Preserve Your Legacy

Estate Planning | Elder Law | Special Needs Planning

Blog Posts in April, 2011

  • HOW CAN A WILL BE CHALLENGED?

    Are you aware that a will can be challenged? If something was done wrong when the will was created, you may find the need to contest it. There are various reasons why a will may not be valid.. If you have additional questions about how to contest a will , consult with an estate planning attorney . A will must be signed pursuant to state law. If a will was not signed by the testator (i.e. the ...
    Continue Reading
  • LEGAL ISSUES AND ALZHEIMER'S

    Alzheimer’s disease is a devastating illness. Those that are diagnosed with this disease will face a lot of different issues. Along with treatment and the financial stress that tend to come with this disease, there are also a lot of legal issues that must be dealt with. The importance of estate planning for the Alzheimer’s patient cannot be stressed enough. It is essential that estate-planning ...
    Continue Reading
  • TAKING CARE OF LOOSE ENDS AFTER A DIVORCE

    It is difficult to stress the importance of making sure that all of the loose ends are tied up after you have gone through a divorce and it is finalized. Though it is important for all areas of your life, it is especially important when it comes to your estate plan . In most cases a former spouse will automatically be exempt from inheriting, even if you were to forget to update your will. The ...
    Continue Reading
  • SERVICES YOUR ESTATE PLANNING ATTORNEY CAN PROVIDE THAT MAY SURPRISE YOU

    any people think that an estate planning attorney ’s services are limited to document creation and probate guidance. But, your estate planning attorney is highly trained and experienced; and, therefore, is uniquely qualified to offer additional related services. Family meetings: If you would like to have a multigenerational family meeting, your estate planning attorney would be happy to act as ...
    Continue Reading
  • HOW TO HONOR GRANDCHILDREN IN YOUR ESTATE PLANNING (PART 2 OF 2)

    Often clients comment that they know why they had children when the grandchildren arrive. When a grandchild is specifically named in your will or trust , the honor is great. Typically, grandchildren are overlooked. Because we know that you dearly love your grandchildren, we’re providing some tips on how to include your grandchildren in your estate planning. This is part 2 of a 2 part article. ...
    Continue Reading
  • HOW TO HONOR GRANDCHILDREN IN YOUR ESTATE PLANNING (PART 1 OF 2)

    Often clients comment that they know why they had children when the grandchildren arrive. When a grandchild is specifically named in your will or trust, the honor is great. Typically, grandchildren are overlooked. Because we know that you dearly love your grandchildren, we’re providing some tips on how to include your grandchildren in your estate planning. This is part 1 of a 2 part article. ...
    Continue Reading
  • APRIL IS HERE; DON'T BE AN APRIL FOOL: CREATE AN ESTATE PLAN

    Do you have an estate plan in place? While April Fool’s day has past us, the last thing you want to be is a fool! If you haven’t taken the time to create an estate plan , you may be setting yourself up for serious problems in the future. With a proper estate plan, you can protect yourself, your assets and your loved ones. Take the time to meet with an estate planning attorney. Below are 15 reasons ...
    Continue Reading
  • THE BASICS OF ESTATE PLANNING

    The basic estate plan consists of four different documents. Although an estate plan can be as complicated as it needs to be, the groundwork for most estate plans include these documents. No matter how old you are or what your personal situation is, if you are at least 18 years old, you should have the basic documents that are included in an estate plan . A Will – With this document you can leave ...
    Continue Reading
  • WHAT TO CONSIDER WHEN CHOOSING A NURSING HOME

    When visiting various nursing homes, it can be difficult making the best choice. You want to make sure that you choosing a nursing home that will provide excellent care to your elderly loved one. Take the following things into consideration when narrowing down your nursing home options. Make sure that your loved one feels comfortable at the nursing home that you choose. If possible, bring your ...
    Continue Reading
  • 4 WAYS TO PAY FOR LONG TERM CARE

    If you’re like most people, you have concerns about your ability to pay for long term care should you or a loved one need the support of long term care in the future. With nursing homes costing more than $130,000 per year in New York City, your concerns are well founded. Long term care refers to care in your home, assisted living facility, or a nursing home when you can no longer care for ...
    Continue Reading
  • THOUGHTS ABOUT THE CHARITABLE REMAINDER TRUST AND ITS TAX BENEFITS

    The charitable remainder trust is a really interesting tool in your estate planning attorney’s tool belt. It’s so cool that we thought you might find it interesting and want to incorporate it into your estate plan. Here are our thoughts on the charitable remainder trust itself as well as its tax benefits. You set up a trust and donate low basis highly appreciated assets into the trust (yes, there ...
    Continue Reading
Page 1 of 1