Estate Planning Issues
Proper estate planning allows the peace of mind in knowing that
you have taken control of your assets.
A properly prepared and executed Will allows you to make certain
that your assets are distributed pursuant to your wishes upon passing.
The elder law attorneys at
Nicholas T. Montalto know the personal nature of executing a Will. We review
all of your assets and help you determine the manner in which you want that
property to be distributed upon your death. We discuss all of the various
options available so that you may make an informed decision regarding the
disposition of your estate. Upon completion of the Will we make certain that it
is executed pursuant to the specific requirements of New York law.
A properly prepared Power of Attorney is an important tool in
estate planning. A Power of Attorney allows others to take care of your
personal business needs if you are incapacitated. Powers of Attorney can be
limited in scope or broad in their powers. It can be limited to banking
transactions or it can apply to all personal business matters. A Power of
Attorney can provide the peace of mind in knowing that your personal business
matters can be taken care of by others if you are ill. The elder law attorneys
at the offices of Nicholas T. Montalto, P.C. assist our clients in executing
the proper Power of Attorney so that their personal business matters may be
attended to if they are unable to do so themselves.
The creation of a trust may be a useful estate planning tool. We
assist our clients in determining if the establishment of a trust is
appropriate for their estate planning needs and provide expert advice and
counsel with regard to the appropriate type of trust.
Health Care Proxy and Medical Directives
No matter your age, a healthcare proxy and medical directive is
essential. A healthcare proxy is an instrument wherein you appoint someone to
make medical decisions for you when you are unable to speak for yourself. A
properly prepared healthcare proxy allows you to receive quick medical
treatment without the delays that are encountered when a hospital does not know
whom to contact to receive medical instructions. A medical directive (commonly
known as a living will) allows you to express your wishes as to the extent of
the care to be rendered when you are unable to speak for yourself. By
executing a medical directive you can be certain that your choices regarding
medical treatment are followed.
