At The Matus Law Group New York, we dedicate our practice to providing peace of mind through skilled estate planning and administration, special needs planning, elder law, Medicaid planning, and probate law advice. Our commitment is to protect your estate and secure your loved ones’ futures, drawing on our twenty-plus years of experience.
For consultations with skilled estate planning attorneys or asset protection lawyers in NYC, and to begin planning for your family's future, contact us today at (929) 412-1808.
You have diligently worked to build your estate and care for your family, including vulnerable members. Estate planning is essential not just for determining the heirs of your estate but also for ensuring the long-term care of your loved ones and yourself.
With the guidance and support of our seasoned New York estate planning attorneys, you can arrange for your future care and ensure your loved ones are provided for according to your wishes and legal standards. This planning allows you to face the future with confidence and leave your family without uncertainties upon your passing.
Estate planning involves challenging discussions about legal and tax matters, but these conversations are crucial. With thoughtful estate planning, you can look forward to the future knowing your loved ones will be well taken care of.
Estate planning at The Matus Law Group New York is more than just a series of legal forms—it's the culmination of a lifetime's planning, treated with the utmost respect and importance. We recognize the significant trust you place in us to design a customized estate plan that addresses complex legal issues.
Our attorneys collaborate closely with you to fully understand your desires, concerns, and legal requirements to safeguard your future and that of your dependents. We tailor our services to meet the unique demands of your estate by:
Guiding you through retirement planning, and ensuring your estate is distributed according to your wishes.
Our New York Estate Planning Lawyers Can:
Protect your assets with strategic estate planning, clarify and arrange for healthcare or long-term care decisions, such as Medicaid planning, address legal tax considerations for you and your heirs; and secure the continued care of your dependents.
To consult with our knowledgeable team in New York, call our office now at (929) 412-1808 or book an appointment online.
One of our key areas of focus is developing care and future planning for special needs children through trusts. Matus Law Group New York approaches each case with empathy and personal insight, assisting you in setting up trusts tailored to your needs. We carefully review each situation to devise the best strategy for you.
The trust serves to legally safeguard your estate, ensuring your child continues to qualify for necessary public benefits even after turning 18. This includes benefits like Supplemental Security Income, while the trust handles additional expenses for your child.
While trust funds cannot cover basic living costs, they are allowed by law to provide for supplemental needs such as medical devices, therapies, recreational activities, and other related expenses. We are eager to show you how estate planning can improve your specific situation and provide comprehensive advice on Medicaid planning.
Drafting a special needs estate plan is complex. To learn more, please contact our attorneys in New York at (929) 412-1808.
Importance of a Last Will and Testament for Your Estate in New York, NY
A will is a crucial legal document in New York State estate planning, outlining how your assets should be managed after your death according to legal standards. Without a will, your estate undergoes a lengthy and costly probate process, leaving loved ones, including potentially your children or ex-spouse, in uncertainty about asset division under the law. This can easily be avoided with the help of our estate planning lawyers.
A will is vital for transferring belongings, financial assets, and real estate as per your desires. It also designates legal guardians for your minor children. New York has specific legal requirements for executing a will, which our team can help you navigate to ensure it is drafted and executed correctly, adhering to all state laws. To discuss your estate plan or last will and testament, contact our top-rated NY estate planning team today at (929) 412-1808.
Using a Trust to Protect Estate
While a will is an important step in estate planning, trusts often provide greater protection for assets and estates, including tax benefits that a will cannot offer.
A trust establishes a separate legal entity that holds assets and estate on behalf of a beneficiary, which is advantageous for estate planning and achieving tax benefits. In New York, trusts are particularly beneficial as they help avoid probate, taxes, and fees, and protect assets from creditors. After your passing, the assets within the trust are transferred to the designated beneficiaries.
There are various types of trusts, each offering different legal and tax advantages based on your estate planning needs. Our New York estate planning team is ready to discuss the different trusts and strategies available. To schedule a consultation, call us at (929) 412-1808 or email us at admin@matuslaw.com.
A skilled estate planning attorney in New York City can help individuals to establish a system of legal devices that will ensure their family members are cared for after their death or incapacitation. This is a delicate endeavor and requires an attorney with a deep understanding of family and probate law. The following article discusses the benefits of utilizing the services of a skilled NYC trust and estates lawyer.
Having proper legal documentation in place can help to minimize the chances of expensive estate litigation in the future. When an individual dies without a will, the family will need to go through the probate process in order to determine how assets should be distributed. The cost of establishing such a proceeding can easily exceed the value of the deceased’s estate. An estate planning attorney can help to reduce the costs associated with court-supervised probate.
The legal jargon used in estate documents can be difficult for the average person to understand. An experienced attorney can break down these specifications into a form that is easier for the family to digest. This can be especially beneficial for families who are already grieving after the loss of a loved one and are struggling to make sense of these complex legal documents.
Estate planning attorneys have years of experience in drafting and administering such documents. These skills can help to create a document that is more likely to be upheld by the court when challenged. In addition, an attorney who is knowledgeable of the specifics of New York estate laws can help to ensure that a document meets all of the required formalities and standards set forth by state law.
In addition to ensuring that a document is legally sound, an estate planning attorney can also help individuals to take steps to avoid costly taxes and other legal fees. For example, in the state of New York, if a person’s estate exceeds a certain threshold value, the state must deduct taxes from the inheritance before beneficiaries can receive their final assets. An estate planning attorney can assist individuals to mitigate these costs by reducing the total value of their estate, gifting parts of the estate each year to loved ones, and putting assets into trusts.
The best estate planning lawyers can help to identify the issues that need to be addressed and develop a plan that is in accordance with state law. They can also conduct regular reviews of estate documents to reflect any changes in the law or personal circumstances. A do-it-yourself option may not provide this level of detail and could result in the creation of documents that are not in compliance with New York State laws, resulting in significant costs for the estate and family members.
When choosing an estate planning attorney, it is important to evaluate the professional’s ethical reputation and track record. This includes an attorney’s professional history, client satisfaction ratings, and peer recognition. An attorney with a solid reputation is more likely to adhere to strict ethical standards and act in the best interests of their clients.
Matus Law Group
222 Broadway FL 22, New York, NY 10038, United States
(929) 412-1808