In the articles section you can find blogs that discuss all areas of Estate Planning. By going to the articles section and reading some of the blogs you are able to better educate yourself on the different products and concepts of estate planning.
Estate Planning includes:
- Planning for pass through of assets upon death,
- Planning for minors (Setting up guardianship designations or special needs trusts),
- Utilizing tax mitigation strategies (for example the current gift tax exemption),
- Creating a form of asset protection (from creditors and predators or as a form of marital asset protection),
- Setting up healthcare proxies ( giving someone your trust the ability to make healthcare decisions for you in the event you are unable to do it for yourself),
- Setting up Power of Attorney (enabling someone to make executive decisions regarding your assets and finances in the event you are unable to and it is necessary),
- Medicaid or Retirement Planning (Divesting yourself of assets to qualify for Medicaid or Government subsidies),
- End of life planning using living will or last directive (Indicating burial requests and tube feeding or resuscitation in the event it is necessary).
In the articles section we have gone ahead to make it easier for you to find the topic of interest by creating subcategories. Our goal is to make it simple and easy for people to come to our website in order to educate themselves about the different types of trusts for example Revocable Trusts and Irrevocable Trusts or Special Needs Trusts and Supplemental Needs Trusts.
In the articles section you will find the following subcategories:
Estate Planning
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
Asset Protection
A very common concern for people with families or high risk professions for example doctors, lawyers, policemen, firemen, accountants and so on. Newlyweds seeking marital protection and people with large cash liquidity might also be worried about their exposure and seek asset Protection.
Elder Law
At some point in our lives we are done working and are ready to retire and want to know the best practices for retiring. Here you can learn about pass through of assets, divesting of assets and planning for your final days.
Estate Tax
Here you can learn about tax mitigation strategies.
Guardianship
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Living Trust
Everyone wants to plan for events while they are alive and not just after death learn more here.
Probate
What happens when someone dies or passes away with a Will.
Revocable Trust
Flexibility when it comes to planning.
Trusts
The different types or forms of trusts and their uses.
Medicaid Trust
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
Will
Planning for pass-through of assets.
Will and Trust
Different uses of having both documents a Will and some form of Trust.
If you are shopping around or look for ways to vet an Estate planning Attorney/Lawyer and wish to better educate yourself on the topic the articles section is for you.
What Kinds of Circumstances Warrant the Help of a Long Island Probate Lawyer? If you talk to just about anyone who’s been through the process of probating, they will tell you how stressful it can be. There are so many appointments to keep, documents to be filled out and signed, and new legal jargon for…
Ways a Probate Attorney can Help an Executor Choosing whether or not to hire a Brooklyn probate lawyer can be a difficult decision if you’ve been made the executor of an estate. Even if they don’t want legal assistance at the first, eventually, many decide to hire an experienced attorney in Brooklyn to help them…
5 Ways You can Avoid Hiring a Long Island Probate Lawyer One of the first questions a person asks when a loved one dies, is if they will need a Long Island probate lawyer. In most cases, they will be beneficial and help the process move along more smoothly. However, if you and the other…
5 Reasons You Need to Hire a New York Probate Lawyer If you have a family member or someone close to you who just died, you may be hearing new words like estate, probate, and executor. These terms can be very confusing to those who have not learned much about the legalities of the probating…
5 Mistakes Commonly Made During the Probate Process The process of going through the probate courts can raise a lot of questions in families. A lot of these questions revolve around the fiduciary. A Queens probate lawyer can help answer many of the common questions. Maybe you’ve wondered when the fiduciary is supposed to get…
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How a Living Trust can Help You Avoid Probate The term, “probate” is scary for many people. They immediately think of courts taking away property or other horror stories that have been misinterpreted over time. The simple definition of probate is the legal process courts use to confirm a Last Will is valid, settle the…
Time for Estate Planning We all work hard during our lifetimes. We work hard to get the best education possible. We work hard to advance our careers. We work hard to provide comfort and security for our family. Why not continue in the same spirit by addressing our Estate Planning? We get so busy living…
Why do I Need to Hire a New York Probate Lawyer? When you act as the executor for a loved one’s estate, you can feel overwhelmed. It is a daunting task for most people both logistically and emotionally. To begin with, the distribution of a loved one’s estate entails going through every single item. Why…