As a personal injury attorney, it is evident that people really do not know what “no fault” means. It does not mean that fault does not matter, except in one category. As discussed in a prior blog, when you are injured in a car accident, the car you are in pays your...
Preserving & Protecting Your Family’s Assets & Legacy
Month: May 2021
New law makes establishing a power of attorney easier
New Yorkers who want to establish a power of attorney, a popular estate planning tool, soon will be able to more easily. On June 13, a new law goes into effect, simplifying and improving New York’s power of attorney form. Most elder law advocates feel that having a...
Personal injury attorney perspectives on motor vehicle coverage (continued)
In my last blog, I discussed bodily injury coverage, today is my favorite coverage – SUM (supplemental uninsured/underinsured motor vehicle coverage). This is something you will receive notice of, in writing, from your insurance company but they will rarely bring it...
Why an irrevocable trust can be a great estate planning tool
Perhaps you are nearing retirement closing out a successful career, and you might be thinking about estate planning tools, especially trusts. There are various kinds of trusts suited to individual needs. For example, you may find that an irrevocable trust is a perfect...
How does a pooled trust help someone with special needs?
Your loved one with special needs must follow the rules in order to remain eligible for certain government programs. A pooled trust provides the beneficiary the opportunity for a better quality of life without jeopardizing the benefits of programs such as Supplemental...