New York City Estate Planning Attorney Kristine M. Carranceja-Gurski Discusses the Work of an Estate Planning Lawyer
New York City estate planning attorney Kristine M. Carranceja-Gurski of the Matus Law Group releases a new article (https://matuslaw.com/estate-planning-attorney-new-york-city/) explaining the work of a New York estate planning attorney. The lawyer mentions that it takes a lot of effort and hard work to accumulate estate and assets. In estate planning, an individual is basically planning his or her future and ensuring that their estate will be distributed according to their wishes in the event of their death.
"Estate planning is not just a dry set of legal directives and forms ruled by the law. It is the heart and soul of the culmination of a lifetime's plans. At The Matus Law Group, we treat it as such. Regardless of legal planning complexities, we understand the momentous responsibility you have entrusted us in designing and planning a tailored estate plan," says the New York City estate planning attorney.
According to the lawyer, estate planning includes planning for a special needs child's future and care through trusts. The trust can help legally protect the estate and ensure that the child has access to all public benefits. They will be eligible for Supplemental Security Income benefits once the child turns 18.
Estate planning lawyer Kristine M.Carranceja-Gurski mentions that in New York, estate planning requires that a will be created. This document outlines a person's wishes regarding how their estate should be managed after they have passed. The probate process will be lengthy and complicated without a legal will.
Attorney Carranceja-Gurski also states that a will is a vital tool for estate planning. A will allows a person to leave their real estate and financial assets to the people they choose. A will can also be used to designate who will be the legal guardians for young children left behind.
Attorney Carranceja-Gurski also explains that a will is an excellent first step, but sometimes a trust can be a better option. Trusts will offer asset and estate protection and tax benefits. These features may not be available in a will. According to the lawyer, "A trust forms a separate third-party legal entity that can own assets and estate on behalf of a beneficiary, which can be useful for estate planning and tax benefits."
Lastly, the estate planning lawyer emphasizes the importance of having an experienced lawyer in estate planning matters. An experienced attorney can help clients understand their rights and responsibilities, as well as guide them in making the right decisions.
About The Matus Law Group
The Matus Law Group has a team of estate planning attorneys who are committed to helping families and individuals in real estate transactions in New Jersey and New York. Through a team approach, they work hard to help their clients with their estate planning needs. Call The Matus Law Group today at (929) 412-1808
For more information about Matus Law Group - New York City, contact the company here:
Matus Law Group - New York City
(929) 412 1808
222 Broadway Suite A1,
New York, NY 10038