Estate Planning Long Island NY
Law Offices of James Henry Dunne, Esq.
Nassau • Suffolk • Queens • Brooklyn • NYC
Call or Email Now for a Complimentary Consultation
516-483-7037
Nassau • Suffolk • Queens • Brooklyn • NYC
Call or Email Now for a Complimentary Consultation
516-483-7037
Knowledge • Experience • Efficiency • Integrity
Earning Trust By Exceeding Expectation
Care For Your Loved Ones and
Preserve Your Legacy
Last Will & Testament
Trusts
Probate & Estate Administration
Business Owner Estate Plan
Preserve Your Legacy
Last Will & Testament
Trusts
Probate & Estate Administration
Business Owner Estate Plan
Last Will & Testament
Your Last Will & Testament provides the opportunity to distribute your property and finances, establish care for your children, and express your wishes upon your death. A will is the primary means by which you can leave property to a person or entity other than a blood relative, such as a domestic partner, a friend or a charity. If you pass away without a Will, NYS rules of intestate succession and the probate process dictate how your property will be distributed, which might not reflect your desires. To avoid what is usually not what a decedent would have wanted prior to their passing, A Will is essential for many individuals. James will draft a clear and legally sound Last Will & Testament that includes considerations for your savings, investments, property, business entities, assets, child guardianship, executor responsibilities and more, all reflecting your thoughtfully planned wishes.
Trusts: Revocable, Irrevocable, Testamentary, Special Needs
Trusts are thought of as a vehicle for wealthy individuals. However, Trusts have a place in the estate and legacy planning for individuals of more modest means too. Trusts are an important piece of estate planning but are the source of a great deal of confusion. In addition, Trusts are often unnecessarily promoted by some attorneys selling a product that may not be in your best interest. The only way to find out what best meets your needs is to candidly share your history, current situation, family dynamic, and future goals with James so he can make a recommendation that is best for you.
Estate Administration
After one passes away, their property will be distributed and transferred to others. To whom it is distributed, and how quickly that happens, depends on whether or not the deceased planned for this inevitability with a Last Will & Testament. James, as an Administrator, will handle this process. The way your Administration proceeds depends on several factors, including the extent of planning you have done beforehand. The process of admitting a valid Will and proving its validity is referred to as Probate (or Probate Administration), while a similar process known as Estate Administration, occurs when a decedent dies without a Will (intestate). Having an estate plan in place before you pass away will make Estate Administration easier, less costly, less stressful, and burdensome for your heirs and/or your family.
Business Owner Estate Plan
Estate planning for business owners requires additional knowledge and skills beyond the usual arsenal of traditional trusts and estates attorneys. Key considerations in crafting an estate plan (the unique nature of the business, its assets, and the way it's owned and operated) will be uniquely tailored to include business interests in your estate plan. Unique assets, business structure and operations, added tax considerations and family dynamics make this more complex. The unique nature of assets should be considered and how they can be affected during the succession process.
Call or Email Now for a Complimentary Consultation
Your Last Will & Testament provides the opportunity to distribute your property and finances, establish care for your children, and express your wishes upon your death. A will is the primary means by which you can leave property to a person or entity other than a blood relative, such as a domestic partner, a friend or a charity. If you pass away without a Will, NYS rules of intestate succession and the probate process dictate how your property will be distributed, which might not reflect your desires. To avoid what is usually not what a decedent would have wanted prior to their passing, A Will is essential for many individuals. James will draft a clear and legally sound Last Will & Testament that includes considerations for your savings, investments, property, business entities, assets, child guardianship, executor responsibilities and more, all reflecting your thoughtfully planned wishes.
- Last Will & Testament
- Advance Directive | Living Will
- Powers of Attorney
- Will Amendments
Trusts: Revocable, Irrevocable, Testamentary, Special Needs
Trusts are thought of as a vehicle for wealthy individuals. However, Trusts have a place in the estate and legacy planning for individuals of more modest means too. Trusts are an important piece of estate planning but are the source of a great deal of confusion. In addition, Trusts are often unnecessarily promoted by some attorneys selling a product that may not be in your best interest. The only way to find out what best meets your needs is to candidly share your history, current situation, family dynamic, and future goals with James so he can make a recommendation that is best for you.
- Revocable Trusts
- Irrevocable Trusts
- Testamentary Trusts
- Special Needs Trusts
Estate Administration
After one passes away, their property will be distributed and transferred to others. To whom it is distributed, and how quickly that happens, depends on whether or not the deceased planned for this inevitability with a Last Will & Testament. James, as an Administrator, will handle this process. The way your Administration proceeds depends on several factors, including the extent of planning you have done beforehand. The process of admitting a valid Will and proving its validity is referred to as Probate (or Probate Administration), while a similar process known as Estate Administration, occurs when a decedent dies without a Will (intestate). Having an estate plan in place before you pass away will make Estate Administration easier, less costly, less stressful, and burdensome for your heirs and/or your family.
- Probate
- Estate Administration
Business Owner Estate Plan
Estate planning for business owners requires additional knowledge and skills beyond the usual arsenal of traditional trusts and estates attorneys. Key considerations in crafting an estate plan (the unique nature of the business, its assets, and the way it's owned and operated) will be uniquely tailored to include business interests in your estate plan. Unique assets, business structure and operations, added tax considerations and family dynamics make this more complex. The unique nature of assets should be considered and how they can be affected during the succession process.
- Preserving Your Legacy
- Tax & Insurance Considerations
- Family Dynamics
- Business Succession
Call or Email Now for a Complimentary Consultation