What assets should not be in a trust?
As seasoned estate planning advisors, we at Morgan Legal Group understand the importance of establishing trusts to efficiently manage and distribute assets. However, not all
ESTATE PLANNING Page 2
As seasoned estate planning advisors, we at Morgan Legal Group understand the importance of establishing trusts to efficiently manage and distribute assets. However, not all
Introduction Dealing with the financial affairs of a deceased loved one can be a challenging and emotional process. Bonds are one of the financial assets
How Much Does It Cost to Hire an Estate Planning Lawyer in NYC? Understanding Estate Planning Lawyer Fees Planning your estate is a crucial step
Estate Planning Lawyer Brooklyn: Crafting Your Legacy and Protecting Your Loved Ones Introduction Nestled within the vibrant borough of Brooklyn, New York, life unfolds in
Estate planning can be a complex and confusing process for many individuals. One common question that often arises is whether transferring ownership of one’s home
Probate, often described as the legal process of administering a deceased person’s estate, is a crucial step in the distribution of assets and resolution of
Introduction Estate planning is a vital and often complex process that ensures your assets are managed and distributed according to your wishes after your passing.
Introduction Protecting assets is a crucial aspect of estate planning, ensuring that your hard-earned wealth is safeguarded for yourself and your loved ones. One powerful
Updating Your Will in New York: When and How Your last will and testament are essential legal documents outlining how you want your assets distributed
A Will: What Is It? A will is a legally-binding document that outlines their final desires. It also specifies the beneficiaries list and estate allocation.
As people age, the issue of how to afford long-term care becomes increasingly prevalent. Many individuals worry about having to sell their beloved home in
Estate Planning Lawyer in NYC: Safeguarding Your Future When it comes to securing your future and ensuring your assets are protected, enlisting the services of
How Much Does A Trust Cost In New York In 2024? Understanding the cost of setting up a trust in New York is crucial for
Gift Giving During Your Lifetime: Tax Implications and Strategies As experienced practitioners in estate planning, the team at Morgan Legal Group recognizes the complex considerations
Estate Planning Internal Revenue Service Releases 2024 Lifetime Exemption and Annual Gift Exclusion Amounts On November 9, 2023, the IRS issued Revenue Procedure 2023-34, providing
As experienced estate planning attorneys at Morgan Legal Group in New York City, we often field inquiries from clients seeking to establish trusts for their
It’s a scenario that many hope to avoid thinking about – the passing of a loved one and navigating the complex financial matters that come
Medicaid Planning – The Moral Aspect: An Insightful Exploration Medicaid planning, a crucial facet of elder law and estate planning, often stirs a significant ethical
In the realm of estate planning, the 7-year rule stands as a pillar of significance and consideration. As seasoned practitioners in the field of law,
Introduction A wrongful arrest can turn your life upside down, causing significant distress and damage to your reputation. Being wrongfully arrested for a crime you
In the world of legal matters, establishing trust is crucial. Trust serves as the foundation of any successful relationship, whether it be personal or professional.
The Four Must-Have Documents in Estate Planning in New York Estate planning is a vital process that allows you to protect your assets, provide for
Introduction As the diverse and vibrant borough of Brooklyn continues to evolve, so does its population of seniors who have contributed to its rich history.
In the ever-changing world of estate planning, the issue of ownership within a revocable trust is a crucial one. As experienced practitioners in the field
As individuals age, addressing legal matters becomes increasingly vital. At Morgan Legal Group PLLP, situated in the heart of New York City, we understand the
Negatives Of Trusts In New York Trusts are valuable estate planning tools that offer various benefits, including asset protection, privacy, and control over the distribution
2024 Guide to Wills and Trusts in New York As we approach 2024, the significance of thorough estate planning through wills and trusts remains paramount
Probate is a process of dispersion of will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s
Elder Abuse and Attorney Help in New York Protecting Seniors from Abuse and Seeking Legal Remedies Introduction Elder abuse is a deeply concerning issue affecting
What Is Probate, And When Does It Occur in New York? Probate is a legal process that occurs after an individual passes away, and it