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Estate Planning
Estate Planning

The Top Secrets of Estate Accountings

The Top Secrets of NY Estate Accountings 2024 As we move into 2024, estate accounting in New York continues evolving, presenting challenges and opportunities. Understanding

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Will
Estate Planning

Is My Will Legit?

Is My Will Legit? Ensuring Your Will’s Legitimacy in New York Creating a will is a fundamental component of estate planning, but the looming question

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Probate
Estate Planning

The Mysteries of Probate Revealed

The Mysteries of Probate Revealed in New York The probate process in New York often seems shrouded in mystery, leaving many to navigate its complexities

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What is Probate in 2024
Estate Planning

What is Probate in 2024?

As the legal landscape continues to evolve, understanding the probate process in New York in 2024 is crucial for effectively managing estate planning and administration.

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Probate Lawyer Queens
Estate Planning

Probate Lawyer Queens

Why You Need a Probate Lawyer in Queens Probate can be complex and daunting, especially in the diverse and dynamic borough of Queens, New York.

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Estate Planning Attorney Brooklyn
Estate Planning

How Does Joint Ownership Work?

How Does Joint Ownership Work? Joint ownership, a common arrangement for co-owning property and assets, offers various benefits and complexities, particularly under New York State

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Estate Planning in New York
Estate Planning

Estate Planning in New York 2024

Estate Planning in New York 2024: Navigating Changes and Protecting Your Legacy As we approach 2024, the estate planning landscape in New York continues to

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will attorney
Estate Planning

Why do You Need A Will?

Why Do You Need A Will ASAP? The thought of drafting a will often brings a sense of unease, conjuring notions of morbidity or the

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What Is A Probate Attorney?

Probate lawyers assist specialists of the home game-plan with any court longevity. They might help with the drafting of wills, living trusts, or proposition seminars on far-reaching valid topics. What a probate authentic helper wills depend on whether or not the decedent has drafted a will going before their end.

If you crash and burn an interesting circumstance without having demonstrated a will to have passed the intestate court matters. This is the point at which your arrangement is scattered by the laws of the state where the property stays, paying little notification to your longings. In these conditions, an attorney may be picked to help this case and the assets by law. A probate lawyer can then help you with a piece of the endeavors recorded at this point is bound by state intestacy laws, offering appreciation to the decedent or the family members’ fundamentals.

A renunciation is a veritable declaration denying one with everything thought about the right to control the region. A probate advisor can help you to protect and record these statements with the probate court and from that point on assisting any people with the cooperation of the probate.

In any case, the way that it’s to have a veritable knowledge help you through the present circumstance with managing, it’s amazing all of the likely opportunity to enroll one. Whether or not you want lawful counsel will depend on how gigantic the house is.

FAQ

  1. If my spouse dies, do I get his social security and mine?

Yes, according to the surviving spouse law, you’re able to collect all funds from his or her social security onto yours.

2.  What is a pour-over will?

A pour-over Will is a Will written and documented stating the actions needed to be done through the trustee which will be transferred to him or her. The truster is someone who’s responsible for many assets to be taken care of or sent to assigned beneficiaries.

3. Who qualifies for Medicaid in NY?

Women who are pregnant or those with children over the age of 18, seniors, and those with disabilities. Disabilities such as blindness, deafness, etc, or physical injury are also eligible for Medicaid.

4. What is elder law?

Elder law handles long-term care including future medical care, special needs care for those who are handicapped or mentally disabled, and estate planning from ages over 50. This type of law also handles cases with elder abuse as long as there’s evidence of these sorts of cases. Elder abuse can come from members of the family and the elder can approach a lawyer to report this sort of behavior to prevent manipulation of your estate plan.

5. Does transfer on death avoid probate?

The transfer of death only makes the probate process much more difficult having you provide additional details and reason for the transfer. This makes the process longer and if it’s longer, it’ll be more expensive. The only way to avoid probate is through a trust because everything would be set up or planned ahead, especially the transfer of death.

6.   Are living trusts revocable or irrevocable?

A living trust can be both but with an irrevocable trust, you cannot change anything that’s been documented unless you discuss the changes with all beneficiaries and court.

7. If my spouse dies do I get his social security and mine?

Because of the laws of Estate Planning, there’s something labeled, the surviving spouse clause where if one spouse dies, the surviving spouse gets his or her assets. The only assets not provided would be government funds that the spouse still owes or would actually lose the entire thing because of labeled ownership unless there’s a Will stating rights to owning these finances.

8. Why do I need an elder law attorney?

The only reason you should have an elder law attorney is to have a lawyer to care of cases that are related to future needs leading to promising medical care that can protect yourself and your assets including your estate. An elder law attorney can also protect you from elder abuse that you can report to your lawyer and court.

9. What happens if you die intestate?

Who’s ever married to you or related to you by blood gets your inheritance through the surviving spouse gets it all unless the Will or trust says differently.

10. How long can you receive unemployment in NY?

In the state of NY, you can collect unemployment for 26 weeks but with the pandemic happening, it can go as long as this is drawn out.

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