NYC PROBATE ATTORNEY
Morgan Legal Group PC
If you need an attorney to help you with probate issues during difficult times of grief in New York City, Morgan Law Group PC can help you with the complex legal process and help you divide property and administer the estate. Our law firm works professionally with clients who live outside of the state of New York and have disabled relatives living in New York City. Our probate attorney can take care of your loved one’s needs financially and make sure your relative receives quality care in the hospital, in a nursing home, or in an assisted living facility. Our New York City estate planning attorney drafts wills and forms trusts with a durable power of attorney to help you execute your loved one’s estate.
Your will is an important document. It tells who will administer your estate when you die. Your estate includes real estate, personal property, family heirlooms, and your possessions. You can specify who will take custody of your minor children who are under your care. For more information or assistance with a will or probate issues, please call Morgan Law Group PC at (212) 561-4299. Our compassionate New York City probate lawyers can help you with the emotionally and financially draining aspects of caring for an elderly loved one.
The probate process upholds the deceased’s will. The probate process occurs when the deceased dies without a will. It is an expensive process, and it can take years. The probate court identifies the deceased property and distributes it to heirs.
“Our Firm Takes Pride In The Recognition We Have Received As One of the Top Industry-Leading Estate Planning Firms In New York”
Morgan Legal Group PC
Our trust formation services begin with a thorough understanding of your responsibilities. Your estate is simple or complex, depending on the nature and value of your assets held in trust, tax law, and the number of beneficiaries you designate. New York state fiduciary laws apply to your trust. Our attorney creates revocable and irrevocable trusts, special needs trusts , supplemental trusts, and pooled income trusts which include:
- Beneficiary deeds
- IRA transfers
- Special needs provisions
If sudden death or incapacitation of a relative created your probate and tax problems, especially if custody of minor children is at stake, our probate attorney can create a trust fund to ensure the financial security of the children or give you the authority to act as your relative’s guardian. Our lawyer can prepare Social Security, Medicaid, and Medicare applications to improve your loved one’s standard of care, or our attorney can help you get home health care or nursing home services for your loved one. Our probate law firm drafts:
- Living / revocable trusts
- Healthcare and financial powers of attorney
- Medical directives/living wills
FAQ’S ABOUT BUSINESS SUCCESSION PLANNING
Questions And Answers
Great! But you’ll quickly find there are so many more things to consider:
• Maybe you have a loved one stepping in — but are there other partners or managers who will be affected and might disagree?
• Maybe you have co-owners who will buy you out — but how will they distribute your shares and how will your family be affected?
• Maybe a fellow entrepreneur is ready to step in — but will your employees be protected properly if the new owner decides to pivot?
The goal of succession planning is to set you up for long-term success. That means having a rock solid plan in place that everyone agrees upon, but not uprooting your day-to-day operations.
The process is fairly simple on your part. We simply meet with you, learn about your business, understand your goals and then our seasoned business succession planning lawyers will craft a tailored plan for you and your business. We handle the legal dirty work, you focus on your business.
Simply put, the proof is in the results. Time and time again we’ve provided unbeatable support for our clients and time and time again they have given stellar reviews. You don’t become one of the best business succession planning attorneys in Brooklyn by accident!
We take every measure to make our services affordable and keep your time and resources top of mind. We work fast, we do our diligence, and we work with you to settle on a budget that works for you. No matter what, we ensure that what you pay now pales in comparison to the costs your business will incur if you don’t have a proper plan in place.
Morgan Legal group PC
Wills are contested by heirs, creditors, or family members not represented in the will. Contested wills must be resolved at trial. Wills are contested when:
- More than one version of the will exists
- The will has been changed through coercion
- Fraudulent statements are made
- The deceased was incapable of making sound decisions
- The will is not in compliance with the laws of the State of New York