practice areas
David P. Gaccione
Attorney At Law

21 Huntington Street
New London, CT 06320

Email:
dpgacc@snet.net
860.443.1887
Dave Gaccione
 

Estate planning

 

Estate Planning is a process involving the counsel of professional advisors who are familiar with your goals and concerns, your assets and how they are owned, and your family structure. It can involve the services of a variety of professionals, including your lawyer, accountant, financial planner, life insurance advisor, banker and broker.

Estate planning covers the transfer of property at death, as well as a variety of other personal matters, and may or may not involve tax planning. The core document most often associated with this process is your will.
Your "estate" consists of all property owned by you at the time of your death, including:

  • Real estate
  • Bank accounts
  • Stocks and other securities,
  • Life insurance policies,
  • Personal property such as automobiles, jewelry, and artwork.

Regardless of your age, or the size and complexity of your estate, an estate plan can accomplish the following:

  • Identify the family members and other loved ones that you wish to receive your property after your death.
  • Ensure that your property will be transferred to those you have identified, as quickly and with as few legal hurdles as possible.
  • Minimize the amount of taxes that will need to be paid in order for your property to pass to others after your death.
  • Avoid the time and costs associated with the probate process by utilizing estate planning devices like living trusts and "payable on death" bank accounts.
  • Dictate the kinds of life-prolonging medical care you wish to receive should you be unable to make your wishes known when the time comes.
  • Set forth the kind of funeral arrangements you would like, and how related expenses are to be paid.

Understanding the estate plan options that are right for you can be a complex undertaking. Attorney David P. Gaccione, can help you identify your estate planning needs, recognize potential solutions, and help you at every step of the estate planning process.

Please call Attorney David P. Gaccione at 860.443.1887 to setup a FREE Consultation.

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Law Office of Attorney David P. Gaccione
21 Huntington Street New London, CT 06320
Telephone: 860.443.1887
Email: dpgacc@snet.net
 
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