As Probate, Estate Tax and Elder Law attorneys servicing New York City and Long Island, we feel it is important that our clients to stay abreast of the latest
news and events associated with probate, estate tax law and
elder care
In 2010, the estate tax has been temporarily revoked for one year and replaced
with an income tax. There are several different options and pending legislation
concerning what could happen for 2010. However, nothing has
been finalized yet. In 2011 the estate tax will be reinstated with an
exemption
of $1,000,000. If this occurs, many taxpayers will be subject to a harsh
estate tax.
There also is pending legislation in New York State on Estate Tax. Please contact us for the latest updates. |
SCHWARTZ & FANG, P.C.
Estate Planning, Probate and Elder Law Attorneys
A renowned estate, probate, tax and elder law planning law firm which represents many prominent families and their closely-held businesses in the metropolitan New York City and Long Island area.
Our commitment to excellence and our focus on the individual needs and concerns of our clients is what sets us apart from the other estate planning, elder planning and probate law firms.
We are known as "problem solvers" and "trusted advisors" for our clients, taking a proactive approach to their needs. We stress the benefits of a full analysis of the legal problems facing a client, and to employ creative and flexible approaches to resolve those problems, all within the economic realities of the issue in question.
In addition to possessing extensive legal experience, our attorneys are licensed Certified Public Accountants who have spent years mastering the tax implications of decisions made during the estate planning and probate process. We are able to detect ways to minimize your estate and income tax exposure while accomplishing your goal to transfer wealth to your loved ones.
As Elder Law attorneys, we can advise on issues affecting aging Americans, including Health Care decision making, guardianship, Medicare and Medicaid.
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