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immigration lawyer in NYC
immigration

The best immigration lawyer in NYC

Immigration Lawyer NY Immigration law is a subject that has been experiencing a lot of growth in the past few decades. Especially with the contemporary

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Canada immigration lawyer NYC
immigration

Canada immigration lawyer NYC

Canada Migration Legal counselor in New York City, New York New York isn’t a prerequisite in the regularly occurring Canadian motion process. Notwithstanding, a few

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Small Estates in New York
Estate Planning Law

How much is a small estate in NY?

Introduction Regarding estate matters in New York, not all estates are created equal. In fact, the size of an estate can significantly impact the legal

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Health and Elder Law
elder law

Health and Elder Law

Health Care Proxy There might be explicit things you need to do (or stay away from) concerning clinical consideration and treatment, like certain individuals. Therefore,

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What is a Marriage Green Card?
immigration

What is a Marriage Green Card?

The United States has diverse cultures and people, and our country has different views on relationships. For example, some people choose to be married, while

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16th circuit chooses Campbell
Estate Planning

16th circuit chooses Campbell

The circuit judges of the sixteenth Judicial Circuit have chosen Reginald N. Campbell for partner judge. Campbell will be confirmed on Monday, March 2, and

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When is Probate Unnecessary?
Estate Planning

When is Probate Unnecessary?

Probate is a legal process which the court of law uses to ascertain the validity of the last will and testament of a deceased person.

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The Risks of a Handwritten Will
Estate Planning

The Risks of a Handwritten Will

A Hand Written Will A handwritten Will can be defined as simply writing it and signing it in the end. People or most recommend this

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Creation Of A Life Estate
elder law

Creation Of A Life Estate

Creation of a Life Estate in New York Welcome to Morgan Legal Group P.C., your trusted partner in understanding and establishing life estates in New

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Estate planning lawyers NY 14209
Estate Planning

Estate planning lawyers NY 14209

Our estate planning lawyers are highly seasoned in the estate laws of New York and will ensure your estate plan gives you maximum coverage. We

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Estate planning made easy.
Estate Planning

Estate planning made easy

What is Estate Planning?  Estate planning is the process of anticipating and arranging, during a person’s life, for the management and disposal of that person’s

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Planning for the future is not always an easy task and may have you confused and worried about whether you covered everything. An estate planning lawyer can walk you through the entire process and help you plan for your future and the future of those in your will too.

A study conducted in 2013 by HSBC found that US retirees expect to leave a sizable inheritance to their loved ones. The study found that the average inheritance was about $175,000.

While money is usually part of an inheritance, it is not the only thing that can be passed down to loved ones. Below, our estate planning lawyer in NYC will discuss some of the considerations baby boomers should keep in mind as they plan.

An Estate Planning Lawyer Can Help You with Non-Money Considerations

While you will likely pass down your wealth to your family members, there are other considerations you want to keep in mind as you do plan.

Below, our estate planning lawyer will go over some of these considerations and why it is beneficial to plan for them NOW.

Health Care Needs

It should come as no surprise that health care costs continue to rise. With that said, planning NOW for your healthcare future is wise.

As you write your will, you can include long-term care costs to help you reap Medicaid benefits and take care of assisted living or nursing home costs without ultimately dwindling your bank account.

Family Heirlooms

Everyone loves family heirlooms, and you would be surprised to learn that most individuals would rather have keepsakes than money.

With that in mind, you want to ensure that personal keepsakes and your heirlooms are distributed the way you want them.

Often, estate attorneys will recommend that you speak with your children or family members and find out which items mean the most to them to help give you an idea of what they would cherish.

Special Needs Care

If you have a dependent who is special needs or disabled, it is important to have it spelled out clearly in your will what you want to happen, such as their future care and assets.

One way to ensure your loved one will be well cared for when you are gone is to set up a special needs trust for them.

Call Our Estate Planning Lawyer in NYC Today

No matter your financial situation, it is wise to plan your estate NOW and not wait until later.

At Morgan Legal Group PC, our estate planning lawyer is prepared to work closely with you and will answer any questions you may have.

Our experience and compassion will help you better plan. This way, you can feel confident that your desires and wishes are fulfilled.

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