Brookville Estate Planning Lawyer

Wealth Management & Legacy Planning for Everyone

The Village of Brookville is located within the town of Oyster Bay in Nassau County, New York. As of the 2010 census, nearly 3,500 residents called Brookville their home. The Village is home to the C.W. Post Campus of Long Island University, Post campus's cultural venue, the Tilles Center, as well as Long Island Lutheran Middle School and High School. Brookville was dubbed the wealthiest town in America by Business Week, which makes sense why notable figures such as Cynthia Roche and Jennifer Lopez have called Brookville their home.

Estate planning is extremely important for managing your wealth and reducing the tax consequences upon your estate. One of the principal aims of estate planning is to maximize the value of an estate while, within the confines of the law, reducing taxes. Despite the fact that estate planning is a critical component of managing one's assets, all too often people delay planning because they think they're too young, they don't have enough accumulated assets, or they simply aren't comfortable thinking about their own mortality.

If you die without an estate plan, your assets will be distributed according to New York's intestate succession laws (dying without a will), and in this day and age of blended families and multiple marriages, your assets probably won't be distributed the way you would have wished.

With an estate plan in place, you decide who gets what when, and not the government or the court. You can also appoint an executor of a will, a trustee of a trust, you can name a guardian for your minor children, and you can use advance directives to designate someone you trust to make health care and financial decisions for you if you become incapacitated due to a serious injury or disease.