Experienced attorneys who can help you plan ahead
Estate planning is the process of preparing for your family's future. It involves dealing with the distribution of financial assets, as well as designating responsibility in the event something happens to you. The estate planning attorneys at Kotlar, Hernandez & Cohen, LLC can help guide you through this important process.
There are state laws and federal rules and regulations that must be consider during estate planning. That's why it's important to have an experienced and knowledgeable estate planning attorney working with you when putting together your plan of action. Our law firm has been helping clients with estate planning since our founding in 1995.
We can help you with all aspects of estate planning, including:
- Last Will and Testament - Formalized expression of your intentions concerning the disposition of your financial affairs upon your passing, and the designation of:
- Beneficiaries - Person or persons to whom you would like to leave your assets.
- Executor - Person who will take care of winding up your financial, legal and business affairs upon your passing.
- Trustee - Person who will take care of administering the financial affairs of any beneficiary whose inheritance was placed into trust because of their young age.
- Guardian - Person who will take care of raising your minor children if both parents pass away before they reach the age of 18.
- Living Will - Identifies your intentions in the event a medical condition leaves you brain dead or physically incapacitated without the possibility for a quality of life. The Living Will can specify your intentions concerning the administration of mechanical respiration, nutrition and hydration. It also provides an opportunity for you to identify a pre-determined health care agent who can make decisions for you concerning these issues if you become incapacitated.
- Power of Attorney - Allows you to appoint someone to care for you and your assets if you are disabled and cannot handle your own personal and financial affairs. Typically, the primary recipient of the Power of Attorney is your spouse, and the alternate is another trusted family member or friend.
Our attorneys can help you craft an estate plan that reflects your wishes and advise you on the short-term and long-term effects for your family. Then you can have the peace of mind knowing these difficult decisions have already been made.