Saratoga Springs, NY
Estate planning Lawyer at Saratoga Springs, NY
Practice Areas: Estate Planning, Elder Law ... +2 more
OUTCOME: We recommended an irrevocable trust to protect the proceeds of the sale and provide income to husband and wife, set up their trusted son as trustee, avoid probate, and allow their designee to have full authority in case of disability.
Husband and Wife retired and sold their small business for a substantial sum. They needed to protect their nest egg and provide for the smooth transfer of assets and authority upon their death or disa ... bility.
OUTCOME: We filed a petition for guardianship, obtained an appropriate placement, and protected wife's assets in the process.
Husband was suffering from a form of dementia which caused him to lash out violently against his wife and adult son. Placement in a care facility was warranted but very difficult, and the family had d ... one no planning.
OUTCOME: After an administrative hearing, a substantial portion of husband's income was directed first to his wife, and she was able to pay her bills and protect the value of their home.
In this elder law matter in New Hampshire, I worked with a married couple who were facing exorbitant long term care costs for the husband's care, and the wife, who was healthy and living independently, ... needed a substantial portion of her husband's income to pay her bills.
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