Estate planning is an essential step towards securing your future and ensuring your assets are distributed according to your wishes after your death. To create an effective estate plan, it is essential to work with an experienced estate planning attorney . Here are seven reasons why: 1. Get Expert Guidance: Estate planning can be a complex process, but an estate …
The Benefits of A Trust
A living trust is a crucial estate planning tool for any adult, regardless of their income level. A legal trust is a legal entity that can hold assets and distribute them according to the trust’s terms. Trusts are powerful documents that can protect assets, ensure wishes are carried out, avoid probate, and provide peace of mind. In this post, we’ll …
Important Changes to Probate Rules in Nassau County Surrogate’s Court
There has been a major and burdensome change to the Probate rules in Nassau County Surrogate’s Court. If your spouse dies and you have to Probate their estate, you now need to submit a copy of your marriage license. If you were married outside of the United States, you would need to pay to have your marriage license translated by a …
Estate Planning for Non-Citizen Spouses
Navigating the Tax Landscape Proper estate planning is crucial for all couples to ensure their assets are distributed according to their wishes in the event of an untimely tragedy. Regardless of age, it is essential that married couples consult with an estate planning professional to prepare the necessary legal documentation should the need arise. Typically, when a spouse passes away, …
Securing Your Disabled Child’s Future: 5 Estate Planning & Guardianship Tips for Long-Term Care
Advances in medicine have led to an increase in life expectancy in the United States, which currently stands at 78.7 years according to the Center of Disease Control (CDC). However, these statistics typically represent the “able” and somewhat healthy population. So, what about individuals with disabilities? The Americans With Disabilities Act (ADA) defines a person with a disability as someone …