Estate Planning Checklist
Far from being a task reserved for the wealthy, estate planning is a responsible and thoughtful way to protect your loved ones and your legacy, regardless of the size of your estate.
At Enea, Scanlan & Sirignano, LLP, our attorneys are the go-to source for estate planning and elder law needs for people throughout the Westchester and White Plains areas of New York. It really is never too early or too late to start making your estate plans, and we offer caring, personalized service to every client. Our lawyers’ over 150 combined years of legal experience have made them exceptionally good at their work.
What Should Be Included In Your Estate Plan?
Every estate plan can be different, but here are some of the basic elements that should always be considered:
- A will: This is the cornerstone of most estate plans. It outlines how your assets should be distributed after your death, names an executor to handle the job and can nominate guardians for your minor children, if necessary.
- Trusts: Trusts are powerful tools for managing familial wealth. They can help minimize estate taxes, avoid probate and allow you to direct how your assets may be used after your death. Special needs trusts can even be used to create some security for adult children with disabilities.
- Powers of attorney: These documents allow you to give someone you trust the authority to make financial and medical decisions on your behalf should you ever become incapacitated.
- Health care directives: These allow you to plan for situations in which you may not be able to speak for yourself, and they include living wills and other documents.
Estate plans are endlessly customizable. It can be difficult to know exactly what your estate plan should feature without solid direction from an estate planning lawyer.
Let Our Team Help Secure Your Future And Give You Peace Of Mind
Whether you need a basic estate plan or you have concerns about how to protect your assets, we offer a sophisticated approach to estate planning. Contact our lawyers at Enea, Scanlan & Sirignano, LLP, online or by calling 914-269-2367 today to schedule a consultation.
