Not everyone takes the time to develop an estate plan. But everybody does, in fact, have one. How is this possible? Because if you don't create an estate plan, the IRS and the state in which you reside will simply make one for you. And, to put it delicately, the government is not exactly focused on minimizing taxes or looking out for the best interests of you and your loved ones. The fact is, developing your own estate plan is one of the most important financial decisions you will ever make. Every person should have one-and should have it created by attorneys who concentrate on estate planning.
The Law Office of Bennett Braverman, PC is dedicated to helping individuals and families do just that. The estate plan we create for you will protect your hard-earned assets. Use the tax laws to utmost advantage so you pay minimal, if any, tax. Ensure your children's inheritance, and even more importantly, enable you to pass on your values, life lessons and wishes to future generations. The plan will also provide for a smooth and profitable 'exit' if you own a business. In short, it will protect you, your family and your legacy.
Even if you already have a plan, chances are we can make it significantly better. The fact is, an outdated or inadequate plan is worse than no plan at all. After all, laws change. People do, too. They get married and divorced, have children, develop financial problems like bankruptcy or personal problems such as substance abuse. They move, buy and sell houses, even receive inheritances. Change is a part of life. To be truly confident your needs and those of your family are taken care of, your estate and other asset protection plans must change as well. We recommend to our clients that they have us review their plan every Three to five years. It is part of our commitment to the long-term well-being of our clients and their families.
Here are just some of the estate planning services we provide:
- Traditional estate planning, including wills, revocable trusts, powers of attorney, and health care directives
- Advanced estate planning, including irrevocable life insurance trusts, gifting programs, dynasty trusts, generation-skipping trusts, and advanced tax planning
- Probate and trust administration
- Charitable planning, including private foundations and charitable trusts
- Pre-nuptial agreements
- Domestic partnership agreements
- Special Needs Trusts