Estate Planning directs where you want your property to go when you pass away. It is essential to speak with a professional to know which strategy will best suit your needs. The purpose of elder law planning is to prepare aging individuals for financial freedom and autonomy through proper financial planning and long-term care options. Often, this type of planning includes asset protection strategies to avoid Medicaid spend-down, as well as the Medicaid application process.
A special needs trust lets parents, other family members and other interested parties contribute funds for the benefit of a disabled person, while also enabling him or her to still receive means-tested benefits such as Medicaid and Security Supplemental Income (SSI). Probate is the legal process through which a deceased person's estate is properly distributed to heirs and designated beneficiaries if that individual had a last will and testament or no estate plan in place.
Whether it be a prenuptial agreement, an operating agreement, a buy-sell agreement or a commercial lease, contracts are a significant part of your business and personal establishment.
A special needs trust lets parents, other family members and other interested parties contribute funds for the benefit of a disabled person, while also enabling him or her to still receive means-tested benefits such as Medicaid and Security Supplemental Income (SSI). Probate is the legal process through which a deceased person's estate is properly distributed to heirs and designated beneficiaries if that individual had a last will and testament or no estate plan in place.
Whether it be a prenuptial agreement, an operating agreement, a buy-sell agreement or a commercial lease, contracts are a significant part of your business and personal establishment.
Services
Not long after practicing at a small firm, Emily decided to open her own law office so she could work more with clients one-on-one.
Having a dedicated lawyer by your side to guide you can be comforting.
With a small firm, you do not have to worry about getting passed on from lawyer to lawyer, or be concerned about a lack of direct communication.
Emily will take the time to listen and counsel you and your family until you are certain that you are making the best decision possible.
Each client we meet is left feeling well listened to and care for.
Having a dedicated lawyer by your side to guide you can be comforting.
With a small firm, you do not have to worry about getting passed on from lawyer to lawyer, or be concerned about a lack of direct communication.
Emily will take the time to listen and counsel you and your family until you are certain that you are making the best decision possible.
Each client we meet is left feeling well listened to and care for.
A Last Will and Testament allows you to control what happens to your estate after your death.
In your will, you can define assets, name beneficiaries, assign guardians for your children and appoint an executor.
You have assets, money or property you want to be distributed to individuals or organizations after your death.
You need to appoint a guardian to care for your minor children if you and the other parent cannot.
A Revocable Living Trust is an effective way to handle one's estate, especially in providing clear direction on how one's assets should be disbursed (and to whom) after death.
In your will, you can define assets, name beneficiaries, assign guardians for your children and appoint an executor.
You have assets, money or property you want to be distributed to individuals or organizations after your death.
You need to appoint a guardian to care for your minor children if you and the other parent cannot.
A Revocable Living Trust is an effective way to handle one's estate, especially in providing clear direction on how one's assets should be disbursed (and to whom) after death.
Medicaid has a maze of complex rules and regulations that most people find almost impossible to understand and navigate.
Unless they're Elder Law practitioners, even attorneys are generally ill-equipped to provide accurate advice about the Medicaid system and the strategies that can properly be used to protect clients' money, property, or income.
Wrong or incomplete advice can cost you a fortune.
As an example, in a number of cases we have reviewed documents drafted by other law firms that created trusts for clients, which supposedly protected their assets from Medicaid's "spend down" rules.
Unless they're Elder Law practitioners, even attorneys are generally ill-equipped to provide accurate advice about the Medicaid system and the strategies that can properly be used to protect clients' money, property, or income.
Wrong or incomplete advice can cost you a fortune.
As an example, in a number of cases we have reviewed documents drafted by other law firms that created trusts for clients, which supposedly protected their assets from Medicaid's "spend down" rules.
The contents of most trusts you create for yourself will be considered "available to you" in determining your eligibility for SSI.
On the other hand, assets of most trusts that someone else creates and names you as a beneficiary of will not be considered to belong to you for purposes of determining your SSI eligibility.
Trusts designed to aid a person with special needs are commonly known as "special needs trusts."
There are three main types of special needs trusts: the first-party trust, the third-party trust, and the pooled trust.
On the other hand, assets of most trusts that someone else creates and names you as a beneficiary of will not be considered to belong to you for purposes of determining your SSI eligibility.
Trusts designed to aid a person with special needs are commonly known as "special needs trusts."
There are three main types of special needs trusts: the first-party trust, the third-party trust, and the pooled trust.
Whether for your business or personal life, contracts can play a significant role.
However, an agreement is only as strong as the legal contract defining the terms of the relationship.
Without the safeguard of a well drafted contractual agreement, you may run into problems with the agreement being enforceable.
We are committed to helping you avoid the potential for the dispute and protect your interests.
Contract negotiation is the process of reaching an agreement between the two parties of the contract at issue.
However, an agreement is only as strong as the legal contract defining the terms of the relationship.
Without the safeguard of a well drafted contractual agreement, you may run into problems with the agreement being enforceable.
We are committed to helping you avoid the potential for the dispute and protect your interests.
Contract negotiation is the process of reaching an agreement between the two parties of the contract at issue.
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