Communities We Serve – Tarrytown
The team here at The Law Offices of Mary A. Miller are very dedicated to the community that we live in. Our office is located in Tarrytown, NY, and we serve people in our town and this section of Westchester County as a whole.
Our area is a great place to live, and the locals are very well aware of the quality of life that we enjoy here. However, other people are getting the message. Various different publications rate the best places to live in the state of New York, and Tarrytown is consistently near the top of the list.
We Proudly Serve Our Neighbors in and Around Tarrytown, NY
Community is very important to us, and families are the foundation. We are passionate about elder law and estate planning because we get the opportunity to help families preserve legacies. This is a very profound endeavor, and we take our commitment to Tarrytown area families very seriously.
Each day when we go to work, we think about the concept of feelings. When you craft your legacy, you are expressing the feelings that you have for the people that you love the most. Every time we meet a new client, we take this to heart, and we work with our Tarrytown neighbors to help them realize their legacy planning goals.
If you decide to work with our firm, you will feel totally comfortable from the moment that you walk in the door. We are fully cognizant of the fact that you have to discuss sensitive family and financial matters with someone that you have never met when you consult with an estate planning attorney. This is a big responsibility on our end, and we never lose sight of it.
Once you create your initial estate plan, things could change as the years pass. When you establish a relationship with our firm, the door will always be open, and we will be prepared to help you revise your plan. We can also help make things easier for your family when estate administration tasks present themselves after you are gone.
Custom-Crafted Estate Plan
There is no one-size-fits-all estate plan that is right for everyone. When you consult with our firm, we will sit down, get to know you, and become apprised of your financial situation and your estate planning objectives.
The right way to proceed will depend upon the circumstances. Everyone has heard of the document called a last will, but there are limitations when you use a will, and there are also some complications.
Even if you are not extraordinarily wealthy, once you understand all of the facts, you may decide that a revocable living trust is a better choice. You can consolidate assets when you create this type of trust, and you do not lose control of the resources while you are living.
It would be possible to make sure that the beneficiaries do not burn through their inheritances too quickly, because you could instruct the trustee to distribute limited assets over an extended period of time after you are gone. You could also empower a trustee to administer the trust if you were to become incapacitated at some point.
A living trust can be a good choice for many people, but there are those who have have to address more complicated circumstances. Estate taxes can enter the picture for high net worth individuals, and blended family situations can call for a more advanced form of estate planning. Fortunately, there is a strategy that can be implemented to address any type of familial or financial situation.
Nursing Home Asset Protection
A well constructed estate plan will also address the eventualities that you may face toward the end of your life. Most senior citizens will need living assistance eventually, and many will reside in nursing homes. These facilities are very expensive, and costs have been rising year-by-year.
Medicare does not pay for long-term care, so everything that you intended to leave to your loved ones could be consumed by nursing home costs if you have to pay out-of-pocket.
There is a solution that many people embrace in the form of Medicaid. This government program does pay for long-term care, but it takes careful and informed planning to qualify without losing anything in the process.
We Look Forward to Meeting You in Tarrytown!
Now that you know a little bit about us and our commitment to people in the greater Tarrytown area, you may feel as though you would like to take the first step. We would be glad to get to know you, answer your questions, and help you craft a tailor-made estate plan if you decide that you would like to go forward.
To set up a consultation, call us at 914-939-6565 or drop us a line through our contact page.