Estate planning is a crucial process that individuals and families in Yonkers should consider to protect their assets and dependents in the event of their incapacity or death. The Parker Law Firm, headed by attorney David Parker, provides estate planning services to clients in New York, including Yonkers. With over two decades of experience, David Parker can assist clients in preparing the necessary documents to control the management and distribution of their assets, designate trusted individuals to make important financial and medical decisions, and avoid the probate process.
One of the key documents that the Parker Law Firm can help clients prepare is a last will and testament. Without a will, the New York court system will distribute the assets based on predetermined rules, which may not align with the individual's wishes. However, a will alone cannot prevent the estate from entering probate court. To avoid this, David Parker can assist clients in establishing trusts for asset management, such as revocable and irrevocable trusts. A revocable living trust ensures that beneficiaries receive their inheritances automatically and privately, without going to court.
In addition to wills and trusts, the Parker Law Firm can help clients create powers of attorney to designate specific individuals to make financial decisions on their behalf if they become unable to do so themselves. The firm can also assist clients in preparing healthcare proxies to ensure their medical care aligns with their preferences if they become incapacitated.
The Parker Law Firm provides personalized estate planning services to clients in Yonkers. Attorney David Parker carefully listens to clients' needs and concerns to develop a comprehensive estate plan that fits their unique situation. Clients can schedule a free 15-minute discovery call to learn more about the estate planning services offered by the Parker Law Firm. With the assistance of the Parker Law Firm, clients can safeguard their assets and dependents according to their wishes, providing peace of mind for themselves and their loved ones.