New York Estate Planning Services

We all know that the world will go on without us one day, and we want to make sure it's as positive of a world as possible for our family and friends. Preparing in advance with knowledgeable estate planning is a powerful step toward that goal. Our CPAs and financial specialists at Roman & Associates provide in-depth, knowledgeable estate planning services for any aspect of your planning that you might need.

Asset Distribution Directives

Asset distribution is the most well-known aspect of estate planning. Our team will walk you through a detailed inventory of your financial assets, including real estate, stocks, business assets, and more. From there, we'll help you determine how to divide them among your loved ones.

Dependent Guardianship

If you have minor children, you want the peace of mind of knowing who will care for them if something happens to you. Our estate planning experts will help you explore all your options and the factors to consider so you can determine a guardian for your children as well as backup guardians.

Life Insurance Planning

It's difficult to know how much life insurance you need in order for your family to cover any expenses after your passing and to continue to live in financial comfort. Our New York CPAs have the expertise to discuss all the expenses you may need to plan for, the loss of income, and other financial necessities that affect how much life insurance you need.

Medical Directives

Estate planning not only plans for what will happen after your death but what will happen if you are incapacitated as well. For example, if you become medically incapacitated, your estate planning can detail the circumstances under which you may wish to remain on life support or to withdraw life support.

We will also help you plan to give power of attorney to specific people in your life, enabling them to make your medical decisions, manage your finances, and take other important actions if you're incapacitated. There are multiple types of power of attorney, and our team can counsel you about the various options.

Estate Tax Counseling

Taxes are an important consideration in estate planning as well. While our CPAs are New York-based, we have worked with clients in all 50 states and abroad. We'll be able to discuss your state or country's estate tax practices and, if necessary, help you take steps to lower your beneficiaries' tax liability.

Estate Planning Modifications

Over time, your financial circumstances or family circumstances may change can this can affect your estate planning. In addition to your initial estate planning, our specialists can help you make any modifications you may need. If you have questions about your recent life changes, we can also counsel you about how they affect your estate planning and recommend appropriate modifications.

To start your estate planning process, call Roman & Associates CPAs today.