Estate Planning

Syracuse, New York Estate Planning Lawyer - Free Initial Consultation -

Too many people put off or avoid planning their estates. Unfortunately this places the decision about what happens to your assets in the hands of someone else. It can also place the burden of handling your affairs in the probate court, or on your family members.

The McMahon Law Firm is committed to helping people throughout upstate New York meet their estate planning and Medicaid planning goals. I have helped hundreds of people prepare their estate for the eventuality that they will spend some time in a nursing home and will want Medicaid to pay for a majority of the expenses.

Estate planning is about planning for your future and the future of your heirs. Proper estate planning minimizes estate taxes while maximizing the assets that you pass on to your heirs. A proper estate plan includes a last will and testament and trusts . These can be tailored to minimize estate taxes and take into consideration guardianship issues of minor children. In addition, an estate plan should often include a living will, living trusts, power of attorney, and health care proxy in the eventuality that you are incapacitated and need someone to make decisions for you.

Estate planning should also take into consideration that almost fifty percent of elderly Americans will spend some time in a nursing home. Thus, Medicaid planning is an important consideration in the estate planning process. Estate planning is about ensuring that your assets are distributed according to your wishes. Medicaid planning is about ensuring that there are assets to distribute.

I serve clients throughout upstate New York including Onondaga, Cayuga, Oswego, and Oneida counties, as well as the cities of Syracuse, Camillus, and Auburn.

If you live anywhere in Central New York and need an estate planning lawyer, please contact Steve McMahon at the McMahon Law Firm. I am committed to assuring the wealth you have created during your lifetime is preserved for your heirs.