Lifetime Management Strategies

Much of estate planning focuses on what happens to your estate at the time of death. At Levine DeSantis, LLC, however, we recognize what happens during your lifetime is equally important.

From our office in Springfield, New Jersey, our attorneys assist clients with financial and legal strategies for structuring, protecting and gifting assets during their lifetime. This is an important part of elder law planning and contingency planning in the event of a disability. Contact us to learn more about strategies you could implement.

Lifetime Planning For Whatever Tomorrow Brings

A key consideration in lifetime planning is making provisions for the chance you could be incapacitated at some point in your life. In the event an accident or illness puts you in the hospital for an extended period of time, how much peace would it give you to know all of your affairs were in order? If your capacity is diminished, even if by old age, you want to know everything is being taken care of — someone is paying your bills, paying your taxes and advocating for your health care.

We can help you implement strategies and utilize tools that will provide for your care or the care of a loved one, including:

  • Power of attorney to manage legal and financial affairs
  • Living will and advanced healthcare directive to manage medical affairs
  • Revocable living trusts to manage assets

For individuals who are in their later years, or who are caring for older family members, we have elder law attorneys familiar with legal issues that impact the elderly. We can help you figure out how to care for the elderly without sacrificing all of your personal assets. We can also assist you in obtaining government benefits such as Medicaid.

Lifetime Planning to Preserve Your Assets

Another aspect of lifetime planning and elder law planning looks at what you can do today to preserve more of your assets at the time of death. There are many things you can do now to lighten the tax burden of your heirs later.

We advise clients on a wide range of options in this area including:

  • Gifting
  • Succession planning
  • Irrevocable trusts
  • Entity planning

The planning you do today really does pay dividends tomorrow, for both yourself and your family. Get the peace of mind that comes from knowing your affairs are in order. Contact us to discuss your lifetime and elder law planning concerns with an understanding and experienced lawyer.