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Disputes Mediated by Mr. Sankary

Types of disputes in which Mr. Sankary excels are the following:
Approach to Conflict Management
The success of Mr. Sankary’s approach to conflict management is based upon five factors:

Estate planning

Estate planning is really planning for how you want to manage your financial affairs both during your life and upon your death. You have spent a lifetime accumulating assets and you want to make sure that you are protected should you become incapacitated. On your death, you want to make sure that your assets go to the persons whom you want to benefit, and not to the State.

Just as you must take responsibility for your medical health, you should spend time taking care of your financial health. After all, you may not be able to rely on others for help when you need it the most.

Responsible people will make sure that as a minimum, they have a Will that tells the court how they want their property to be distributed on their death. Remember, a Will is nothing more than instructions to a Probate Court about how you want your property to be managed on your death. The Will has a very limited purpose. Your estate will be subject to the delay, publicity and expense of probate proceedings if you only have a Will.

Most estate planner urge their clients to have a Trust as well as a Will. The Trust describes how you want your assets to be managed while you are alive even if you are disabled. The Trust also serves as a substitute Will - except there is no need for a probate! Upon your death, the person named as successor Trustee will immediately have authority and responsibility to take possession of all your assets (without court proceedings) and follow your written instructions in the Trust to distribute all or a portion of the assets to your named beneficiaries in the amounts and at the time you have specified. The entire proceeding is private and without probate. The cost of administration is a fraction of the probate proceedings.

In addition to a Will and a Trust, it is important that the title to your properties or bank accounts be transferred to the Trustee - you are the first Trustee, so you are always in control. By transferring title of your assets to your name as Trustee, you will be assured that the distribution of your assets will avoid probate.

In addition to the above, we also recommend powers of attorney for health care and for property management. This will protect you in the event you are incapacitated and you cannot make decisions about your health care or about your property.

This information is provided as a general public service. Should you want a Will or Trust, you should consult with a lawyer (not a paralegal or insurance salesman) to make sure that you receive proper legal advice about these important documents.

Whatever you do, don't delay in getting your affairs in order. Sometimes, we have no control over events that affect our life and death. That is why you should promptly put your affairs in order so that those whom you care about the most will know exactly what to do to help you when you need it most.

Please call Myer Sankary, should you want to discuss your estate planning further.