Are You Procrastinating about Writing Your Will?

Procrastination can be very costly for your loved ones. “If you die without a will, a range of state laws dictate who gets your assets, and your loved ones may get nothing. They might get kicked out of the family house and could face hefty surprise tax bills.” Click on the link below to read the Wall Street Journal article. Then call my law office today to set up an appointment at 212-222-4175, or email me at info@sylvierichardsesq.com

#wills #willsandtrusts #willwriting #willsandestates #estateplanning

https://www.wsj.com/articles/dying-without-will-what-happens-6cc4674b?mod=hp_featst_pos4

Don’t Lose the Family Home to Medicaid!

Without long-term care insurance or a Medicaid Asset Protection Trust, the family home can become subject to a Medicaid lien for your loved one’s nursing home or at home nursing care. “Federal law requires all states to have “estate recovery programs,” which seek reimbursements for spending under Medicaid, the joint federal and state health insurance program mainly for people with low incomes or disabilities.” Preventative estate planning will protect your family’s home and allow you to pass it down to your children. Call today for a consultation (2112-222-4175) and get peace of mind.

https://www.npr.org/sections/health-shots/2023/03/01/1159490515/they-could-lose-the-house-to-medicaid?

It’s Time to Have “The Talk”

“It is the worst thing in the world to be laying in your bed, dying, and having a lawyer ask you questions about who should get what,” Ms. Moore, 69, a sweater designer from New York City, said. “If you wait until the last minute, you’re in such a bad place.” The comments by readers reveal the heartbreaking stories of caregivers and those left behind. There’s a better way. Call my office for a consultation to discuss your personal situation.

Introducing Peace-of-Mind Legal Prevention Concierge Subscription Service!

Get answers to your legal questions before issues become a mountain of trouble! Stay on top of your life and make better choices with better knowledge-based solutions.

As a member of the Law Firm’s Concierge Subscription membership, you have access to the following concierge services:

  • Invitations to concierge member-only panels and talks on legal subjects
  • Monthly email newsletter
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  • Concierge subscription fee includes legal consultation only on the following matters: wills, trusts, probate of a Will, administration of an estate, when to litigate an estate, special needs children and adults, mental capacity issues, long-term care issues, guardians, Power of Attorney, Heath Care Proxy, Living Will, estate planning for blended families, charitable planning and gifts, planning for business continuation after incapacity or death, legacy planning for your children and grandchildren. No other areas of law or matters are covered by the Concierge Subscription Service.

​The Concierge Subscription Fee does not include drafting of documents, document review, litigation, or representation on client matters. Clients may choose to retain the law firm and proceed under a Prix-Fixe agreement for Prix-Fixe services, or by billable hour for A La Carte services. (see Services on website at sylvierichardsesq.com)

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This is Estate Planning Awareness Week! Tip #5

Today’s Tip:  When a Contentious Probate Litigation Leads to a Disadvantageous Result

 

As is often the case, probate litigation can quickly become contentious, especially when competing Wills are offered for probate.  Litigation can become costly, and disadvantageous errors in judgment and strategy can result in unintended consequences. Read more here.

#attorneydraftedwill #estateplanning #lastwillandtestament, #lostwill #revocation #selfprovingaffidavit #survivingspouse #testamentarycapacity #willrevocation #wills #willscontests