Member of New York's premier Elder Care Groups:
The Orion Resource Group
Senior Umbrella Network
Iris Bikel, Attorney at Law
Estate Planning and Elder Care
Wish to organize your Estate
in order to protect you and
your heirs so that your
family can enjoy the assets
that you have taken a
lifetime to accumulate?
We will work through the
maze to find the plan that's
right for you!
Wills, Trusts & Estate Planning
|Bypass Trusts||Crummy Trusts|
|Living Wills||Health Care Proxies|
|Education Trusts||Medical Trusts|
|Gift Trusts||Marital Trusts|
|Charitable Trust||Generation Skipping Trust|
Annual Gift Tax Exclusion - Each year you can give up to $13,000 to
any indvidual you wish, or $26,000 as a married couple. tax free!
LLC or Family Limited Partners - By using creating an LLC rather than
a Corporation, you get all the same advantages but avoid double
taxation. An LLC provides limited liability protection to its owners
who aren't responsible for the business debts and liabilities.
FLP's offer asset protection for partnership property and credit
protection to the limited partners.
Fractional Interest Gift - By transferring partial interests in real
property to someone else, you can obtain a fractional interest
discount for estate and income tax purposes.
Charitable Trust - A charitable trust lets you generously gift property,
and still give your family a huge tax break.
Private Foundation - This is for the wealthy families and provides tax
benefits on property transfers.
Irrevocable Education Trust - Takes assets out of your estate to pay
for your children or grandchildren's education.
Irrevocable Insurance Trust - Allows for insurance policy proceeds to
go to loved ones free of income, inheritance and estate taxes.
Revocable Living Trust - A tool to avoid probate and manage one's
Are you worried about how you will be cared for should you become
Do you or a loved one need a nurse's aid?
Are you ready to move to an Assisted Living Facility but don't know
how to pay for it?
Is someone in your family so ill that they require Nursing Home care?
Do you feel that you have too much income or assets to receive the
assistance that will pay for the type of care you desire and need?