Estate planning is very important to make sure what you want to happen happens. Listen in as WTR interviews Thomas Sciacca, Esq and discuss the ins and outs of the basics, some less common information as well as common misconceptions.
Wealth Tactic Rebels interviews http://sciaccalaw.com/ (Thomas Sciacca, Esq of the LAW OFFICES OF THOMAS SCIACCA, PLLC) with a focus on Estate Planning. Located in Manhattan, he founded the firm in 2007. His firm focuses their practice on estate planning, estate and trust administration, Surrogate’s Court proceedings, guardianship proceedings in the Supreme and Surrogate’s Courts as well as planning for parents with minor or adult disabled children.
Thomas Sciacca, Esq of the LAW OFFICES OF THOMAS SCIACCA, PLLC tom@sciaccalaw.com (212) 495-0317 http://sciaccalaw.com/ (https://www.sciaccalaw.com)
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Transcript [0:00] Wealth Tactic Rebels. [0:23] I'm your host, Kevin Dumont. And I've been thinking differently in the wealth field for over 10 years. We are joined today by Thomas Sciacca of Sciacca Law Thomas is an expert in Estate Planning and wills and things of that nature. [0:49] Talk about this firm specializes exclusively. Very simple what someone is attempting to validate so well. How to produce about this year's I am finally also. That's why someone challenges, lactic acid or undue influence exercise. Somebody else also so we get involved in all this. Probably less than three or four dozen. [2:03] Really New York people's emotions are running errands to do something. Question someone else's motives and especially when you're dealing with you guys and money to children and unequal shares sometimes you're dealing with you sister this is just the latest Skirmish in in an ongoing War yeah used to refer to this is the Melrose Place of the law but it says that younger and I'm younger and I got older and older that that reference to come all this way and it depresses me significant, show Estate Planning in proper. [3:16] Well sometimes we like it. Estate planning first in some sort of document transfer stencils on. For some people or a trust of some sort is also. Things such as advance directive which are a series of documents all the power of attorney your health care proxy for a living will and very little, Zara battery of documents song. [4:12] So what's involved in doing something like that again what is the typical estate is sort of an interesting question, my clients really range, Charles Jennings case something happens to me. [4:47] Batman Portuguese some bad medical trying to get there, appliances red wagon wheel shaking as we talked about her well is always glad at the end. Look forward to go. When you come back you feel like you have a great sense of accomplishment something I have to do. Names that idea I was happy exactly like there's no typical estate planning. [5:45] A lot of people usually do in these situations some very broad parameters, just about anything that you would like. [6:04] I should be clients and the Dirty Work and really reflects the client's personal wishes so just taking something off. Yeah we're young married couple in this situation should you was also not the right answer 6 winged flying I mean you know I was going to say that it's not something that someone doesn't want to talk to you about buying a literal also rock form online or if you're talkin about coming in to sit with an attorney and say look I want to leave here in 45 minutes to sign the will. You're probably doing yourself a disservice show me a girl. State Farm prices of admission consultation, take me to 1609 Mission constipation. Why is choosing to revise. [7:23] I will talk a little bit about their assets as Madison's World, people who are investors a lot of times their assets that don't be beneficiaries at those that do like a retirement account life insurance policy. Talk about this sketch out from there I chased you up letter from you stating all the bells...