Huntington Estate Planning Attorney
Wealth Management & Estate Administration
The town of Huntington is one of the ten towns located in Suffolk County, New York. Originally founded in 1653, it is located on the north shore of Long Island and is a part of the New York metropolitan area. Some of the major employers in town include Newsday, Huntington Hospital, Arrow Electronics, and Accretive Solutions. With numerous notable schools, many individuals enjoy settling down and growing a family in Huntington.
Whether you need assistance crafting an estate plan, or if you are a personal representative such as an executor or a trustee who has been appointed to manage an estate, the Law Offices of Steven M. Adler, PLLC can provide you with knowledgeable advice and personalized legal representation. At the core of an estate plan is the will; however, the will is only the foundation of a good estate plan.
For personalized legal assistance with your estate plan, get in touch with the Law Offices of Steven M. Adler, PLLC today!
A legally sound and equally effective estate plan should be able to:
- Appoint an executor to administrate your estate
- Appoint a trustee to manage a trust
- Name a guardian for minor children
- Plan for incapacitation by appointing an agent to make health care and financial decisions when you're no longer able to
- Minimize tax consequences on your beneficiaries and your estate
- Provide directions for distributing your assets to who you want, when you want
- Plan for long-term care (Medicaid Planning)
Huntington Probate Lawyer
After an individual dies, their estate will be probated if they left behind a will. With probate, an executor, the person named in the will, is appointed by the court to settle the decedent's estate. If there was no will, then an administrator shall be appointed and an administration will ensue. When the decedent had a trust, his or her estate will go through trust administration; however, probate still may be necessary if the decedent failed to move all assets into the trust.
As an estate law firm with over 30 years of experience, we can assist personal representatives (executors, administrators, trustees) with the estate administration process. A personal representative has a large responsibility on their shoulders which often includes paying taxes, paying off creditors, selling real estate, providing accountings to the court, notifying beneficiaries, and essentially, acting in the best interests of the beneficiaries and the estate at all times.
Since estate administration is no small task, we offer complete assistance with all of the responsibilities involved with probate, administration and trust administration. We are here to advise you of all applicable laws and procedures and guide you through every step of the process. Since a large number of assets are involved in administrative proceedings, it's always important to enlist the services of someone who is experienced in estate law in order to avoid making any costly mistakes.
Contact us today to find out how estate planning can maximize the value of your estate; we're confident your loved ones will be glad you planned ahead!