More often than not, people spend very less time on estate planning. They’d rather spend more time shopping and doing other activities. Estate planning is not something that can be completed with minimum planning and effort. After all, it is about choosing the heir of your estate or assets. Remember you worked hard for them…
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.
Estate planning refers to strategies to plan your future, legacy, and transfer of your assets to your predecessors. If in future you pass away or get incapacitated, then the estate plan will help both you and your loved ones. Often people believe that estate planning is a thing of old age or later stages of…
Estate planning is something that requires a lot of strategising and informed decisions. It helps you plan your future and the legacy that you will leave behind for your loved ones. Ever wondered what will happen to your assets when you pass away. You do not want your life’s work to go to waste. Whether…
Estate Planning Attorney Near Me 11563 Explains Difference Between Estate Planning and Will Planning
Estate planning and will planning have become the new talk of the town nowadays. Everyone wants to go for these terms. However, the fact is that most people believe them to be similar. Well, this is not the fact. You can always ask the Estate Planning Attorney Near Me 11563 to explain this difference in…
How can cross border families plan for international estate planning? Can they get any help from an estate planning attorney near me 11561? What are the different ways in which an attorney can assist such families to overcome such complexities involved? Well, there are different ways of doing so. An estate planning attorney near…
We live in a fast-paced world and do not get the time to put our matters in order. Moreover, we spend more time planning vacations and dinner spots. However, we should use this time to plan our estate and decide who will receive our assets. It may sound like a tedious task, but an Estate…
Estate Planning is a process where you prepare your assets in the event of your death. It is an important process as it could avoid future conflict. An estate could involve assets such as houses, property, stocks, cars, and insurances. Estate planning determines how your assets undergo partition. This planning consists of creating a will,…
The Estate Planning process helps you determine who, and how much your heirs will inherit when you die. We may think estate planning is for the rich, on the contrary, it is for anyone with sizeable assets. If you do not want to heirs to engage in property disputes, then plan your assets and divide…
The ongoing rise in the Covid 19 cases has helped us to remember that we are not ready for a normal life. The general wellbeing and financial emergencies brought about by the pandemic have had numerous impacts. For some individuals, this has started a restored and critical interest in estate planning, refreshing and updating their…
Estate planning is something that aims at securing the life of a family whose sole earner is dead or gets incapacitated. You must frame an estate plan if you care for your family. Without an estate plan, your loved ones might go through a lot of problems after you are gone. So avoiding to make…