Protecting Assets With Caregiver Agreements
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Protecting Assets With Caregiver Agreements
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Family members as caregivers overwhelmingly provide for elderly and disabled loved ones at home. Although a labor of love, taking care of ailing loved ones also has a market value, meaning that caretakers may be paid as a way to protect assets. Through the use of a Caregiver Agreement, also known as a Personal Services Contract, the disabled or elderly person may transfer money to family members as compensation rather than as a gift. [ 312 more words ]
https://www.newyorkelderlawattorneyblog.com/protecting-assets-with-caregiver-agreements/
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Protecting Assets With Caregiver Agreements
Prenuptial Agreements
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Prenuptial Agreements
Business Succession Planning
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Business Succession Planning
When You Want to Leave Money to Minors
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When You Want to Leave Money to Minors
The value of carefully drafting a trust or will is emphasized by understanding the limited situations in which a court corrects mistakes that might arise in trusts or wills. The court’s response varies based on not the jurisdiction, but also often the type of estate planning mistake that was made. This article reviews some critical details to understand how New York courts various estate planning errors....
https://www.newyorkelderlawattorneyblog.com/5-mistakes-in-trusts-or-wills-that-courts-might-correct/
NEWYORKELDERLAWATTORNEYBLOG.COM
5 Mistakes in Trusts Or Wills that Courts Might Correct
The Social Security Administration recently voiced concerns over a spike in reported Social Security scams. Additional data shows that the number of Social Security fraud cases has surged during the pandemic. The agency received more than 718,000 reports of telephone scams in the fiscal year ending September 30th which totaled nearly $45 million in losses. This number also marked an increase from 2018 when 478,000 cases of Social Security fraud occurred....
https://www.newyorkelderlawattorneyblog.com/recognizing-the-4-most-common-types-of-social-security-fraud/
NEWYORKELDERLAWATTORNEYBLOG.COM
Recognizing the 4 Most Common Types of Social Security Fraud
Guardianship is a court process. Guardians are only appointed if an individual is deemed to be incapacitated. The determination of incapacity is made using either a physician or a psychologist. If incapacity is only temporary, a temporary or emergency guardian is appointed. To navigate the guardianship process, it’s helpful for appointed individuals to be as informed as possible. As a result, this article reviews some critical details to appreciate the nature of these arrangements....
https://www.newyorkelderlawattorneyblog.com/5-things-you-should-know-about-adult-guardianship/
NEWYORKELDERLAWATTORNEYBLOG.COM
5 Things You Should Know About Adult Guardianship
Second Marriage Planning
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Second Marriage Planning
Following the recent documentary, Framing Britney Spears, as well as the increased media focus on the matter, Brittney Spears has become a common subject of conversations in 2021. It’s not Spears’ music this time that’s making headlines, though, it’s Spears’ conservatorship. In 2008, Spears’ father was appointed conservator for Brittney’s financial and personal decision. Over a decade later, a professional fiduciary was appointed to assume Mr....
https://www.newyorkelderlawattorneyblog.com/3-questions-about-guardians-after-framing-brittney/
NEWYORKELDERLAWATTORNEYBLOG.COM
3 Questions about Guardians After Framing Brittney
MESSENGER
Ettinger Law Firm updated their info in the about section.
