Estate planning is a must for elderly people. Avoiding it can bring no good to them nor to their family. Some try to avoid it because they don’t want to plan for their death before it happens. But such things should not stop a person from framing an estate plan. If a person wants to…
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:
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
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.
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.
Here you can learn about tax mitigation strategies.
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Everyone wants to plan for events while they are alive and not just after death learn more here.
What happens when someone dies or passes away with a Will.
Flexibility when it comes to planning.
The different types or forms of trusts and their uses.
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
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.
When you are planning to prepare your estate plan, or make documents, there must be some questions in your mind. Some of the questions could be like why recruit a lawyer to assemble your estate plan? What might be so troublesome about submitting your desires to a bit of paper and marking it? In the…
During times like this, where we have the pandemic all around the globe, a lot of people get worried and think about death. It is quite a natural thing to do, and such situations are the only time we start thinking about the future. We also begin to think about what would happen once we…
According to the law, any estate that values more than $11.58 million will have to go through the probate process. This law applies to all the states in the United States of America and some state have extra laws. If your estate valuates less than the threshold amount, then your estate does not have to…
There are a lot of people that have longed to leave their organization to their families. Yet, they never make any plans to add their business to their estate plan. If you do not do it on time, it might turn into a bad dream for your beneficiaries and your business employees. To guarantee your…
The sole objective of estate planning is to make sure that the heirs of the estate acquire everything upon the death of the estate planner. Each heir should get what the estate planner has intended to give them. Without an estate plan, the assets may go to the control of the court. Then the court…
The process of estate planning is mainly about managing an individual’s assets after his death. In the case of a minor, it is extremely important to plan the estate to secure the child’s future. If you consult an Estate Planning Attorney Near Me 11575, the process will be easier to you. What Is Estate Planning?…
Why do you think estate planning is essential? Or what can be the most significant reason behind planning your estate from before? Well, it is all about giving your loved one a safe transfer of property after you die. Hence hiring an estate planning attorney near me 11572 is essential. The lawyer will ensure the…
The assets of a person get into the settlement process after his death. The digital asset is a new kind of investment, which needs proper estate planning. For that, you may consult an estate planning attorney near me 11570. What Is A Digital Asset? Generally, there is no particular legal definition of the digital asset.…
The price that an estate planning lawyer charges depends on the type and size of your estate. Fee structure of a lawyer depends on the documents you need for the estate planning process. If I were in your place, I would immediately hire an estate planning attorney near me 11569. Proper planning of estate is…