As a parent to a minor, you are mindful of the value they hold in your life. Children are valuable treasures and deserve the best care if anything goes wrong with the parents. Thus, estate planning is a crucial part to ensure the best protection for a minor’s future. If you were planning your financial…
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.
Many people in the world spend every day of their life working to earn money so that they can support themselves and their families. Everyone would like their family members to get all the wealth after they die. In order to ensure that the right family member gets what they deserve, estate planning becomes essential.…
Contrary to popular beliefs, estate planning is not just a tool for confronting your mortality. It also forces you to decide how you can use your estate and what benefits would your heirs gain from it. An estate planning lawyer near me 11569 can aid you in properly assessing your financial situation and plan your…
Nowadays, estate planning is an important process to secure the property and belongings after death. An estate planning lawyer near me 11568 can help in this regard maintaining the law. Estate Planning And Its Benefit Estate planning is a process of securing the property and estate of a person after death. Generally, it deals with…
Anyone who owns an estate of $100,000 or more is eligible for benefitting from the establishment of a Living Trust. A trust is a right afforded to individuals in case they choose not to go along with the probate process. And an estate planning lawyer near me 11566 can help you establish one and avoid…
Estate planning is one of the most confounding topics of debate. Some people often form several misconceptions and do not realize what they want? For instance, one may need financial planning instead of estate planning, whereas others may want an estate plan but end up doing financial planning. Some people also think that they are…
If you are an owner of properties and assets, you should go for estate planning. As life is uncertain, it is always advisable to plan beforehand. This is where an estate planning lawyer near me 11563 comes into the picture. Putting your assets, especially the real estate ones, into the right place, can ensure peace…
Probate and estate planning, the words can seem synonymous, they are processes that are very different. Both give your family guidance on how to manage your property after your death, but estate planning goes even further, even while you live, to detail your expectations for your health, finances, and more. An estate planning lawyer can…
The probate process is basically the legal procedure that initiates after someone’s demise. The process determines who will get the assets of the decedent. Most of the decedent’s assets go through this process, which is supervised by the court. The said process authenticates the deceased person’s will and also appoints an executor. In addition, the…
Whenever a person dies, it is very hard to accept it. But it is very important to pass on his property to their inheritors. The process is overseen by the Probate court, which looks after the proper distribution of property amongst the beneficiaries. It is generally a time-consuming and costly process if you have a…