You are probably already aware that having an estate plan in place is important for every adult. Hopefully, you also recognize the need to have an experienced estate planning attorney assist you in the creation of that plan. Helping you create your estate plan, however, is not the only reason you might need an estate planning attorney. Consider the following top five reasons why you might need the assistance of Nassau County estate planning attorneys. Creating and updating your estate plan. … [Read more...]
Long Island Estate Planning Attorneys Answer Top 5 Questions
For the average person, estate planning is somewhat mysterious and often intimidating. Most people recognize the need to create an estate plan; however, those same people often don’t know when to get started, what should be included in the plan, or where to turn to for help. If you are one of those people, take comfort in knowing that you are hardly alone. Because we realize that most people have questions about the concept of estate planning, the Long Island estate planning attorneys at the Law … [Read more...]
New York Times Focuses on Broken Legal Guardian System in U.S.
If you have a parent who is suffering from Alzheimer’s, or another serious medical condition that may eventually require around the clock care, you may assume that you will provide that care when the time comes. After all, that is how it has worked throughout history. Adult children reverse roles and care for the parent who once cared for them. What happens, however, if someone opposes your plan to move your parent into your home? The answer can be found in the legal guardian system that doesn’t … [Read more...]
Garden City Elder Law Top Concerns
Over the last several decades, the population of older Americans has increased at a historical rate. In fact, by the year 2050, experts estimate that the number of older Americans (age 65 and older) will outnumber their younger (age 21 and younger) counterparts for the first time in recorded history. As the number of older Americans grows, legal issues related to them have gained a considerable amount of attention. In response to that, a new area of the law evolved – elder law. Because most … [Read more...]
Estate Planning and Divorce
On their own, divorces and estate planning efforts are uncomfortable; when they’re combined, it takes on an entirely new meaning. Both of these events symbolize endings, after all. While estate planning helps prepare you and your family for the ultimate end, divorces were never supposed to be part of a family dynamic. No one marries with the goal of divorcing. Toss money and other assets into the mix, and well, it can quickly lead to the worst in human nature: pride, anger, grief. When Estate … [Read more...]
Hauppauge Probate Attorneys — Common Mistakes to Avoid When Probating an Estate
The loss of a family member, or someone else close to you, is generally followed by a period of grieving and strong emotions. If you have recently lost someone close to you, the last thing you likely want to focus on are the practical and legal ramifications of your loved one’s death. If, however, your loved one named you as the Executor of the estate, it means that he/she trusted you to be able to handle the probate of the estate. As a first-time Executor, you may be concerned you will make … [Read more...]
Do I Need a Nassau County Living Trust?
Like most people, your Last Will and Testament likely serves as the foundation for your estate plan. If you plan to create more than a basic estate plan, however, you will need to include additional estate planning tools and strategies into your plan to ensure that all of your estate planning goals and objectives are covered in your plan. One of the most popular additions to a well thought out estate plan is a living trust. If you are considering the expansion of your basic estate plan, you may … [Read more...]
Garden City Elder Law Attorneys Offer Tips to Avoid Scams
Sadly, abuse and neglect of the elderly in the United States is a growing problem – and one that we all must be concerned about and work to resolve. After all, if everything works out as planned, we will all be among the elderly at some point in time, right? While you are likely aware of the overall elder abuse problem, you may not know that financial abuse is actually the most common form of elder abuse. In fact, experts estimate that as many as five million instances of financial exploitation … [Read more...]
Nassau County Estate Planning Lawyers Explain the Probate Process
One of the most common objectives within a comprehensive estate plan is probate avoidance. If you have yet to create your estate plan, you may wish to consider adding probate avoidance tools and strategies into your plan as well. Of course, you need to understand why people consider probate avoidance such an important addition to their estate plans before you commit to including it in your plan. If you have never been directly involved in the probate of an estate, you likely only have a vague … [Read more...]
Long Island Estate Planning Attorneys Discuss Common Components in an Estate Plan
If you are like the average person, when you think about estate planning you focus on the need to create a roadmap for the distribution of your estate assets when you are gone. Distributing your estate assets is certainly a common estate planning goal; however, it should not be your only goal. On the contrary, a comprehensive estate plan should include a wide variety of additional estate planning goals and objectives. Exactly what those additional goals and objectives are is something only you … [Read more...]
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