Refer to our regularly updated blog to learn about a variety of family law and asset protection issues in New York, as well as concerns related to elder law and bankruptcy. We provide these posts to help prospective clients better understand their legal options so they can make informed decisions about how to best proceed with their case. If you would like to discuss your issue further, contact our office to schedule a consultation with attorney Theodore Alatsas.
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5 Ways to Update your Estate Plan After a "Gray" DivorceDivorcing later in life can create great challenges. One of them is making changes to your estate plan.
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Succession planning is a critical component of estate planning for business owners.Estate planning for business owners is about safeguarding your assets and securing the future of your business and ensuring a smooth transition of ownership.
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As you navigate the complexities of divorce, protecting your assets and ensuring your financial future should be top priorities.Divorce is a challenging and emotionally charged life event, and amidst the emotional turmoil, it's essential not to overlook the importance of estate planning.
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The Federal Estate tax exemptions is set to increase in 2024.With a new year comes changes to the annual gift tax and estate tax exemptions.
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Trust decanting is a process that can be utilized to modify or alter the terms of an irrevocable trust.An irrevocable trust is an estate planning tool designed to limit the grantors' ability to alter its terms - but there are steps you can take to change it.
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Naming a beneficiaries to accounts can cause unintended problems. Learn why there are better alternatives to naming a beneficiary to an account.Adding a family member as a beneficiary to an account can be a low cost way to plan part of an estate, but sometimes there can be drawbacks.
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Planning as part of the sandwich generation presents enormous challenges. Here are 6 steps to take to meet those challenges.The "Sandwich Generation" is caught between caring for their parents and their children. Planning for them both can be challenging.
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Holiday gatherings with family may be a good opportunity to discuss many aspects of an aging loved one's planning and wishes should they get sick.Family get togethers are not merely an opportunity to reconnect with loved ones.
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What steps can we take to try and prevent Alzheimer's disease?Alzheimer's Disease has a lasting impact not just on the person who has it, but on the whole family.
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Here's How Probate Is DefinedProbate proceedings seek to validate the decedent’s last will and retitle the estate’s assets into the name of heirs according to the deceased’s wishes.
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Helping Your Family With a Prepaid Funeral PlanWhen an individual passes away without a funeral plan, responsibility for arranging the funeral often falls on the deceased’s close family members, such as surviving spouses and children.
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How You Share Your Assets With Your Children is Up to YouConsidering equal inheritances in your will or trust is common. Many families follow the "Equality Principle" for an even distribution among children.