***As many know by now, the 2010 Tax Relief Act – a sweeping tax package that includes important Estate Tax relief – was signed into law by President Obama on Dec. 17, 2010. Please go to our News Page for an outline of some of the highlights of the new Act and how it will impact on your personal and business planning.

Practice Areas

At Plotnick & Ellis, P.C., we assist clients in all of the following areas. For more detailed information, please review the Planning Overview portion of our website.

Estate Planning
The preparation of a blueprint for the future security of the client and the client’s family.

Powers of Attorney
Protect the client in the event of a serious illness, or the inability of the client to handle his or her own affairs.

Wills
Designate whom the client wants to receive his or her property at death, how they want them to receive it, and naming the people who will administer the estate at death.

Trusts
The perfect vehicle to make certain that the client and the objects of the client’s concerns are protected in the event of domestic problems, creditors and predators.

Settling Estates
Working with executors, administrators, trustees and guardians to administer the estates of deceased persons, including the preparation of death tax returns and the important area of post-death planning.

Lifetime Gifting
Reviewing the many techniques available to make gifts to family members and charities with an emphasis on tax savings for the beneficiaries.

Retirement Planning
Reviewing the available options to provide a secure retirement.

Business Planning
Assisting in the choice and formation of the business entity, and preparing the necessary documents to coordinate the transfer of business interests to reduce or eliminate the economic hardships caused by the imposition of state and federal taxes.

Real Estate Planning
Coordinating the titling, purchasing, and transfer of real estate interests to conform to the client’s overall plan.

Special Needs Planning
Assisting the client by creating a tailor-made program to meet the specific needs of each beneficiary.