Your estate plan offers you a unique opportunity to protect and provide for your loved ones, manage and protect your material wealth, and ensure that your own wishes are honored as you age. Giving everything your estate plan can do for you, your choice of attorney takes on a heightened importance. The estate planning attorneys at Kobrick & Moccia are acutely aware of the importance of your choice and would be honored to be selected to assist you with your Malverne, New York estate plan.
Malverne, New York
The Village of Malverne is located within the town of Hempstead in Nassau County, New York. Covering just one square miles, the population of Malverne was 8,514 at the time of the 2010 census.
Located on a portion of Long Island that what was once the tribal territory of the Rockaway Indians, the area now known as Malverne began to attract European settlers around the turn of the 19th century. In 1870, the Hempstead and Rockaway Railroad connected Valley Stream with Hempstead. At that time, a company which transported manure in flatcars to be sold as fertilizer to farmers was located close to where the railroad crossed the modern day Franklin Avenue at Bridgeport Station. During the hot summer months the smell from the manure led to the area earning the unflattering nickname of “Skunk’s Misery.” That led to the (untrue) urban myth that Malverne was once actually named Skunk’s Misery. In truth, the village was originally called Norwood; however, because there were several other Norwood’s in the State of New York, this led to confusion. Consequently, some of the village’s early leaders began the search for a new name around the turn of the 20th century. In 1913, Ernest Childs, who was originally from England, suggested the village be named after a town in England called Malvern which was known for its green spaces and yearly George Bernard Shaw festival. The suggestion was met with approval and the Village of Malverne was officially born. Less than a decade later, in 1921, the village was incorporated.
Malverne’s population grew sufficiently over the next several decades to qualify the village for “first class” status by the 1940s. By then, the village had developed a thriving artistic community, with several Broadway actors taking up residence in the village. Numerous shows were staged in the village along with an annual art show. After much of the farmland was sold for development and the Long Island Rail Road shortly thereafter, the village population increased noticeably. Today, there are over 3000 homes in the village and the population is estimated to be close to 10,000 people. With New York city less than an hour away, many residents commute for work or simply take advantage of the dining, shopping, and entertainment opportunities in the Big Apple on weekends and holidays.
Kobrick & Moccia in the Malverne, New York Community
Estate planning involves much more than just deciding what will happen to your assets when you are gone. A well thought out estate plan should also protect those assets and help them grow while you are alive as well ensure that they continue to provide for your loved ones when you are gone. At Kobrick & Moccia we are dedicated creating lifelong relationships with our Malverne, New York clients so that we can help you create a plan that accomplishes all your goals.
A successful estate plan requires a solid foundation; however, it also requires nurturing. Consequently, your estate plan is not something you create and forget about once it is in place. Instead, your estate plan is something that will need to be reviewed and updated throughout the course of your life as your estate and your family grows. Initially, your focus may be on nothing more than ensuring you do not leave behind an intestate estate should something happen to you. As such, a Last Will and Testament may be all you need in the beginning. Deciding to marry and/or become a parent, however, will change that as you now have a family to protect and provide for in your plan. At that point, you may decide to create a trust to protect your minor child’s inheritance, for example, as well as incorporate incapacity planning into your overall plan. As you move into middle age, you should begin merging your retirement plans with your estate plan to ensure that the two plans work in harmony with each other. Long before you reach retirement age, however, you should also consider adding Medicaid planning to your estate plan to ensure that you can afford the high cost of long-term care. Funeral planning along with advance directives should also be included in your overall estate plan if you want your wishes to be honored with regard to end of life medical treatment.
The estate planning attorneys at Kobrick & Moccia would be honored to help you create and update your individualized estate plan to ensure that everything and everyone that matters to you is protected.
If you have specific questions regarding your estate plan, contact an experienced Malverne, New York estate planning attorney at the Law Offices of Kobrick & Moccia by calling 800-295-1917 to schedule your appointment.