As we age, it is important to understand the different options we have to protect our assets & our loved ones. For years, our firm has been helping seniors & their families navigate their golden years.
Leave your assets to your loved ones, appoint guardians for your children, save taxes, and appoint a trusted person to finalize your affairs after you pass.
Get the Medicaid care you need while protecting your assets for your loved ones. Protect your home from Medicaid liens and Medicaid estate recovery with Medicaid Trusts.
Applying for Medicaid can be time consuming and confusing. Small mistakes can cause expensive problems. Allow our firm to assist you with the application process to help get you Medicaid as soon as possible.
If a person is no longer capable of handling their own affairs, the court can appoint a guardian to assist.
Make sure that your loved ones can continue their lifestyle if you pass. We work with financial professionals to help protect your family.
Save more of your assets for your loved ones instead of the IRS. We can help save your estate from paying avoidable taxes.
Appoint a trusted agent to make your health care decisions if you are not able to.
Living wills allow you to specify which medical procedures you would like in the event that you can not make the decisions yourself. While a health care proxy allows you to appoint an agent to make decisions, a living will instructs the agent what you would like done.
Who will take care of your finances if you become ill or incapacitated? An agent under a durable power of attorney can take care of your finances when you need it most.
We prepare wills, trusts, health care proxies and powers of attorney to make sure that you are protected in all eventualities.
Elder law is a subcategory of estate planning. Our Elder law lawyers assist in planning for retiree benefits, long-term care, Medicaid and Medicare coverage, home health care, and wills. Our offices in Brooklyn and Queens make it easier to handle all your Elder Law needs.
Before the age of retirement or by 60 the planning stages should have begun. The sooner the better, because of certain benefits and legal requirements there are risks to waiting until later ages.
In the early stages it is necessary to enumerate assets and benefits. Documenting all property, savings and investments, expected health care costs, and a number of other factors should be considered. Special care should also be given to what family or loved ones you wish to be the beneficiary of your assets.
For a disabled child there may be a need to set up a Special Needs Trust to ensure they will continue receiving benefits. Is it also vital to consider who you wish to be the legal guardian of dependent or disabled minors.
There are various options depending on each individual’s citation and the size of the assets. By creating a will or setting up a trust are just 2 ways your assets can be secured. By appointing someone you trust to be in charge of your estate you can have peace of mind that things will be handled in an organized manner, while minimizing costs.
Our elder law attorneys in NYC will discuss with you the options for life support, Being an organ donor, medical power of attorney, advanced directives, and funeral arrangements. Setting up legal instructions for end of life care is essential for peace of mind.