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Aspects of an Elder Law Estate Plan

Long Island Estate Planning Lawyer

During the process of planning your estate, it is best to work with a Long Island estate planning attorney to ensure that your plan is thorough and meets your desires.

When you are developing an estate plan, it will generally include the aspects listed below:

  • Irrevocable Medicaid Asset Protection Trust or a Revocable Living Trust. You will typically have one of these as opposed to both of them.
  • Through a pour over will, anything that you did not cover in your trust will be poured into the trust and distributed as you wish.
  • Through the power of attorney you can pick who you want to be in charge of your affairs in the event that you are unable to control them.
  • If you are unable to make decisions about your medical care, then the proxy will make these decisions for you.
  • Through a living will you can authorize to be taken off life support if the proxy makes that decision.
  • Funeral and burial instruction can be covered in an estate plan and may address how you want the funeral and burial to occur, if it will be paid in advance, if you will donate any organs and who will be in charge of the arrangements.
  • Final instructions can be given to your family to help them in settling your estate.
  • Deeds should be arranged for the transfer of property.
  • A memorandum of personal effects will typically be handwritten so that it can be changed without having to request an attorney make this change.
  • In regards to transferring assets to a trust, written instructions are provided in addition to an in personal explanation.
  • A plan should be monitored and reviewed on an ongoing basis so that it is always up to date.

For assistance with your estate plan, contact our Long Island estate planning lawyer.

50 Route 111, Suite 218, Smithtown, NY 11787

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The Law Office of Michael J. Brescia, P.C. - Long Island Estate Planning Attorney
Located at 50 Route 111, Suite 218 Smithtown, NY 11787. View Map
Phone: (631) 386-8767 | Local Phone: (631) 656-6505.