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…
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.
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.
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…
LIQUIDITY & LIFE INSURANCE IN MY ESTATE PLAN It is essential to address issues of liquidity as part of your estate plan. Life insurance may be used as a main liquidity resource in your estate. Some of the most commons purposes for life insurance policies are as follows: • Quick access to cash for your…
FIVE MOST COMMON MISTAKES OF ESTATE PLANNING You may have hired an attorney to prepare an estate plan and now you believe that you are all set, but there are many common mistakes of estate planning. Let’s discuss five most common mistakes of estate planning often made by professionals without adequate experience in estate planning:…
What Most Estate Planning Lawyers in Queens Aren’t Telling You We have made an art form out of taking every step possible to get you the most money possible when planning your estate in Queens and making sure your family is taken care of. Unfortunately, most Estate Planning Lawyers in Queens don’t take the time…
Probate is the legal process that serves to prove or verify your estate after your death. It is a process that helps resolve pending debts, liquidating assets, and distributing them amongst your legal heirs. A probate lawyer near me 11549 can be useful to help navigate the legal quagmire. If you have drafted a Will,…
Can probate really be simple? The myth remains that probate is a process that is complex and tedious. The truth is that proper estate planning probate becomes simple in only four steps. Find a probate lawyer near me 11550 to oversee the estate planning today! Probate As A Process: Probate Lawyer Near Me 11550 The…