Estate Planning

Whether you have a modest estate or a taxable estate, advance planning cannot be ignored or delayed.  We give our time generously to our clients so that we may fully understand their planning objectives.  Once we hear the concerns, we utilize our tried solutions assist our clients preserve their estates for their loved ones.  We firmly believe that no estate is similar - we all have our unique facts and circumstances that must be considered.  At Amoruso & Amoruso LLP, we will tailor the estate plan we recommend to YOUR needs. 

For example, we have been successful

• Helping our clients insure that their disabled children or grandchildren are protected in the event of your untimely death.  We utilize Supplemental Needs Trusts in our plan to protect your beneficiaies from the loss of any public benefits they may be eligible to receive (i.e., Medicaid or SSI).  Yes you can leave assets to your loved ones if you utilize these trusts and still protect the assets from government recovery.
• Demonstrating the value and advantages of trasferring assets during your lifetime utilizing Revocable or Irrevocable Trusts to protect the assets from creditors, beneficiaries that may be subject to divorce proceedings or substance abuse issues.
• evaluating your options for business succession planning.
• Illustrating effective planning techniques that maximize the assets transferred to your heirs by reducing your estate and gift tax liability.  Often our clients see the substantial tax savings in Family Limited Liability Companies or Partnerships, Charitable Remainder or Lead Trusts, flexible Marital Deduction planning.
• Reducing the costs and burden of the probate process.
• Providing you with the means to appoint a caretaker for your loyal pet.