Planning for your future and protecting your legacy requires thoughtful consideration and seasoned guidance. At Amoruso & Amoruso LLP, our trusted estate planning attorneys offer nearly 60 years of combined experience to help New York residents create comprehensive estate plans that safeguard their assets and provide peace of mind.
Whether you need to set up an estate plan or would like an attorney to review your current one, our law firm can help. Contact us today for a confidential consultation to learn more about estate planning in Greenburgh, NY and how to craft a plan that aligns with your goals and protects your loved ones.
What Is Comprehensive Estate Planning, and Why Is It Important?
Comprehensive estate planning creates a framework that protects your assets during your lifetime and ensures their proper distribution after your death. Without a well-structured estate plan, New York law determines how your assets get distributed, which may not match your wishes. A thorough plan also helps minimize tax burdens and prevents unnecessary court involvement in managing your affairs.
The Role of an Estate Planning Attorney in Greenburgh, NY
A trust and estate attorney guides you through the complex process of creating and maintaining your estate plan. At Amoruso & Amoruso LLP, our signature comprehensive estate planning service involves a thorough examination of your financial and personal situation to develop a holistic plan accounting for your current and future needs. It’s not just about wills and trusts — it’s about using valuable legal tools to protect your assets, preserve your wealth, provide for your heirs, communicate your healthcare wishes, plan for long-term care, and mitigate the tax consequences on your estate.
Common Estate Planning Tools
Comprehensive estate planning incorporates elements of estate law and elder law into one solid framework. It can include various documents like:
- Wills
- Trusts
- Advance directives such as a health care proxy and power of attorney
- Asset preservation planningLong-term care planning including Medicaid planning
- Estate, gift, and income tax planning
- Retirement planning
- Business succession planning
- Guardianship
- Charitable gifting strategies
At Amoruso & Amoruso LLP, we will evaluate your situation and offer guidance on which estate planning tools best meet your needs.
Common Estate Planning Mistakes to Avoid
Many people make critical errors when planning their estates, such as:
- Failing to update documents after significant life changes
- Not considering long-term care needs
- Overlooking tax implications
- Creating generic plans that don’t address unique family circumstances
- Neglecting to fund trusts properly
Working with our attorneys can help you avoid these and other common pitfalls.
Secure Your Legacy with Guidance from Amoruso & Amoruso LLP
At Amoruso & Amoruso LLP, our Greenburgh estate planning attorneys take pride in developing lasting relationships with our clients so that we can create estate plans that evolve as their lives change. Our attorneys, Michael J. Amoruso and Sreelekha Chakrabarty Amoruso, are respected leaders in New York estate planning and elder law and want you to take comfort in knowing you have a robust strategy in place to protect your legacy.
If you already have an estate plan, allow Amoruso & Amoruso LLP to give it a thorough review. We’ll identify any areas that could use revisions or corrections and advise you on options for improving it based on your goals. Rest assured that we will tell you if no changes are needed, and you can feel confident that your plan accomplishes your objectives. Contact us today to learn how an estate planning lawyer in Greenburgh can help you.
