Estate Planning Tips to Keep In Mind

Law Offices of Louis D. Stober, Jr., L.L.C.

350 Old Country Road, Suite 205, Garden City, NY 11530

877-791-8076 / StoberLaw.com

When was the last time you took a look at your estate plan?  It's important to keep your estate plan updated.  Here are a few tips to to help you stay ahead.

Estate Planning Tips:

• Take Another Look - Always go back and reexamine your estate plan after any major change in your life.  
• Focus on Income Tax - Only the top 1% of wealthy individuals will be subject to federal estate tax.  This is an important consideration in your plans.
• Talk to Your Children - Let your kids know about your estate plan.  It's important that they have a good understanding of what will happen with your finances.
• Determine How to Distribute Assets - Don't assume that your family members will be able to amicably work things out.  Including your assets in your estate plan will help to eliminate problems in the future.

Read this article for more estate planning tips or contact our office to go over your estate.  Our experience, combined with our successful track record makes us Long Island’s premier law firm.  Contact our office by calling 877-791-8076.  You can also like us on Facebook and follow us on Twitter for the latest news stories and legal tips.