Individuals live different lives with different goals and values. So, why would one type of Last Will and Testament or Revocable Living Trust fit the requirements of all individuals? The answer is that it does not.

At Richard B. Schreibstein, LLC, we understand the complicated family dynamics that can drive choices of family members. We work closely with you and your financial consultants to create an estate plan that is specificallycustomized for you. All aspects of your life are considered prior to the formation of a plan, such as your business and personal goals, your financial commitments, including planning for college funds, and your short and long term retirement requirements.

Our goal is to provide you with a specialized estate plan that will grow with you as your business, family and lifestyle change. We strive to minimize and defer the payment of taxes to ensure the maximum amount of your hard earned assets pass to those of your family members and loved ones designate by you. We successfully accomplish this goal through the following:

• Assisting you with the management of your assets during your lifetime and creating documents to protect your assets should you become incapacitated.
• Providing estate and gift tax planning to minimize and defer tax consequences.
• Providing for the orderly distribution of your assets to those recipients designated by you.
• Providing incomefor family members and loved ones.
• Creating an appropriate trust for the special needs of a family member.
• Taking into consideration your charitable inclinations now and in the future.
• Ensuring that proper guardiansbe appointed for your minor children.
• Instituting a five year follow up plan to review all your estate planning to ensure your wishes are still being met.

Each estate plan includes the preparation of documents that are invaluable during your lifetime should you become incapacitated – a Transactional Power of Attorney, Living Will and Advance Medical Directive.

Multi-Generational Estate Planning and Business Succession Planning.

This is an estate plan specifically designed to utilize the business owner's past, present and future business ventures and private investments to create numerous estate planning mechanisms to hold and invest portions of such ventures for future generations. This type of planning involves an ongoing dialog between the client and the attorney to create evolving estate planning documents that dovetail with the business owner's ventures, personal investments and real estate transactions. For further information, please see the link to our Multi-Generational Estate Planning Brochure.

Call

443-276-1818

for

Multi-Generational and Business Succession Planning

or

Lifetime Planning and Estate Planning for Same Sex Couples

Lifetime Planning and Estate Planning for Same Sex Couples.

Unfortunately, standardized estate planning documents are not suitable for same sex couples, since they do allow for any of the protections granted by laws enacted for the benefit of state recognized and sanctioned civil marriage. Consequently, planning for the same-sex couple requires specialized documents that will be upheld by a court of law, should they be contested by disgruntled family members. Therefore, it is important for same sex couples to seek out and retain attorney's familiar with drafting estate planning documents that will protect a partner's rights and ensure assets pass in accordance with the decedent's specific wishes, especially if the decedent wants such assets to pass to a loved one who would otherwise not be considered a legal heir. For further information, please see the link to our Lifetime Planning and Estate Planning for Same Sex Couples Brochure.

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