advanced Directives
Wills
Health care proxy
Power of Attorney
Administering an Estate
Probate
Administration
Estate Litigation
Accountings
Guardianships
Will contests
Estate Planning
Testamentary trust pour-over will
Supplemental needs trust
Revocable trust
Irrevocable trust Medicaid trust
Trusts for minors
Irrevocable Life Insurance Trust
The estate planning attorney at James G. Dibbini & Associates, P.C. has over 20 years of experience in Wills, Trusts & Estates. Our focus is on understanding our clients’ needs and goals. In this important process, our clients are as much involved in the drafting and implementation of their will documents and estate plan as we are.
In order to learn more about how we can assist you with your Wills, Trusts, and or Estate matter, please feel free to contact us directly.
Why Choose an Estate Planning Attorney in Yonkers Who Listens?
Working with an experienced estate planning attorney means having guidance tailored to your personal goals. Estate planning can help preserve family assets, provide for minor children or individuals with special needs, and reduce exposure to unnecessary taxes or court supervision.
FAQs
1.What is included in an estate plan?
Wills, trusts, power of attorney, and health care directives.
2.Do I need a will if I have a trust?
Yes, a will often supports and complements a trust.
3.When should I create an estate plan?
As soon as you have assets, dependents, or specific wishes.
4.Can estate planning help avoid probate?
Certain plans can reduce or eliminate probate involvement.
5.What is a power of attorney?
It allows someone you trust to manage finances if you are incapacitated.
6.Are trusts only for high-net-worth individuals?
No, trusts can benefit many families and situations.
7.Can my estate plan be updated later?
Yes, plans should be reviewed after major life changes.
8.What happens without an estate plan?
State law controls decisions, not your personal wishes.
