FAQs

• Q: Do you charge for an initial consultation?

  A: No. We do not charge for our initial review and consultation.

• Q: What is estate planning?

  A: Estate planning is the process of arranging for the management and disposal of a person’s estate during their life and after death, while minimizing gift, estate, generation skipping transfer, and income tax.

• Q: Do I need a will?

  A: Yes. Without a valid will, New York State law determines how your assets are distributed, which may not align with your wishes.

• Q: What is the difference between a will and a trust?

  A: A will takes effect after death and goes through probate. A trust can take effect during your lifetime and typically avoids probate, providing greater privacy and efficiency.

• Q: How often should I update my estate plan?

  A: We recommend reviewing your estate plan every 3-5 years, or whenever there is a significant life event such as marriage, divorce, birth of a child, or substantial change in assets.