Charles & Charles PLLC
Charles & Charles PLLC

Wills and Estate Planning

Our firm’s wills and estates practice assists our clients in two broad ways:

  • We take the necessary legal arrangements to ensure that their desires and instructions are respected and complied with in the event that they are no longer able to make decisions or act for themselves while alive.
  • We implement legal arrangements to ensure that their assets are transferred to the desired beneficiaries when they are deceased. 

One of the consequences of longer life expectancy is that individuals may in their lifetime become incapacitated and unable to make important personal decisions or take certain actions personally. We help our clients prepare for these possibilities by using the appropriate legal mechanisms to enable them appoint their own choice of trusted persons to make decisions and take actions on their behalf. Some of these legal mechanisms are: Durable Power of Attorney; Healthcare proxies; Advance health care directives; Living wills; Burial agent designation; and HIPAA authorizations.    

Will

Our attorneys work closely with clients in preparing their wills to ensure that all their qualifying assets are bequeathed to their desired beneficiaries. We make clients aware of any assets that cannot be conveyed in a will and use other mechanisms to ensure that as far as legally possible, such assets are disposed in a manner that benefits the desired beneficiaries.

Other services we offer include preparing and filing the appropriate documents required to probate the client’s will, helping the fiduciary in the marshalling of a deceased client’s assets and hiring any necessary appraisers, advising the fiduciary on tax elections and discounts including the use of disclaimers to reduce estate taxes where appropriate.

Estate planning

In addition to drafting wills for clients, we also offer estate planning services whereby we formulate a comprehensive plan that ensures that all of the client’s assets are accounted for and disposed in the most cost effective manner permitted by law.  Some of the techniques we utilize in the plan include maximizing tax exemptions, lifetime trusts, charitable foundations, family limited partnership, and re-titling of assets.

 

 

Contact Us Today!

Charles & Charles PLLC
545 Fifth Avenue 
New York, NY 10017
Cell:  718-496-9699
Tel:   212-653-1809
Fax:  800-766-0576

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