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It is also the time to consider asset protection strategies should long-term care be needed one day, either at home or in a facility. One of the biggest mistakes we see, as elder law attorneys, is that the family becomes ...
This allows the use of a relatively small portion of the reverse mortgage loan to fund life and long-term care insurance to both (a) protect the client’s assets from the cost of long-term care, and (b) to replace the money ...
On the other hand, the first to die spouse may be concerned about a remarriage, or a cognitive impairment, upsetting the apple cart and decide they would like a co-trustee involved to protect their children's ultimate distributive share. Who should ...
The reasoning behind these special needs trusts is simple — prior to the protection now afforded by these trusts, parents would simply disinherit their special needs children rather than see them lose their benefits.
Our founding attorney, Michael Ettinger, is the author of three books on the subject of elder law estate planning including 2025's "Ettinger Law Firm's Guide to Protecting Your Future.
Online Forms Ask the Lawyer Glossary of Estate Planning and Elder Law Terms 2021 Newspaper Columns 2022 Newspaper Columns Publications The Ettinger Law Firm Way Elder Law Estate Planning in a Nutshell Asset Protection with a Medicaid Trust Choosing a ...
With the innovative use of different kinds of trusts, taxes may be avoided, assets protected and probate court avoided. The 3rd Judicial District Surrogate Court , located on 80 Woodland Avenue in Catskill, has jurisdiction over the administration of Greene ...
Our attorneys and paralegals work to provide asset protection and tax savings for baby boomers and senior citizens. Practicing for over thirty-five years and with offices in twelve New York State locations , Ettinger Law Firm has prepared thousands of ...
The judge may feel that the guardian has a conflict of interest in that whatever they spend of the AIP will come out of their inheritance. The judge may determine that the petitioner lacks the requisite knowledge or expertise to ...
For example, you may want to provide that the proceeds be made payable to their Inheritance Protection Trusts. These and other issues may be addressed in a properly drafted ILIT.
