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.
Watch Out for These Red Flags When Vetting Probate Lawyers in Queens Here in Queens, probate and estate law cases pop up all the time that require intricate litigation and legal counsel. When you are trying to vet Probate Lawyers in Queens, it’s important to take the time to do the due diligence to know…
The Most Common Mistakes People Make When Looking for a Probate Lawyer in Brooklyn Now that you have made the decision to hire a Probate Lawyer in Brooklyn, it’s important to know exactly what mistakes to look out for so you don’t end up costing yourself a ton of time or money. We have plenty…
The Top-5 Reasons to Hire a Probate Attorney in NYC Making the decision to hire a Probate Attorney in NYC can be a tricky one to navigate. Many people will tell you that you don’t even need a probate lawyer or that they can do all the work on their own. The truth is, trying…
THE FURRY BUSINESS OF PET TRUSTS If you love animals like I do, you often wonder how they perceive the world around them, including us. Do they know when we love them and what love means to them? I certainly believe that animals understand love as a concept. Through hundreds of years of evolution house…
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…
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…
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…
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…
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…
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…