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One of the most critical steps in the trust and estate planning process is determining what will happen to your assets after you pass away. In a well-intentioned but often misguided step, many parents mistakenly believe that gifting their house to their children is the best method to avoid probate and inheritance taxes, but gifting […]

If you're thinking about creating your last will and testament, you may feel a little overwhelmed by the process. Your will must include a range of vital information, and if you've never created one before, you may not know where to start. Working with an estate planning attorney can ensure that your will contains all […]

Business succession planning is the process of choosing the people that will manage your business after you leave while ensuring that they are well-equipped, prepared, and motivated to continue your organization’s successful legacy. It often overlaps with estate planning, which differs in that it pertains to strategies for managing both business and personal assets owned […]

Planning for your future involves endless questions that you should never feel ashamed to ask. When searching online for an “elder lawyer near me,” you will likely find overwhelming options, so how can you determine who will adequately serve your needs? You can narrow down the list and find the right lawyer for you by […]

What is probate? What do you need to know about it? Upon your death, the probate process ensures that all your estate debts are paid and that your beneficiaries receive your assets. If you don’t come from a legal background, understanding some critical aspects of probate can help you make informed estate planning decisions. At […]

Melville, NY Estate Planning Lawyers explain special needs trusts. Call (631) 756-6006 to schedule a consultation. As millions of Baby Boomers become part of the elderly population, many make arrangements for their retirement and long-term medical care. However, this demographic also acts as primary caregivers for many non-elderly disabled children who will need sufficient care […]

In New York, residents who need Medicaid for home care have to qualify for the assistance, which means they cannot earn income above the Medicaid limit. The unfortunate truth about these limits is that many family members make too much to qualify for Medicaid assistance, but they don’t earn enough to pay for home care […]

Many people in New York with low-income status require Medicaid assistance to cover community-based long-term care (CBLTC) services. On March 25, 2021, the state of New York (State) submitted their Waiver Amendment Request – Application for 1115 Waiver Authority to Implement a 30-month Transfer of Assets Lookback for Community Based Long-Term Care Services (Waiver Amendment) […]

Individuals with disabilities require ongoing care and advocacy well into adulthood. A big part of advocating for family members with disabilities is making sure they don't miss out on the social services they'll need for the rest of their lives. A supplemental needs trust (SNT) allows New York families and guardians to create a financial […]

Our firm receives a lot of inquiries about the qualification process for Medicaid if there is ever a need. In particular, many clients look to downsize their residence and move to the suburbs later in life. They are concerned about how to protect the equity they’ve built in their previous home. Medicaid Planning Common questions […]