Manhattan Estate Planning Attorney Natalia Sishodia (https://sishodia.com/estate-planning-attorney-manhattan/) releases a new article explaining the importance of estate planning. The lawyer mentions that estate planning is a crucial aspect of financial planning, especially in New York where the cost of living is high and the laws surrounding inheritance and distribution of assets can be complex. It involves the creation of a plan to manage and distribute your assets after your death or in the event of your incapacitation.
“The legal team at Sishodia Law Group, a leading estate planning law firm in Manhattan, is dedicated to helping individuals and families navigate the estate planning process and make informed decisions about their financial future,” the Manhattan estate planning attorney says.
One of the key services offered by the firm is the creation of a comprehensive estate plan. This includes drafting documents such as wills, trusts, and durable powers of attorney, which outline your wishes for the distribution of your assets and the management of your affairs in the event of your incapacitation.
In addition to these traditional estate planning tools, the team at Sishodia Law Group also assists clients in navigating the complex laws surrounding Medicaid planning and asset protection. Medicaid, a government program that provides healthcare coverage for those with low incomes or disabilities, has strict eligibility requirements and can be difficult to navigate.
Asset protection is another important aspect of estate planning, especially in a state like New York where the cost of living and healthcare expenses can be high. The team at Sishodia Law Group can assist clients in creating a plan to protect their assets from creditors, lawsuits, and other unexpected financial challenges.
Tax planning is also an important aspect of estate planning, as it can help clients minimize their tax burden and ensure that their assets are distributed according to their wishes. The team at Sishodia Law Group has extensive experience in this area and can assist clients in creating tax-efficient plans for their assets.
Lastly, the lawyer emphasizes that it is important to seek the help of a skilled estate planning lawyer when it comes to matters involving estate planning. An experienced estate planning lawyer may be able to help the client set up their wealth for the future in case the client passes away.
About Sishodia PLLC
Sishodia PLLC’s team of professional New York estate planning attorneys pride themselves on their ability to give the most comprehensive advice and guidance possible to their clients. The lawyers at Sishodia PLLC take time to fully understand each client’s unique goals and circumstances, minimizing potential risks and issues. Call them today at (833) 616-4646 for a consultation.
Sishodia PLLC | Real Estate Attorney and Estate Planning Lawyer | Asset Protection Law Firm | 1031 Exchange - NYC
600 Third Avenue 2nd Floor, 600 3rd Ave Second Floor, New York, NY 10016, United States
(833) 616-4646
Sishodia PLLC is a boutique New York real estate law firm offering experienced, individualized legal solutions to clients ranging from first-time homebuyers to seasoned real estate investors.
Sishodia PLLC
600 Third Avenue 2nd Floor, New York, NY 10016, United States
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