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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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The pandemic has caused more harm than imagined; however, with careful measure and safety precaution we could altogether overcome this deadly virus. As soon as you have handled your risk of exposure, you can then look at the future by evaluating your estate plan. If you are yet to draft an estate plan, now is the best time to do so. Remember, if you die without an estate plan, the state government will dictate how your estate will be shared and this might affect those you care about.

Estate planning documents to include in your estate plan

  • Last Will

Wills are a basic yet very powerful estate planning document. With a will, you can leave assets to whomever you wish to benefit from your estate. To draft an effective will, we consider all your assets, including those you own outside New York and those best left outside a will.

  • Power of attorney

This document is used to authorize a trusted agent to make financial decisions on your behalf during incapacity. This agent, known as your attorney-in-fact, will step into your shoes to manage your estate, bound by law to always act in your best interest.

  • Healthcare proxy

A healthcare proxy, just like the power of attorney, allows you to appoint an individual to make medical decisions on your behalf when you can no longer make them yourself. It is also known as medical power of attorney. It prevents your family from arguing about the kind of healthcare you would have wanted since you have authorized only one person to make decisions for you.

  • Living will

On your living will, you write down instructions on what you want or do not want during a near-death condition. If you desire or do not desire resuscitation, life support, or organ donation, you can say so on your living will and your instructions will be strictly adhered to.

  • Living Trust

A living trust is a very powerful document by which you can avoid probate. Assets held therein will pass to your named beneficiary without any court involvement, and the transfer is immediate; no time wastage, no court expenses. We can combine a trust and a will depending on the nature of your estate for the best benefits.

Adaptive measures used to create estate plans during the pandemic.

Before the outbreak of the coronavirus pandemic, people planned their estate by conducting one-on-one meetings with estate planning attorneys. Everyone went about his or her business without any restriction. However, with the breakout of the virus, movement became restricted and workers had to conduct meetings via platforms such as Zoom, Skype, and the likes.

Remote witnessing

For your will to be valid, it must be signed by at least two witnesses who must both be physically present at the time of your signing the will. However, due to the coronavirus pandemic, this kind of social gathering is not ideally possible anymore. To adapt to the situation, the New York State governor Andrew Cuomo signed an executive order on April 7, 2020, to allow remote witnessing. In this case, individuals can “witness” your will, trust, healthcare Surrogates, and statutory gift riders through a live-video.

Bottom line

With the outbreak of the coronavirus pandemic, there has been several measures put in place to mitigate the spread of the virus. One of these methods is the social distancing rule. So, if you aren’t ok with scheduling a meeting with us, you can decide to take part in our virtual meeting. In this meeting, you have the chance to ask us questions or talk about your need regarding your estate.

Estate planning can be complicated; it is not one of those basic DIY tasks. If you fail to make a good estate plan, you may be risking the future of your family as well as properties. You need to hire an estate planning Lawyer Manhasset New York for your estate planning projects.

Contact our estate planning lawyer to help you in this trying time. 

Because of the coronavirus outbreak, some governments went ahead to create a new legislation which makes it possible for witnesses to be present either physically or virtually. As a result, will which are witnessed through platforms like Zoom and the likes will be considered as valid. This legislation was introduced in England and wales.

If you need a competent estate planning attorney for your estate, you are at the right place. Our estate planning attorneys are qualified; they also boast of the experience needed to help you craft an ideal estate plan in this trying period.

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