Estate/Tax Planning

Wills and Trusts

A surprising number of families do not have an estate plan in place and have never executed a Will, Power of Attorney, Health Care Proxy or Living Will. In September 2009, New York State implemented a change in the New York State Powers of Attorney law making it a much more comprehensive document. In most cases, estate planning is straightforward and uncomplicated. The attorneys at The Odorisi Law Firm can draft for you the necessary estate planning documents to ensure that your wishes are carried out upon your death or disability. These documents can include the appointment of guardians for your minor children and testamentary trusts until your minor children reach a certain age.

In certain circumstances, you could also face substantial estate taxes upon your death. In these cases, you may need other tax planning documents to assist in minimizing your estate tax liability. Contact one of our attorneys at The Odorisi Law Firm to discuss your exposure and the various tax planning options available to you.