STEVEN M. BASHKER, ESQUIRE
6625 Avenue M
Brooklyn, New York 11234
(718) 209-2392
E-mail: steven@bashker.com


Steven M. Bashker, JD, CPA, LLM

TAX AND ESTATE PLANNING

The knowledge and professional skills of Steven Bashker, Esquire can help you arrange your property and estate so that you benefit from the laws relating to tax, trusts, wills and business entities. Steven Bashker, Esquire can provide you with a comprehensive estate plan and assess your exposure to liability. A comprehensive estate plan can help you avoid or minimize taxes; protect yourself from lawsuits; plan for the continuation of your business despite death, disability, disputes among principals, or other adverse developments; ensure that property is disposed of in accordance with your wishes; and provide for the necessary legal authority upon death or disability.

Wills: A will is the traditional method for directing the disposition of one's property and declaring who that person wishes to act as legal guardian for his or her minor children.
Trusts:

Trusts provide a mechanism to transfer and preserve assets for the benefit of another. Trusts are flexible in that they can take effect immediately or upon the happening of an event and may be revocable or irrevocable.

Living Trusts - a living trust is often used as a will substitute to avoid death taxes, avoid the cost and delay of probate and to keep ones affairs from becoming a matter of public record.
Children's Trusts - a children's trust can be used to transfer assets to children in a manner which shifts income to a lower taxed family member, protect the assets from the parents' potential creditors and can be used for expenses which would otherwise be paid for by the parents.
Insurance Trusts - Insurance proceeds, although not taxable to the recipient, are usually taxed as part of the deceased's estate. An insurance trust provides a mechanism for the transfer of insurance proceeds to the beneficiaries without any estate taxes on the transfer.
Other Trusts - Trusts have many uses in preserving assets, avoiding taxes, passing assets to family, friends, charities and others, maintaining the privacy of ownership interests and addressing other specific needs.
Limited Liability Companies & Limited Partnerships: Limited liability companies and limited partnerships are business entities that due to tax and other laws provide for great flexibility in estate planning, asset protection and business continuation planning.
Asset Protection: In today's litigious society, the deeper your pockets, the greater the risk that you will be sued and all or much of what you own will be placed in jeopardy. The knowledge and professional skills of Steven Bashker, Esquire can help protect you from losing your hard earned property as a result of lawsuits and judgments. You can usually prevent a lawsuit from causing you financial ruin by structuring your financial affairs in a manner which allows you to place your assets outside the reach of judgment creditors.
Advance Medical Directive: An advance medical directive designates another person or persons with full power and authority to make health care decisions on your behalf whenever you have been determined to be incapable of making an informed decision about providing, withholding or withdrawing medical treatment. This document prevents confusion about whether a doctor has authority to provide or terminate treatment.
Durable Power of Attorney: A durable power of attorney designates a trusted person who may act on your behalf with respect to your property in the event that you become disabled. This document prevents your financial affairs from deteriorating due to lack of authority to deal with your property.

STEVEN M. BASHKER, ESQUIRE
6625 Avenue M
Brooklyn, New York 11234
(718) 209-2392
E-mail: steven@bashker.com