The Components of an Elder Law Estate Plan

December 28th, 2018 by David Goldfarb

Elder Law Attorney in New York

Estate planning is a complicated matter, and there are certain considerations that arise when creating an estate plan for older adults. Below is some information about the basic components of an elder law estate plan. Every estate plan should be carefully tailored to an individual’s specific situation, so it’s important to talk to a New […]

Elder Law Estate Planning Issues for Women

December 21st, 2018 by David Goldfarb

Estate Planning Attorney in New York

As elder law attorneys in New York, our team has many tools to design comprehensive estate plans for our clients to preserve wealth and plan for future health issues and financial support. However, each estate plan is unique since each person’s situation is unique. We carefully evaluate the financial and physical situation of each client […]

Elder Law Attorney New York

The Citizens Budget Commission (CBC) suggested ways to eliminate the shares of Medicaid costs paid by local governments in New York, which totals about $7 billion. A CBC report, “Still a Poor Way to Pay for Medicaid,” indicated that currently, local governments across the state commit an average of 8.6 percent of their respective annual […]

Elder Law Attorney in New York

Immigration laws allow officials to deny green cards and visas to immigrants who are likely to become a public charge in the future. While the law did not specifically define what factors could lead to this determination, immigration officers have long used the guiding principle that a public charge is someone who may likely become […]

Glossary of Elder Law Estate Planning Terms

November 23rd, 2018 by David Goldfarb

New York law uses unique terminology when it comes to estate planning and elder law. If you know and understand this terminology, it will make it much easier for you to comprehend the estate planning process and how it works. The experienced New York estate planning attorneys at Goldfarb, Abrandt, Salzman & Kutzin, LLP can […]

Speeding You Through the New York State Probate Process

November 16th, 2018 by David Goldfarb

Probate is the legal process that takes place when a person dies leaving a will. The New York State probate process can be difficult to navigate through. For more information about the probate process, you should contact the experienced New York estate planning lawyers at Goldfarb, Abrandt, Salzman & Kutzin LLP. Our knowledgeable lawyers can […]

Young Family Estate Planning

November 9th, 2018 by David Goldfarb

Many young families overlook the need to plan for unexpected death or disability. Every young parent should have several important documents, including a will, a power of attorney, and a health care proxy in place. All of these documents are part of a Young Family Estate Plan—otherwise known as a YFEP. The primary purpose of […]

What Is a Generation-Skipping Trust?

November 2nd, 2018 by David Goldfarb

A generation-skipping trust skips your children’s generation and instead provides for distributions directly to your grandchildren. Why does this help? Consider the following: You transfer your assets to your children and pay the estate tax if your estate is large enough to incur taxation. Your children then pass the assets onto their children and pay […]

Estate Planning for Singles and Couples Without Children

October 26th, 2018 by David Goldfarb

You do not have children, so having an estate plan is not necessary, right? Unfortunately, many people believe this to be true and fail to take any steps toward drafting a comprehensive estate plan. This is especially true for individuals or couples who do not own property or consider themselves to be wealthy. The idea […]

Legal Steps to Take with Alzheimer’s

October 19th, 2018 by David Goldfarb

When someone receives an Alzheimer’s disease diagnosis, they will slowly lose their ability to communicate and comprehend how to protect their interests. This decline can be overwhelming for the individual and family members, as they will need to address practical and medical care issues, as well as the emotional effects of watching a loved one […]