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    Home ::: New York ::: Monticello ::: Estate Planning - Administration

    Estate Planning - Administration in Monticello


    Below is a list of businesses listed within our directory. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.
       
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    Business Listing   Drew- Theodore Attorney - Monticello, NY - Phone: (845) 794-5000


    Business Listing   Ingber- Jack S. Attorney - Monticello, NY - Phone: (845) 791-9900


    Business Listing   Jacobowitz & Gubits LLP - Monticello, NY - Phone: (845) 794-9781


    Business Listing   Mednick- Michael B. Attorney - Monticello, NY - Phone: (845) 794-5200


    Business Listing   Meltzer- Perry E. Attorney - Monticello, NY - Phone: (845) 794-6700


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    Helpful Definition for: Estate Planning - Administration


    Estate planning in Monticello is the attempt of eliminating confusions over the administration of a probate, optimizing the value of estate and arranging for its safe disposal. It is basically the process of transferring or distributing the assets, including the real & personal properties of the owner to the legal heirs in case of disability or death.

    Beneficiary designations, trusts, property ownership, powers of appointment, gift, powers of attorney, living will, partition & specific final arrangements such as whether to be buried or cremated, etc., constitute the major devices of estate planning during lifetime. For post-death estate planning- will, succession & life insurance are the effective tools.

    The main objectives of estate planning in Monticello are- tax-effective transfer of asset to beneficiaries, pre-decided time of distribution, selection of guardian, trustee or the executor and business succession.

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