Elder Law nyc, Estate Planning Attorney nyc, Trust and Estate nyc, Probate nyc, wills nyc, revocable trust nyc, irrevocable trust nyc
WHY ELDER LAW ATTORNEY
With so many laws constantly changing, it is very easy to become overwhelmed. One wrong decision can have a devastating and costly effect on the interests of your elder. It is absolutely imperative to plan in advance for your senior's retirement and protect their and your futures and assets.
What most people fail to understand is that writing a Will or creating a Trust is really not about you at all. It is about helping your loved ones at a time when they are most vulnerable. Recently conducted survey shows that close to 65% of Americans either do not have a will or a trust or it is outdated. You would not want to put your family through the administrative turmoil that comes with dying without a valid and up to date will or any legal trust instrument.
The common misconceptions such as "I don't have assets, so I don't need a will or trust" or "It is obvious who will be receiving my assets anyway" often create a nightmare for the those you loved the most, your family. Moreover, leaving your loved ones intestate (without a will or a trust) can divide a family members when it comes time to distribution of assets.
SERVICES OFFERED BY LAW FIRM
Wills, Trusts & Estate Law: According to the latest statistics, the cost for a private room at the average nursing home in the U.S. runs around $90,000.00 per year! Before a senior spends any of his or her hard earned money on any such care, consult with our qualified attorneys and learn about available legal instruments to protect your senior's life savings.
The wide spread misconception that all assets must be spent down before qualifying for long term care or any other government programs result in seniors and their families making devastating, life-changing decisions. Depending on the goals and circumstances surrounding your elder, various legal alternatives are available to protect senior's assets and therefor your elder's well-being. Specially designed trust instruments can be created to preserve these assets for generations to come. Some of these instruments include:
- Living Will
- Living Trusts
- Revocable & Irrevocable Trusts
- Supplemental needs Trusts
- Testamentary Trusts
- Asset Protection Trusts
- Inter vivos Trusts
- Charitable Trusts
Advise & Protect works very closely with our trusted law firms whose specialty is in Elder Law and Wills, Trusts & Estate Law. Attorneys who work with us will advise and help you to protect your elder's assets. They are fully committed to working with seniors and their families. Experienced attorneys will advise and draft all necessary documents in order to protect the life and health of your elder and preserve their assets for future generations.
In addition, they will provide you with consultation on matters such as Guardianship, Power of Attorney and Real Estate. With timely and careful Estate Planning, your senior's assets and well being can be legally protected.