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Many Americans are embracing Medicaid due to the expensive nature of nursing care homes in the United States. In NYC, the monthly average nursing care home cost is around $13,000,…
It's sad having a child disabled from birth. Even into adulthood, such an individual may still require financial support to be able to attain a considerable standard of living. And…
Providing personalized services to our clients has always been key to our practice, and we are committed to offering Trusts and Estates services focused on your long-term goals. Let us…
Before discussing irrevocable trust Long Island, let us first understand what a trust is. What is a trust? A trust is a legal entity or agreement between the creator (known…
What is a Trust? A trust is like a legal vehicle created by a grantor who places the assets in the trust in the care of a trustee. It is…
When an estate owner dies the job of a trustee begins. A trustee is usually charged with managing and protecting assets placed in a trust by its owner. So in…
A trust is a document that can be used for asset transfer, probate avoidance and tax planning. There are two basic types of trusts namely a revocable trust and an…
Totten trust is a type of trust that allows a grantor place funds into an account for a named beneficiary to get it after his or her death. A named…
Anyone who has in-depth knowledge of what a Totten trust is, knows quite well that it is the best way to avoid probate. If peradventure you are planning your estate…
Will and trust are the two most common documents in estate planning. However, the term will and trust are often confused but they are really very different. It is important…
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