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Archive of posts tagged estate planning

Life Estates & Medicaid: What you need to know

Author: Stefans Law Group, P.C.

New York, Long Island  Elder Law and Financial Planning Attorney

Recently, the rules for Life Estates and asset protection of your home under the New York Medicaid laws have been changed under the new Medicaid Estate Recovery rules. The purpose of this article is explain what a Life Estate is and how it works if you already have one, and give further understanding of how it applies to the new Medicaid law.

What is a Life Estate? A ..read more

Estate Planning – Court Battles Deplete Estate Assets

Why, James Brown, why? Author: Law Offices of Bonnie-Peters Lawston

Not planning an estate, planning poorly or failure to keep an estate plan up to date can lead to conflicts and deplete your estate assets. When documents are prepared correctly and updated regularly, it is a great start and money well spent. I tell all my clients, spend the few dollars now rather than have your family spend thousands of dollars later.

It is very important to keep Wills and related documents ..read more

New York Estate Planning Attorney-A Word to the Wise

Author: Law Offices of Bonnie Peters-Lawston

Careful estate planning is the best way to maximize your inheritance for your children and your future income. Speak with an attorney today and start preparing a plan. Draft a Will and, perhaps a trust, and all the related documents needed to protect against government seizure, expensive future litigation and probate issues. The money spent for an estate planning attorney is a worthwhile expense. Not only will you protect and expand your assets, you will ..read more

A National Tragedy Highlights the Importance of Estate Planning

Author:Leeds Morelli & Brown, P.C. Lenard Leeds

Six people were killed and fourteen others were wounded, including U.S. Representative Gabrielle Giffords and a Federal Judge, when a gunman opened gunfire in front of a Safeway supermarket in Tucson, Arizona. The congresswoman had been hosting a meeting with constituents Saturday morning when the attack began. Since the shooting, Congressman Gabrielle Giffords remains in critical condition but her condition is stabilized. President Barack Obama then led the nation in a moment ..read more

Obama Signs Tax-Cut Bill Setting Estate Tax Exemption at $5 Million for Two

Author:  Stefans Law Group, P.C.

Well everyone, the decision we have all been waiting for is FINALLY HERE! As estate tax planning attorneys, we have been waiting, and waiting, and waiting to get an answer as to what has happened to our estate tax laws. I have received many phone calls and questions from clients wanting to know what to do and how to plan so their legacies do not get desimated by unnecessary estate tax bills. This week, our government created clarity for all of us ..read more

Family Suing NYC After Teen’s Brain Found in Jar

The Shipley family of Staten Island may have to bury their son twice. Their son, a 17 year old high school student, died in January of 2005 in a horrific car accident and was buried. However, after he was buried they found out, through a high school field trip to the morgue involving some of their son’s own friends that his brain was in a jar on display in the medical examiner’s office. Andre Shipley and his wife, ..read more