Estate Planning in Long Island | Suffolk | Nassau | New York
Everyone has an estate. Your estate is composed of your home, car, bank accounts, real estate, and any other assets you have accumulated over your lifetime. Taking the time to prepare a plan for your estate and disability, should it occur, gives you the opportunity to control what happens to your assets after your either die or are deemed incapacitated.
Estate Planning in New York
Planning for your estate involves not only naming who will receive your assets, but also how you will allocate these assets with the least amount of legal fees, taxes, and costs. Failing to create an estate plan will result in dying ‘intestate,’ and your possessions will be distributed based on state law. Rather than allowing New York law to distribute your hard-earned possessions, consult with an estate planner who is also certified in New York elder law to execute your decisions regarding your property.
For more information on estate planning visit the Estate Planning FAQ page.
Planning for Disability
Disability planning involves executing a plan for long term care should you need assistance later in life. This plan includes not only preferences on the type and location of care (i.e. at home vs an assisted living center) but also how to pay for this service (i.e. private pay, Medicaid, or long-term care insurance).
Disability planning usually requires detailed knowledge of the law and rules of eligibility for benefits, all of which the certified New York elder care attorneys are versed in at Makofsky & Associates. Our attorneys can supply you with an estate planning checklist to guide you through the intricacies of estate law in New York. For further information on disability planning please refer to our Disability Planning FAQ page.
For more information regarding estate and disability planning, click on one of the following topics below:
- Wills vs. Trusts
- Revocable and Irrevocable Trusts
- Tax Planning
- Retirement Trusts
- Estate Planning FAQs
- Special Needs Planning
- Power of Attorney
- Health Care Proxies
To discuss estate and disability planning with a certified elder law attorney, schedule an appointment with a lawyer at Makofsky Law Group, P.C. by calling (516) 228-6522 or by contacting us online.
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LOCATED IN GARDEN CITY, NEW YORK, MAKOFSKY LAW GROUP, P.C. (formerly Makofsky & Associates, P.C. formerly Raskin & Makofsky, LLP) HAS SERVED CLIENTS IN AREAS INCLUDING LONG ISLAND, NEW YORK CITY, MANHATTAN, QUEENS, BROOKLYN, BRONX, WHITE PLAINS, MINEOLA, HEMPSTEAD, LEVITTOWN, MASSAPEQUA, BETHPAGE, SYOSSET, OYSTER BAY, GLEN COVE, PORT WASHINGTON, MANHASSET, GREAT NECK, WOODMERE, VALLEY STREAM, ELMONT, FLORAL PARK, FLUSHING, KEW GARDENS AND FOREST HILLS, NEW HYDE PARK, EAST MEADOW, PLAINVIEW, Merrick, Westbury, Long Beach, Oceanside, Franklin Square, Huntington and Rockville Centre.
Attorney Advertising: Information contained in this website may be considered attorney advertising. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.
*Certified as an Elder Law Attorney by the National Elder Law Foundation as approved by the American Bar Association. Certification is not required for the practice of law in the State of New York.