Estate Planning Attorney Queens

Elder law and estate tax planning remain crucial in 2026 amid federal exemptions rising to $15 million per individual ($30 million for couples) and New York's $7.35 million threshold with its "cliff" provision. The Law Offices of Ann-Margaret Carrozza addresses common questions to help Queens and Nassau residents protect assets from taxes, Medicaid spend-down, and probate. Federal Estate Tax Exemption in 2026 Q: What is the 2026 federal estate tax exemption? A: $15 million per person, doubled for spouses, shielding larger estates from the 40% tax. This permanent adjustment via recent legislation offers planning flexibility, but annual inflation adjustments apply. New York State Estate Tax Rules Q: How does New York's 2026 estate tax work? A: Exemption at $7.35 million; estates over 105% face full taxation up to 16%. No spousal portability means strategic gifting and trusts are vital to avoid the cliff. Elder Law and Medicaid Planning Q: H...

Planning for the future is one of the most important steps you can take to protect your family, your assets, and your legacy. Yet for many people, estate planning feels overwhelming or easy to postpone. Working with an experienced Estate Planning Attorney in Great Neck brings clarity to the process and ensures your wishes are honored, no matter what the future holds. Estate planning is not just for the wealthy or elderly. It’s for anyone who wants control over how their assets are managed, who makes decisions on their behalf, and how loved ones are cared for. Why Estate Planning Deserves Professional Guidance Online templates and generic documents may seem convenient, but they often fail to address personal circumstances or New York–specific laws. An estate planning attorney provides customized legal strategies tailored to your goals, whether you are safeguarding property, planning for children, or minimizing tax exposure. A skilled attorney helps you create and m...