THE MEDICAL PROFESSION IS AT RISK OF EXTINCTION! What every medical professional needs to realize is that litigation is business. It is a form of trade that some attorneys practice. It is a form of business that some non attorneys, your patients, use as means and income for living. There is an argument to be…
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PLANNING FOR REAL ESTATE PROFESSIONALS If you are in real estate business, investing, building and /or renting, your estate and asset protection planning must be flexible to allow you to borrow, sell, collaterize, lend, rent etc. Your risk of liability comes from different aspects of what you do. If you rent, your tentats may sue…
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THE WEDDING BELLS ARE RINGING! It is spring and many of you are tying the knot this spring or summer. It is a very exciting and unique time in your life when you are preparing to share your entire self with someone else. Even though we are super excited for you, we wanted to get…
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FIRST PARTY SPECIAL NEEDS TRUSTS – WHAT EVERYONE IS TALKING ABOUT BUT NOT EVERYONE UNDERSTANDS WELL. Have your ever heard of a First Party Special Needs Trust? So you or someone you know just received a settlement payment in connection with a recent car accident or work related injury. You or someone that is a…
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YOUR FACEBOOK, TWITTER, & EMAIL ACCOUNTS, TO NAME A FEW. DO YOU NEED PLANNING FOR DIGITAL ASSESTS? Who do you want to have assets to your digital footprint after you are gone? Have you ever thought about that? Would it be embarrassing/upsetting for a member of your family to see some of the photographs or…
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I AM NOT A U.S. CITIZEN. DO I NEED ESTATE PLANNING? The short and definitive answer is – ABSOLUTELY! The longer answer: If you reside in the United States and you are not a citizen, most often the same US estate and gift hurdles apply to you under Internal Revenue Code and Regulations as to…
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LIQUIDITY & LIFE INSURANCE IN MY ESTATE PLAN It is essential to address issues of liquidity as part of your estate plan. Life insurance may be used as a main liquidity resource in your estate. Some of the most commons purposes for life insurance policies are as follows: • Quick access to cash for your…
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FIVE MOST COMMON MISTAKES OF ESTATE PLANNING You may have hired an attorney to prepare an estate plan and now you believe that you are all set, but there are many common mistakes of estate planning. Let’s discuss five most common mistakes of estate planning often made by professionals without adequate experience in estate planning:…
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What Most Estate Planning Lawyers in Queens Aren’t Telling You We have made an art form out of taking every step possible to get you the most money possible when planning your estate in Queens and making sure your family is taken care of. Unfortunately, most Estate Planning Lawyers in Queens don’t take the time…
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