The most commonly utilized vehicle of asset transfer is the last will. Most people are aware of what a last will accomplishes. The will is going to name inheritors who will inherit your property after you die. Someone has to actually make this happen. This would be the executor of the estate. You should nominate an executor when you create your will.
Topics covered in this report include:
- Transferring Assets
- Last Wills
- Revocable Living Trusts
- Incapacity Planning
- Core Responsibility of Adulthood
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Mark S. Eghrari is an attorney in private practice in Smithtown, New York. He has been in practice since 1988. Mark S. Eghrari provides extensive estate and tax planning services to individuals and businesses. Mr. Eghrari’s primary focus is helping clients avoid probate, minimize or eliminate Federal and State Estate taxes and protect their assets from the high cost of nursing care, if they become ill.
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