Estate, Trust, and Tax Planning
Estate and tax planning issues have taken on greater importance with recent changes in the tax code. We feel it is extremely important that all individuals have estate planning. Here on Eastern Long Island the value of local real estate has put many people in the position where they can be subject to estate and gift taxes. We would like to take the opportunity to discuss the elements of your estate, business and retirement assets. We emphasize the importance of having a current Will, Health Care Proxy, Durable Power of Attorney, and suggest that you complete our Family Document Checklist, which you can obtain from this link.
Our emphasis is on developing a proper strategy that will correspond to the current tax rules, minimize estate and gift taxes, and focus on preserving your assets.