Long Island Estate Planning Lawyer

Schneider, Garrastegui, & Fedele, PLLC, create customized estate plans for individuals and families.
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Estate Planning in Long Island

As you grow older, you can’t help but think about the legacy you’ll leave behind. Additionally, you might worry about being a burden to loved ones while aging and concerned about your wishes being carried out if you become incapacitated. Estate planning is the key to meeting your goals. With thoughtful, strategic planning, you can maintain control along the way while ensuring the process is as easy as possible for your family. For instance, you can set up powers of attorney in case you become incapacitated, engage in Medicaid planning for long-term care, and choose asset beneficiaries. These are just some of the numerous choices available.

Contact our Long Island estate planning lawyer today to discuss your needs and options. Then, our firm can create a customized plan so you can reach your goals and enjoy your golden years.

Estate Planning Services

Our firm offers a variety of estate planning services. Whether you need a simple update or an entire plan, we can help. Contact our Long Island estate planning lawyer to discuss:

  • Wills
  • Trusts
  • Medicaid planning
  • Medicaid applications
  • Special needs planning
  • Asset protection
  • Business succession planning
  • Powers of attorney
  • Guardianships
  • Probate
  • Estate administration

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Why Choose Schneider, Garrastegui, & Fedele, Pllc?

  • Hyper-focused on Your Needs – While some firms dabble in numerous practice areas, we focus on elder law and real estate. Our limited scope of practice allows us to stay up-to-date and provide hyper-focused, client-centric legal services.
  • Highly Rated – Our firm has accumulated numerous 5-star reviews on Google, Facebook, Yelp, and Avvo.
  • Two Locations to Serve You – Visit our fully staffed Class A office space in Melville, NY, or make an appointment at our satellite office in Hauppauge, NY.
  • Small Firm with Big Firm Assets – As a small firm, you can expect hands-on, customized service with us. At the same time, our assets are comparable to a much larger firm, so we have the resources to help clients of varying and even challenging needs.
  • Bilingual Support – With both English and Spanish-speaking staff and attorneys, you’ll feel at home at our firm.

Wills And Estate Planning

Did you know if you pass away without a valid will, the state will determine who receives your assets? It will follow the laws of intestacy when handing out the property, meaning you won’t have any control over who receives your possessions. As horrible as that sounds, it’s even worse if you have minor children living at home. If you and the other parent pass away without a will, the state will also have to find a home for your kids.

Fortunately, you can avoid these issues by adding a will to your estate plan. First, your Long Island estate planning lawyer will go over your assets and goals. Then, your lawyer will help you draft a will that designates beneficiaries. If you have minor children, you’ll also include a guardian and someone to manage their property until they are adults. Finally, you’ll choose an executor to administer your estate. Since the will is the foundation of an estate plan, don’t delay getting started. Contact us today to discuss drafting a legally binding will to protect your interests.

Estate Planning With Trusts

You can also add a trust to your estate plan. Often, Long Island residents set up revocable trusts that allow them to transfer assets while maintaining control. They can revoke it at any time. However, those who want to minimize taxes, protect assets, and engage in Medicaid planning can use irrevocable trusts. As the name suggests, you cannot revoke the trust, and you’ll also need to choose someone to serve as the trustee.

Trusts aren’t a matter of public record, so others won’t know about your assets or beneficiaries, apart from the trustee. Also, they don’t go through probate, yet another advantage. If you would like to add a trust to your estate plan, reach out to us today.

Medicaid Planning In Long Island

Long-term care is expensive, and it can bankrupt your estate without the right planning. Our Long Island estate planning lawyer can assist you with Medicaid planning. You might think that you can’t possibly qualify for Medicaid because of your assets. However, your attorney can set up an irrevocable trust and then transfer assets into it. Once the assets are in the trust, they are out of your estate, so you can qualify for Medicaid. However, New York has a lookback period of 60 months, meaning that anything you transfer within that period will count toward your estate. With that in mind, time is of the essence, so contact us today.

Protect Your Assets And Your Health With Estate Planning

Did you know that the right estate plan can also protect you while you’re alive? Our Long Island estate planning lawyer can discuss powers of attorney with you. You can use powers of attorney to name someone to make financial and healthcare decisions for you if you’re incapacitated. With these documents in place, your family won’t have to petition the court, and you won’t have to worry about someone you don’t trust handling your care. Instead, you will have full control by naming an agent or agents to act on your behalf.

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Clients first entrusted us to help them with their estate planning and elder law issues over 30 years ago. Since then, we have expanded our practice to include real estate, but our focus continues to be on assisting clients with some of the biggest issues they will face in their lives.

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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.

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