If you have assets or minor children, you could benefit from a well thought out estate plan. And contrary to popular belief, it is never too early to create one. Many individuals shy away from estate planning since the process appears time consuming and emotionally involved.

It is so important to make your final wishes known and prepare properly so that those you love are not additionally burdened by the administration of your estate upon your eventual passing. To make your wishes clear and legally binding, you should prepare an estate plan, or a set of directions as to how your money, assets, belongings, and health care should be handled. This will certainly include the execution of a Last Will and Testament and may also incorporate the use of Powers of Attorney, Trusts, Life Insurance Policies and Advanced Directives for Healthcare.

You need an attorney trained and experienced in this area of the law to make certain that your assets (money, personal property, real estate, investments, pensions, business interests, life insurance, IRA’s, etc.) are distributed in such a way that will minimize Federal and State taxes and maximize the value of the property you worked so hard to acquire during your lifetime. Michael J. Piromalli will make suggestions, answer any questions you may have and draft these crucial documents to accomplish all of your financial as well as your personal goals.