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BEING MARRIED MAY NOT MEAN WHAT YOU THINK WHEN IT COMES TO YOUR ESTATE People frequently assume that having a spouse means that your assets will all go to him/her if you die intestate (without a will), and conversely, if you do have a will, you can leave your assets to anyone that you want….

Estate Plan Exclusions The majority of estate plans that we prepare at our law firm leave assets to clients’ children in equal shares. Some clients make wills, and others create trusts. Some seek to keep assets protected from long-term care and nursing home costs or to minimize estate taxes. But generally the objective is to…

What is a Will and Why Does Everyone Need One A Last Will and Testament is a document that states your final wishes. Every Will must be submitted to the Surrogate’s Court after death so the Court can determine if it is valid and enforceable. This is the procedure known as “probate.” Your closest family…

REMOTE EXECUTION OF WILLS IS NOW PERMITTED IN NEW YORK   Remote execution of Wills is now permitted in New York State.  Governor Cuomo’s Executive Order 202.14, issued on April 7, 2020, finally permits what many trusts and estates attorneys, and their clients, have been waiting for – permission to conduct will-signing ceremonies remotely. People…

ESTATE PLANNING AND COVID-19   Jacobowitz & Gubits wishes all of our clients well during these challenging times. Although we are working remotely, we are fully functional via telephone, email and video conference. One thing many people are thinking about these days is estate planning. Wills and trusts are something that people frequently put off, but…

Thank you for your interest in Estate Planning and Asset Protection We are currently making remote meetings. We are currently making remote meetings for those interested in a free consultation with an Estate Planning attorney. A remote meeting can be beneficial in discussing the following: how you can avoid probate how you can protect assets…

Trusts Can Provide Creative Solutions for Young Children or Problem Beneficiaries    When people explore estate planning, many discuss protecting assets from long-term care costs, creditors, lawsuits, and divorces. People understandably want to guard their nest egg for their beneficiaries. A less commonly discussed (but sometimes equally important) issue is protecting assets from the beneficiaries….

What You Need to Know About Community Medicaid for Care in the Home Many people are interested in avoiding nursing homes and receiving Medicaid services in their own homes. Community Medicaid provides these services and can be an ideal solution for many seniors, but there are limitations. Here is what you need to know: 1.Community…

Seven Ways To Spend Down for Medicaid The Medicaid resource level for an individual senior trying to qualify for long-term care or nursing home services is $15,750.00 throughout New York State. This article will address seven ways to spend down for Medicaid. There are numerous legal strategies that can shield and protect assets, but one…

Review J&G We enjoyed working with you and value your feedback. We would like to take this opportunity to kindly ask that you share your feedback as a review or testimonial.  You do not need to provide details, you can simply say you were very satisfied with your attorney and with how they handled your…

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