The Tough Part of Business: Estate Planning Tips NYC Estate Planning Tips If you are an entrepreneur, you have probably set up your business with your own sweat and blood. You worked hard through the years to improve your brand and make it credible for target audiences. Now, as you stand on the precipice of…
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.
How does One Transfer Real Estate into a Trust? The nature of life itself is such that there are things that can make your brain hurt. Take the example of a Japanese puzzle box. These tiny boxes made of pliable wood, worked to perfection, are beautiful to look at. However, in order to get to…
Incapacity Planning: The Concept and Required Documents Estate planning in Staten Island is, undoubtedly, a tool enabling you to make serious life decisions. It allows you to look after the people you hold dear even when you’re not here. As grim as it may sound, it’s a task that needs to be checked off from…
Funding Your Trust – What Is It And How To Do It? Simple life decisions such as ordering food and choosing an outfit for an event are one and done decisions. You make the purchase and then consume the product in whatever capacity. You don’t necessarily have to go back and make changes/additions to keep…
Geographical Boundaries: Estate Planning for Property in Multiple States Just a couple of hundred years ago, most people lived and died in the same town. They met few people, made fewer friends, and couldn’t imagine a world beyond the borders of their hometown. Today, you would feel suffocated if you stayed in the same place…
Getting Your Affairs in Order – Finding the Right Estate Planning Lawyer in NYC You run into tons of law practices at every corner of New York City, but is there a way of separating the competent from the incompetent? It turns out that there is! If you are looking for estate planning in NYC,…
Till Death Do Us Part – Estate Planning Tips for Unmarried Couples Not everyone believes in marriage, and marriage is not always about love. In fact, if we revisit history, marriage has always been an economic or social transaction. It was only late in the 18th century that it became the ultimate symbol of love…
Does an Executor Need to Hire a Probate Attorney? For the most part, if you are working through or facing probate proceedings, you’ll need a Brooklyn Probate Lawyer. They can at least provide legal counsel to help you, as executor, distribute assets according to the wishes of the deceased. There is no law that states…
5 Things to do prior to Meeting with Your Probate Attorney Losing a family member or loved one is never an easy thing. Once the person has passed away, the probate process kicks in. This is a legal process used to collect and manage all the assets of the person who has deceased. There are…
Top Seven Ways a Queens Probate Lawyer can Help You Work Through the Complex Probate Process No one typically sits around thinking or talking about wills, death, or probate. But eventually, these matters will need to be discussed especially between family members. The best thing about hiring a Probate Attorney in Queens, is not having…