Mark E. Feinsot, CPA has extensive experience helping individuals, families and business owners establish an estate plan designed to avoid the hassle of probate, create trusts to accomplish your objectives, establish charitable giving plans and minimize estate taxes through a variety of estate planning tools.
A comprehensive estate plan is more than just having a will and it is not a one-size-fits-all model. As a financial professional and CPA firm, Mark E. Feinsot, CPA has a unique ability to see and understand the big picture. The strategies we recommend will take into account your goals and vision for your future and the future of your heirs. We will work with you to tailor a custom plan around the unique needs of your family. Depending on your unique circumstances, we may recommend many or all of the following:
A will is a document that states who you want to inherit your property and who should care of any minor children at the time of your death.
A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts are flexible and are used to accomplish a wide range of goals like avoiding probate.
A power of attorney can be set up to give a trusted individual authority to handle your finances and property if you become incapacitated and unable to handle your own affairs.
A health care directive can be established to communicate your wishes should you become unable to make decisions for yourself. It will include a living will and a power of attorney for your health care, which gives someone you choose the power to make decisions for you should you become unable to do this for yourself.
Many people delay estate planning because they don’t know where to start or find it difficult to make decisions about guardians for their children or trustees or executors for their estate. We understand estate planning can be overwhelming. We'll walk you though all of your options and help you develop a plan that meets all of your current and future needs. Estate planning mistakes can have huge impacts on you and your family, but you can feel confident working with an experienced estate planning CPA firm.
Contact us at (212) 631-0320 today to speak to Mark Feinsot about our estate planning and wealth preservation services.