People often procrastinate when it comes to estate planning. Just about all responsible people know that they should have a plan in place, but it can be complicated, and many individuals simply put the matter on the back burner. To some extent this is understandable, but at the same time, you should educate yourself and take action to protect your loved ones.
This can be easier said than done, and we recognize the fact that it can be hard to find sound information that you can trust. Our firm makes an effort to educate people in and around Queens, and to this end we are offering a series of estate planning workshops toward the end of the month of March.
These workshops are absolutely free, and you can obtain a great deal of useful information if you attend a session that fits into your schedule.
We will look at last wills at the upcoming seminars. A will can seem like a very simple document, and it can seem like the best choice for you if you are not extremely wealthy. However, this is not always the case.
There are some limitations to take into consideration, and a will must pass through probate, which is a timely and potentially costly legal process. You should understand the facts and make informed decisions.
Trusts are often used in the field of estate planning, and there are different trusts that serve different respective purposes. You do not have to be rich to benefit from a trust.
Trusts can facilitate timely asset transfers outside of probate, and you can also include stipulations when you create a trust. The trustee could be empowered to distribute assets to beneficiaries on a limited, ongoing basis over an extended period of time.
At the workshops, we will look at the value of trusts, and we will answer any questions that you may have.
Nursing Home Asset Protection
When you are looking ahead toward the future, you should certainly consider the eventualities of aging. The majority of seniors will eventually need long-term care, and nursing homes are exorbitantly expensive.
Medicare does not pay for long-term care, so this is an issue that is very important if you want to have something left to leave to your loved ones after you pass away.
We will explore potential solutions at our seminars.
March Seminar Schedule and Registration Information
We make things simple for people who want to attend one of our estate planning workshops. You can visit our workshop schedule page to see a list of our offerings, and you can click the appropriate link to register for the seminar that works for you.
The estate planning workshops will take place on October 7th and 8th, and