It’s the perfect time to think about some (realistic) New Year’s resolutions for 2023. Developing or reevaluating your estate plan may not seem all that glamorous, but it serves as an achievable and important long-term goal for you and your family.
Did you know?
- You can put your adult child’s inheritance in a trust that will allow the him or her to have access to the trust assets but also shield those same assets from creditors, a divorcing spouse, or potentially crippling medical costs.
- Proactive planning can help protect your assets from Medicaid's "spend-down" requirements, while also maintaining eligibility.
- There are tools that will allow your assets to pass immediately to your beneficiaries without having to face probate court.
Without a carefully executed estate plan, your family is often left with a mess of confusion, disputes, and bloated estate taxes. Our role as estate planning attorneys is to educate you about the various planning possibilities and to challenge any assumptions you may have about this invaluable process.
We invite you to explore a few of the firm's recent Estate Planning blogs below, all crafted by BSF&B Partner Richard J. Shapiro, Esq., a Certified Elder Law Attorney and a member of the Council of Advanced Practitioners for the National Academy of Elder Law Attorneys.
If you have not yet created an estate plan, there’s no time like 2023! Making an estate plan is very important, but so is keeping it updated throughout your life. Call 845-291-0011, or fill out the form below, for professional help with your 2023 estate plan.
Request an Estate Planning Consultation
2nd Edition
SECURE YOUR LEGACY:
Estate Planning and Elder Law for Today's American Family
By Richard J. Shapiro, J.D., CELA, CAP
“I was honestly very pleasantly surprised at how helpful this book was, particularly because I thought my wife and I were all set with our end-of-life paperwork. There were so many things we hadn’t considered that I know now we definitely need to update/expand our plans.”
