If you are an entrepreneur, adopting asset protection strategies is essential to protecting your profits. Asset protection is a form of planning with the objective of protecting assets from creditors’ claims and litigation. There are high risks in establishing your own business, but they come
May is the celebration month of National Elder Law Month! Originating in 1963, National Elder Law Month stemmed from President John F. Kennedy issuing Proclamation 3527. He declared the month of May “Senior Citizens Month,” proclaiming that all “informal and educational means should be used”
Estate planning is the process of legally deciding how your assets will be distributed in the event of your death. This is important to set up well in advance because you want as much say as possible. The sooner you start estate planning, the more
After receiving a devastating diagnosis of dementia, you may be overwhelmed with confusion on what next steps to take. Many are quick to evaluate their medical options, but oftentimes the legal considerations are overlooked. Nevertheless, legal planning allows for stability in a time of uncertainty.
Speaking with an Elder Law attorney in New York is often nerve- racking, as it’s hard to know what questions you should ask during your initial consultation. To make sure that your best interests are taken care of, you should be asking the following 10
For almost two years now, the world we live in has been impacted greatly by the Covid-19 pandemic. During these uncertain times it is important to be prepared for whatever lies ahead, which includes drafting an estate plan to ensure your loved ones are taken
An estate plan is key to guaranteeing that all of your best interests are met when the time comes. The very first step to planning for your future pertains to making the decision to create an estate plan. This plan typically includes drafting a will,
One of the benefits of hiring an elder law attorney to draft your estate plan is that the law is highly nuanced, and only a licensed professional will be able to ensure that you have the most comprehensive plan possible. Oftentimes, however, people opt to