ESTATE AND RETIREMENT PLANNING

Estate and retirement planning have taken on greater importance as the value of real estate and investments and qualified retirement accounts has changed. Since New York State has not increased its estate tax exemption to the federal exemption many individuals are subject to New York estate taxes and/or federal estate taxes.

The future changes to estate taxes will require review and updating in order to minimize the tax impact to your estate and maximize wealth preservation and transfers to your heirs.

We will review the advantages of having an updated will, power of attorney and health care proxy and other specific issues that may pertain to your estate.