Use of Trusts
This edition of the Koldin Law Center E-Newsletter begins a new series about Trusts which builds on the “Back to the Basics” series to meet your estate planning objectives.
As Elderlaw attorneys, we use our initial consultation to learn what objectives our clients desire to accomplish.
All prior newsletters are saved on our website. You can read them by clicking here.
Previous Newsletters Discussed Important Basic Estate Planning
The previous newsletter series reviewed important basic estate planning that everyone should do including a Last Will and Testament, Power of Attorney and Health Care Proxy.
After discussing these basic estate planning documents, we discussed planning for minor children and planning for children or grandchildren with disabilities.
We then reviewed some common methods used to avoid Probate along with the risk of unintentionally disinheriting children or grandchildren.
Finally, we reviewed second marriages and the concern of unintentionally disinheriting children or grandchildren.
A Will along with other basic estate planning do not protect assets in the event of a long-term illness.
The next Newsletters in this series will review the use of Trusts to:
- Avoid Probate
- Avoid Unintentionally Disinheriting Family Members
- Provide Solutions to Second Marriage Estate Planning Issues
- Protect Assets from Long Term Care Costs to Qualify for Medicaid
Learn more about Trust planning here
How We Can Help
The Koldin Law Center, P.C., located in East Syracuse, New York, has over 50 years of experience helping individuals and families navigate elder law, estate planning, and Medicaid planning.
Our practice is limited exclusively to Elder Law, including:
- Medicaid planning and applications
- Asset protection strategies
- Wills, Powers of Attorney, and Health Care Proxies
- Revocable and Irrevocable Trust planning
When we handle a Medicaid case, we do more than submit the application—we review strategies to protect assets both before and after Medicaid eligibility is established.
We offer no-fee initial consultations, and we welcome the participation of adult children, attorneys, accountants, and financial advisors.
There is something you can do.
We are here to help.
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Our Attorneys are available to speak to your organization
Our Attorneys speak to groups throughout New York State as a public service. If you would like to arrange for one of our Attorneys to speak to your group, please contact our office.
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We appreciate your referrals
We have been told by many clients who are in a crisis that they wish they had known about our firm much sooner. We are proud of the many families we have helped in times of crisis.
We are also proud of the many families we helped avoid financial crisis by doing estate planning in advance.
We all share the responsibility for making our family and friends aware of the planning options available to them.
Your referral to the Koldin Law Center could make a major difference in the lives of your family and friends if they are someday faced with a long term illness.
Remember that the Koldin Law Center offers many services for clients of all ages. Our services range from basic estate planning such as a simple will to complex estate planning including asset preservation planning.
THERE IS NO FEE FOR THE INITIAL CONSULTATION
