Estate Planning Law
Primary Contacts:
The Maiello, Brungo & Maiello Estate Planning Law Team is experienced at developing and applying cost-saving, tax-effective strategies when preparing an optimum estate plan for you. MB&M Estate Planning Attorneys will provide you with an estate plan that ensures your wishes for distribution, while minimizing the payment of estate taxes. As part of our Estate Planning services, we are highly skilled at reducing estate taxes when planning Family Business Successions.
Estate Planning
Regardless of your age or the size of your estate, preparing your estate plan now assures that you, not state laws, determine how your assets will be distributed. Get the peace of mind you need and deserve with Maiello, Brungo & Maiello’s Estate Planning Law Team. You’ve worked hard for what you’ve earned and are entitled to know that your assets will be distributed per your directives. Our Estate Planning Law Team is comprised of trusted attorneys who will assist you in the development and implementation of your estate planning strategy. We are experienced in the drafting of last will & testaments, living trusts, life insurance trusts, charitable trusts, and family-limited partnerships. We can also provide advice on lifetime-giving strategies, such as gifting and other similar arrangements. Our Estate Planning attorneys will review options that will allow you to control the distribution of your assets to your children, grandchildren, or other minor beneficiaries and assist you in ensuring that these assets are disbursed in an effective manner through a trust or other strategically planned provision. With proper estate planning, you can minimize (and in some instances, eliminate) the impact of federal estate tax, as well as state inheritance taxes.
Power of Attorney & Living Will
As part of the estate planning strategy, Maiello, Brungo & Maiello will protect you with a power of attorney and a living will. Your power of attorney appoints a trusted individual or entity to act on your behalf for health care purposes or financial matters in the event you are unable to act on your own behalf. Your living will legally spell out the kind of medical care, life support, and surgical procedures you do or do not want, making your requests evident and easy to understand for all concerned. Maiello, Brungo & Maiello will help you document these critical choices, so that your decisions control your care and well-being.
Family Business Succession Planning
Are you the owner of a closely held or family-operated business? Have you developed a succession strategy for your business? Ensuring a successful transition for your business to the next generation requires advance planning. Whether the future of your business rests with your family members or key employees, your vision can only be achieved by way of a well designed plan. Maiello, Brungo & Maiello can assist with strategies including:
- Gifting
- Insurance Policies
- Buy-Sell Agreements
- Consulting Arrangements
- Trusts
The Estate Planning Law Team of Maiello, Brungo & Maiello will recommend tax-effective strategies that minimize taxes upon death in relationship to your business succession plan. Our Estate Planning lawyers specialize in business succession planning and can provide invaluable advice on tax-saving approaches in order to protect the maximum value of your estate.
