Murtha & Bird P.C. is a reputable estate planning attorney firm located in Westbury, NY, at 45 Post Ave. Our experienced team provides personalized guidance on wills, trusts, probate, and estate administration. We understand the importance of protecting your legacy and ensuring a smooth transition for your loved ones. Our attorneys take a compassionate and results-driven approach to help you achieve your estate planning goals.
Questions & Answers
What is the purpose of estate planning?
Estate planning is essential to ensure that your assets are distributed according to your wishes after your passing. It also helps to minimize taxes, avoid probate, and appoint guardians for minor children. At Murtha & Bird P.C., our attorneys will guide you through the process to create a comprehensive estate plan tailored to your needs.
What is the difference between a will and a trust?
A will and a trust are both essential estate planning tools, but they serve different purposes. A will outlines how you want your assets to be distributed after your passing, while a trust allows you to transfer ownership of assets to a trustee who manages them on behalf of beneficiaries. Our attorneys can help you determine which option is best for your situation.
How can I avoid probate?
Probate can be a lengthy and costly process, but there are ways to avoid it. One option is to create a revocable living trust, which allows you to transfer ownership of assets to the trust, avoiding probate. Our attorneys can help you explore this and other options to minimize the risk of probate.
What is the role of an executor in estate administration?
An executor is responsible for managing the estate administration process, including gathering assets, paying debts, and distributing assets according to the will or trust. At Murtha & Bird P.C., our attorneys can guide you in selecting an executor and ensuring that they understand their responsibilities.
How often should I update my estate plan?
It’s essential to review and update your estate plan regularly, especially after significant life changes such as marriage, divorce, or the birth of a child. Our attorneys recommend reviewing your plan every 5-10 years or when your circumstances change.
Summary 11590
Westbury, NY, is a thriving community with a strong sense of history and culture. Located in Nassau County, it offers a unique blend of urban and suburban living. When it comes to estate planning, residents of 11590 can rely on Murtha & Bird P.C. for expert guidance and personalized service.
Some popular attractions in the 11590 area include:
- The Westbury Village Green
- The NYCB Theatre at Westbury
- The Westbury Farmers Market
