ESTATE PLANNING

The Law Office of Michael J. Livolsi, Esq., provides our clients with a full service estate planning practice.  We work with you to protect your assets and provide for the needs of your beneficiaries, whether they be adults, minor children, spouses, partners, children of a prior marriage, friends, or individuals with special needs. We your plans to protect your family and your assets to completion.  Every person, family, and plan is different, requiring unique solutions.  We treat your estate as it should be treated – like it is the most important estate to our office, because we know it is the most important matter you are considering

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Some things you should think about in preparation to speak with your attorney are as follows: 

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• Who will benefit from your estate plans?  You should consider the needs of your family.  For example, do you have step children or children from a prior marriage?  Are you a divorced, non-custodial parent? 

• It will help you in making estate planning decisions if you have a clear plan for who should benefit from your estate. 

• Do you have any life insurance or retirement benefits which need to be updated to identify new beneficiaries? 

• Is there anyone who you wish to benefit from your estate who is under a disability and is either receiving, or is/will be eligible to receive, government benefits such as Medicare? Steps may be taken to minimize the risk of such persons from becoming ineligible to receive benefits. 

• Who will serve as your executor and administrator or your estate?  You should consider a person’s resources, availability, and willingness to act as your executor. 

• Are there assets which you should provide for outside of probate proceedings? These typically involve high value items or items which are not easily divisible. 

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Everyone should plan for their futures, families and their assets.  If you would like to plan for your future, schedule an initial consult with us, or call us today to speak with an attorney.