Irrevocable trusts are a powerful asset protection tool. This type of trust is just one of several that you can create under NY laws, but it works very differently from revocable trusts. If you wish to keep assets safe from a variety of different risks, you may wish to consider whether an irrevocable trust is the right solution. Eghrari Law Firm provides assistance with the trust creation process. We can advise you on whether a trust is right for you and on whether irrevocable trusts or …
How a Long Island Estate Planning Lawyer Can Help Veterans
Veterans should consider talking with a Long Island estate planning lawyer as they begin to get older or if they are diagnosed with a serious medical condition. Because of the selfless service which veterans provided for the good of their country, there are many benefits programs available to veterans. Many of the programs that exist are designed to help the elderly and to cope effectively with the impact of aging. Unfortunately, far too many vets don't know about the services and support …
Are DIY Wills a Good Choice for Anyone?
DIY wills have become common, but unfortunately this is not a good thing. While virtually everyone should have a will, trying to make one on your own without the right legal advice is a bad idea. In fact, DIY wills can actually be damaging to your interests because you may create your own will and assume your estate planning process is complete when your legacy really has not been protected at all. Instead of taking a chance on a Do-It-Yourself will, you should find an experienced Suffolk …
Common Mistakes in Nursing Home Planning
Nursing home planning is something that everyone needs to consider doing. You should not assume that just because you are younger or just because you don't need nursing home care yet that there will never come a time when residential care is needed. It is very common for seniors to have to go into nursing homes, and having a plan in advance is essential to pay for the home and to find the best living environment. While nursing home planning is important, many people do not know what should …
How a Long Island Trusts Attorney Helps You Protect Your Heirs
A Long Island trusts attorney can help you to provide protection for your heirs as you make your estate plan. When you have built wealth, you want to use that money to do good and to provide for the people you care about. Unfortunately, sometimes a financial gift of money or property does not have the beneficial impact on your loved ones that you expected it to. You may need to maintain control or put some protections in place for your heirs to ensure that a gift you give is a benefit that …
Key Things to Know About New York Inheritance Laws
New York inheritance laws control the process of how someone inherits money and control the process of when an estate is taxed when someone passes away. There are many different laws on inheritances and you need to know these laws both when you are making your estate plan and when someone who you love has passed away. Eghrari Law Firm has extensive experience with New York inheritance laws. We understand how these laws work and we can make NY legal tools work for you. If you want to protect …
Unlawful Restraint of Nursing Home Resident Leads to Arrest
A Suffolk County nursing home abuse lawyer can provide assistance in situations where someone is harmed by home care providers or when someone is harmed in a nursing home care setting. There are many different kinds of nursing home abuse that occur. One common type of abuse is unlawful restraint of a nursing home resident. One Suffolk County nurses aid was recently arrested for abuse that took the form of unlawful restraint. The case was reported on by the Long Island Exchange. It is far from …
What are the New York Laws if You Die Intestate?
New York intestate laws determine what happens to your property if you pass away without having a last will and testament. It is important to know what intestacy laws will dictate for your property if you die without a will. If someone you love has passed away with no will, you should also be aware of what intestacy laws dictate should happen to that person's inheritance. Eghrari Law Firm provides legal help with creating a comprehensive estate plan so the distribution of your property will …
Free Report: What Happens If I Die Without a Will or Trust
If you die without any estate planning documents directing the transfer of your assets, you are said to have died intestate. The exact scenario that will unfold after your passing will vary depending on the circumstances. A very interesting intestacy case is currently playing itself out in the state of New York. Back in 2012 a Holocaust survivor name Roman Blum died in possession of an estate valued at some $40 million. Topics covered in this report include: Intestacy Negative …
Steps Executors Must Take During Long Island Probate
During the Long Island probate process, there are certain steps which must be taken. The probate process is the process of winding up the affairs of a deceased person's estate.An executor generally oversees this process and is responsible for completing the required probate tasks. A Long Island probate attorney can provide assistance to executors. Eghrari Law Firm has helped many executors to fulfill all of their duties when it comes to overseeing the probate process. If you have been named …
Free Report: Medicare and Medicaid: What Are the Differences
There is a lot to think about if you are interested in qualifying for Medicaid as a way to pay for long-term care. If you are a married person who needs long-term care you are obviously going to be concerned about the well-being of your spouse. The Medicaid program does allow the healthy or community spouse to retain ownership of half of community property up to a certain limit. In 2013 this limit is $115,920. Topics covered in this report include: Asset Limits Age Requirements …
Do You Need a Long Island Medicaid Attorney if You Have Medicare?
A Long Island Medicaid attorney can provide you with assistance, even if you have Medicare coverage already. Medicare and Medicaid are different and Medicaid may provide broader coverage for things which you cannot get Medicare to pay for. You need to understand the types of coverage which Medicaid can offer and must take steps to ensure you can qualify for Medicaid if you need this coverage. Eghrari Law Firm provides assistance to those who need a Long Island Medicaid attorney. If you want …
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