- Guardianship
- Medicaid Planning
- Estate PlanningThe Internal Revenue Code, New York State Tax Law, Medicaid Law and the New York State Estates Powers and Trust Law are very complex laws. Creating an estate plan that deals with these laws, along with practical consideration, can be very challenging. Employing an attorney with only a minimum of knowledge to prepare one's Will, Trust or other estate planning document will most likely not provide the best results.
- Wills
- Trusts
- Power of AttorneyA Power of Attorney which goes into effect upon the happening of a specified event; usually upon the grantor becoming mentally incompetent.
- Probate
- Tax LawA well crafted estate plan must incorporate several considerations. Protection of assets is one of the most important. A plan should minimize or eliminate estate taxes and income taxes on one's estate. Additionally, consideration should be given the cost of a nursing home stay. Both the Tax Law and the Medicaid Law are complex statutes, which must be considered when planning or egregious consequences can result. Equally important are the desires and wishes of the client. The greatest tax plan in the world is no good if the client's property doesn't go where he or she wants.