Estate Planning Law Attorney In New York, NY
What Our Law Firm Offers
If you’re like most people, you want to ensure that the individuals and causes you care deeply about receive your financial resources, personal belongings, and real estate assets without facing unnecessary delays or complications. William (Bill) Simon focuses on assisting New Yorkers in creating clear, customized estate plans specifically designed to fulfill their wishes and protect the hard-earned assets they have built over the years.
Having control over what happens to your assets after you pass away requires thorough and thoughtful planning—especially when family dynamics, business interests, or significant financial assets are involved. Bill takes the time to work closely with each client, developing a comprehensive plan that truly reflects their personal goals and values. His approach not only helps clients avoid common probate hassles but also seeks to reduce taxes and other potential costs whenever possible. This careful planning ultimately provides invaluable peace of mind for the future. Don’t wait any longer—start your estate plan today so you can feel confident in your decisions and focus on enjoying life to the fullest.
Call McGarry & Simon at 347-808-2508 to schedule a consultation with a lawyer today.
Wills, Trusts, and Other Estate Planning Instruments
Estate planning often involves more than just drafting a simple will—it encompasses a comprehensive strategy for managing and distributing your assets according to your wishes. Depending on your specific goals and circumstances, it may be vital to include various legal documents such as a health care proxy, which designates someone to make medical decisions on your behalf, a living will that outlines your preferences for end-of-life care, and a durable power of attorney that allows someone to manage your financial affairs if you're unable to do so. Additionally, incorporating trusts can be particularly advantageous, as they help protect and transfer your assets efficiently.
If you only have a will, for instance, your estate will typically have to navigate New York's probate court—a process that can often be lengthy and expensive. This is especially true when beneficiaries are located out of town or when family dynamics or relationships are complicated. By establishing a properly prepared trust, certain assets can be transferred directly to your loved ones outside of the probate process. This can save your family significant time and reduce financial burdens, easing their stress during an already challenging time.
In conjunction with this, health care directives play a crucial role in ensuring that your medical care preferences are known and honored, particularly if you find yourself unable to communicate them yourself. By putting these essential planning tools in place, you not only provide clarity and direction but also grant both yourself and your family the invaluable gift of peace of mind, knowing that your wishes are explicitly articulated and will be respected no matter the circumstances.
Estate Planning for Special Circumstances
You may own a business or have an interest in a partnership—and without a clear plan in place, questions about management, ownership, and succession can quickly become complicated. With careful estate planning, Bill Simon helps New Yorkers put the right documents and strategies in place so the transition is orderly, your wishes are honored, and the business can continue operating without unnecessary disruption.
Estate planning can also be essential for families with unique needs, including those caring for a child with disabilities. A properly drafted special needs trust can help protect the assets you set aside for your child’s long-term care while preserving eligibility for important government benefits.
No matter your circumstances, Bill will work with you to create a plan that provides clarity, stability, and peace of mind for the people who matter most. Schedule a consultation today to get started.
Have Questions?
Call McGarry & Simon at 347-808-2508 to speak with an attorney and take the next step toward protecting your family and your future. Schedule a consultation today and gain peace of mind knowing your wishes are documented and your loved ones are protected.