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What is Elder Law in New York 2024?
elder law

WHAT IS ELDER LAW?

Understanding Elder Law in New York 2024 As individuals age, their legal needs evolve, requiring specialized expertise in areas affecting their health, assets, and legacy.

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All About Trusts and Wills in New York
Estate Planning

All About Trusts and Wills in New York

Understanding Trusts and Wills in New York: Essential Tools for Estate Planning Planning for the future requires careful attention to detail, especially when it involves

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Attorney for Wills and Trusts
Estate Planning

Attorney for Wills and Trusts

Discover expert guidance for Wills and Trusts in New York. Morgan Legal Group provides personalized estate planning for peace of mind.

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Different Types of Wills in New York
Estate Planning

Different Types of Wills in New York

Understanding Different Types of Wills in New York Wills are critical estate planning documents that allow individuals to express how they want their assets distributed

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Common Probate Issues In New York
Estate Planning

Common Probate Issues In New York

Common Probate Issues Probate is a legal process that occurs after an individual passes away, involving the distribution of their assets according to their will,

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Estate Planning Tips in New York - Morgan Legal Group
Estate Planning

Estate Planning Tips:

Estate Planning Tips in New York Estate planning is a vital process for ensuring that your assets are protected, your healthcare decisions are respected, and

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Guardianship Attorney in NYC
Guardianship

Guardianship Attorney

Guardianship Attorney in NYC In New York City, the need for guardianship arises when an individual can no longer make decisions for themselves due to

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Why You Should Donate

Numerous foundations have yearly raised money crusades with givers who match commitments during determined periods. In addition, bosses frequently offer matching projects that can significantly affect charities. Your customers can even begin a program in which they supply the assets for a future matching test.

Particular times of year offer a unique chance to get the entire family together, and it’s ideal for your customers to get their children and grandchildren engaged with giving. So one thought is to make a giving gift to give to a good cause. Every kid then, at that point, proposes a reason to assist everybody with choosing where and how to disperse.

If your customers don’t have an altruistic vehicle yet have been giving reliably and hope to give more, a few choices are accessible to guarantee their gifts are more coordinated, vital, and charge proficient. This offers adaptability, control, and other novel benefits that help imaginative and innovative advances. Likewise, your customers can consolidate their charitable targets into their wills or bequest designs and investigate arranged giving and trusts.

By organizing your customers’ altruistic commitments with their expense methodology, bequest arranging, and speculation, the board could bring about better results across all disciplines and guarantee that they get useful duty derivations, which thusly permits them to give more.

If your customers have beneficent vehicles with a base appropriation prerequisite, ensure they know what it is and the amount they have left to dispense. Their resources are utilized for magnanimous purposes and have no punishments.

FAQ

 1. What is Medicaid fraud?

Medicaid fraud is simply false information to get Medicaid to pay for all the services needed for yourself or someone else.

2. How much does a will cost in NY?

A usual Will can cost you about $1200, but with an estate plan package, it’ll be around the same price range or even less with a good estate lawyer. Then that can be much cheaper, up to $300 to $1000, depending on your situation.

3. When someone dies, does their debt go away?

No, when someone dies, if that person has any debt, creditors will still ask for the money back, adding more credit to the accounts. After the designation of the person’s assets during court, payment of debts will also be announced to whoever the court would call responsible. So a family member, spouse, or close friend will continue to pay everything you owe, so you should make an estate plan to prevent this sort of conflict.

4. Does a trust protect assets from a nursing home?

 Yes, as long as you transfer funds towards your rent, mortgage, or assistant living instead of going to a nursing home.

5. Can I make an estate plan alone?

You can make your estate plan, but this would have you leave any significant amount of errors if an actual lawyer doesn’t view it. So making your estate plan might be an invalid one if not looked over.

6.   What does an elder care attorney do?

An elder care attorney has the expertise in arranging any necessary goals for whoever the elder being served needs. It can go along with not just estate planning but also medical care proxies, elder abuse, or dealing with ownership of spousal belongings. This is all regards to any senior over the age of 50.

7. What is a Totten Trust Form?

This trust form allows you to avoid probate due to already assigning a beneficiary after your name.

8. How do I know if my unemployment claim was approved in NY?

After applying for unemployment at the official NY government website, ny.gov, you should receive a letter towards your home address two weeks after applying stating how much unemployment you should receive. However, that’s if you get approved. If not, you would receive the same letter in the same amount of time saying you’re ineligible due to certain dynamics in your life that the government won’t give you many benefits.

9. Do you need a lawyer for advance directives?

These forms can be created by yourself as long as you’re over 18 but have the same disadvantages as handwriting your own Will. This means that advance directives shouldn’t be handwritten to prevent future fallacies due to not being able to read the file or putting information that has nothing to do with what’s needed. So you can make your advance directives, but it’s recommended to get a lawyer to guide you in the process.

10. Does a trust override a will?

No, a trust has different functions than a Will, but a trust secures the Wills needs for whatever is listed.

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