Estate Planning: A Way To Plan For The Future

Since 1979, families in Yonkers and throughout the New York metro area have trusted the lawyers at Farrauto Berman & Slater to develop estate plans that protect their assets, provide for their families and give them peace of mind. Our firm also represents clients during probate and estate administration.

Developing An Estate Plan

Whether you are new parent, a baby boomer or somewhere in between, everyone can benefit from an estate plan. Depending on your finances, your assets and your stage of life, our lawyers will use a variety of estate planning tools to achieve your goals. Common estate planning tools include:

  • A last will and testament
  • Trusts
  • Powers of attorney
  • Living wills
  • Health care proxies
  • Guardianship designations

Protecting Your Assets For The Next Generation

You've worked hard for many years to build your wealth and acquire assets. Unfortunately, if you need nursing home care or long-term medical care in the future, much of this wealth and property can be taken to pay the costs before you are eligible for Medicaid. The good news is that through planning, you can transfer large assets out of your estate and onto the next generation.

Our lawyers are skilled in Medicaid transfers. We will evaluate your financial and property situation, as well as your goals, and help you put tools in place to safeguard your assets against loss, helping you become eligible for Medicaid sooner while leaving an inheritance for your children.

Help With Probate And Administration Proceedings

After an individual passes away, his or her estate must be distributed. The process used depends on whether the deceased had a will. If you are designated with estate or probate administration, you may be feeling overwhelmed. At Farrauto Berman & Slater, our attorneys are here to guide you through.

Our firm can provide as much or as little assistance as you need. We help with everything from identifying and valuing estate property to identifying and paying creditors and distributing property to heirs. We also represent administrators and executors during estate disputes.

Contact Us Today

When it comes to estate planning, getting started is often the hardest part. Take the first step. Contact our office to schedule your consultation. Call 914-979-2753 today.