Tag Archives: estate planning attorney on Long Island

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Can an Irrevocable Trust Save Me Excess Taxes?

Articles, Estate Planning, Estate Tax, Revocable trust, TrustsBy Mitchell Nakhmanovich November 23, 2019

Can an Irrevocable Trust Save Me Excess Taxes? An irrevocable trust can have many benefits, including saving you the excess tax on your hard-gained property. Most of us earn our living with the sweat and blood of our labor, and it hurts to pay excess taxes when transferring ownership of our life’s estate to our…

Living the Bachelor Life—Estate Planning for Single People

Articles, Estate PlanningBy Mitchell Nakhmanovich October 26, 2019

Living the Bachelor Life—Estate Planning for Single People Many people wonder if they even need Estate Planning on Long Island if they don’t have a spouse or kids. Let us give you a clear, unequivocal answer: yes, you do. Regardless of your family situation and circumstances, you should make a comprehensive estate plan. You need…