Estate Planning
Plan for your future, ensuring the protection of your assets and loved ones through comprehensive estate planning. At UBFK Law, our experienced estate planning attorney, Shira Frcakt, Esq., specializes in guiding individuals and families through the process, offering tailored solutions to meet your unique needs and goals.
Comprehensive estate planning involves more than just drafting a will or setting up trusts. It encompasses a holistic approach to protecting your assets and ensuring a smooth transfer of wealth to your beneficiaries. Shira Frackt, Esq. will work closely with you to develop a personalized estate plan that addresses your specific circumstances, including asset protection, business succession planning, healthcare directives, and powers of attorney.
Our Practice Areas:
Wills:
- A will is the cornerstone of any estate plan, enabling you to dictate how your assets should be distributed after your passing. Shira Frackt, Esq. will assist you in drafting a clear and legally enforceable will that reflects your wishes, ensuring that your loved ones are provided for and your assets are distributed according to your instructions.
Trusts:
- Trusts offer a range of benefits, including asset protection, tax minimization, and efficient wealth transfer. We will guide you in determining the appropriate trust structure for your specific circumstances, whether it’s a revocable living trust, irrevocable trust, or special needs trust, ensuring your assets are safeguarded and your wishes are fulfilled.
Powers of Attorney and Advanced Healthcare Directives:
- Estate planning extends beyond the distribution of assets. It includes establishing powers of attorney and advanced healthcare directives, allowing you to appoint trusted individuals to make financial and healthcare decisions on your behalf if you become incapacitated. These documents provide invaluable peace of mind.
Asset Protection:
- Preserving your hard-earned assets and protecting them from potential risks is a vital aspect of estate planning. We will help you develop strategies and structures that shield your wealth from creditors, lawsuits, and other threats, ensuring the financial security of you and your beneficiaries.
Business Succession Planning:
- If you own a business, careful succession planning is essential to ensure its continuity and the smooth transfer of ownership. Shira Frackt, Esq. will guide you through the process of developing a comprehensive business succession plan that addresses management transitions, ownership transfers, and tax implications, preserving the legacy of your business.
Estate Tax Planning:
- Minimizing estate taxes is a common objective for many individuals and families. We will work with you to develop effective estate tax planning strategies, such as gifting, charitable giving, and other techniques to reduce tax liability and maximize the value of your estate.
Contact UBFK Law today to schedule a consultation with our experienced estate planning attorneys. Let us help you create a comprehensive plan that protects your assets, preserves your legacy, and secures the well-being of your loved ones for years to come.