Trusts & Estates
May 20, 2011The law of trusts and estates is generally considered the body of law which governs the management of personal affairs and the disposition of property of an individual in anticipation of the event of s...
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The law of trusts and estates is generally considered the body of law which governs the management of personal affairs and the disposition of property of an individual in anticipation of the event of s...
See Full GuideEstate Planning Devices Estate planning involves the will, trusts, beneficiary designations, powers of appointment, property ownership (joint tenancy with rights of survivorship, tenancy in common, t...
See Full GuideEstate Planning Estate planning involves the management of a person’s assets while the person is alive and the distribution of those assets after the person dies. This planning allows for the orderly...
See Full GuideGuardianships and alternatives If a person is no longer able to make responsible decisions about his or her own life or care, one solution is to request that the court appoint a competent adult as a ...
See Full GuideLiving trust Set up and in effect while you are living. A living trust, also known as a Revocable Living Trust or a Family Trust is a legal document that holds title or ownership to your real propert...
See Full GuideTaking back control of your finances In these trying economic times, we are finding that many Long Islanders have unfortunately lost control of their finances. There are many causes for these financ...
See Full GuideFinancial Relief Filing will give the financially overburdened a fresh financial start by "discharging“ (that is, wiping out or erasing) certain debts. This means the debtor is not legally required t...
See Full GuideChapter 7 Straight bankruptcy. A trustee is appointed to pay off all creditors by liquidating the assets of the debtor and distributing the proceeds to creditors in accordance with set priorities. T...
See Full GuideMany people believe that Medicare covers nursing home stays. In fact Medicare's coverage of nursing home care is quite limited. Medicare covers up to 100 days of "skilled nursing care" per illness, but...
See Full GuideOne of the greatest fears of older Americans is that they may end up in a nursing home. This not only means a great loss of personal autonomy, but also a tremendous financial price. Depending on locati...
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