
Corash & Hollender, P.C Blog
56 FOLLOWERS
The attorneys at our firm provide high quality legal representation in a wide range of practice areas, including Real Estate, Bankruptcy, Business and Commercial Law, Wills and Estates, Medicaid Planning, Mortgage Modification, Immigration, Nursing Home Patient Care Issues, Landlord & Tenant, Mediation, Commercial Litigation, and Divorce Law.
Corash & Hollender, P.C Blog
2M ago
Planning for future medical decisions is essential. In New York, both living wills and healthcare proxies play distinct roles. These documents serve similar purposes but address different aspects of healthcare decision-making. What is a living will? A living will outlines an individual’s specific preferences for medical treatment if they become incapacitated and cannot communicate their wishes. This document includes decisions…
The post What is the difference between a living will and a healthcare proxy in NY? first appeared on Corash & Hollender, P.C ..read more
Corash & Hollender, P.C Blog
3M ago
Irrevocable trusts are popular estate planning tools, offering protection for assets, tax benefits, and control over how inheritance is distributed. But which option is right for an estate plan depends on individual goals. Understanding different types of irrevocable trusts helps in making informed decisions. Types of irrevocable trusts Several types of irrevocable trusts exist, each designed to serve different purposes.…
The post Which irrevocable trust option is right for my estate plan? first appeared on Corash & Hollender, P.C ..read more
Corash & Hollender, P.C Blog
4M ago
Probate involves a complex process, especially in New York. Understanding which assets require probate helps families plan effectively and navigate this legal procedure more smoothly. In New York, the probate process verifies the deceased’s will and distributes assets according to that will or, if there is no will, according to state law. Assets that go through probate Probate includes assets…
The post What assets are subject to probate in NY state? first appeared on Corash & Hollender, P.C ..read more
Corash & Hollender, P.C Blog
5M ago
In New York, several legal reasons allow individuals to challenge a will. These grounds help ensure that the will reflects the true wishes of the testator and follows legal procedures. Lack of testamentary capacity For a will to be valid, the testator must have had testamentary capacity when they signed it. This means they must have understood the nature of…
The post What are the legal grounds to dispute a will in NY state? first appeared on Corash & Hollender, P.C ..read more
Corash & Hollender, P.C Blog
6M ago
Specific laws protect patients’ rights in nursing homes. They ensure patients receive the care and respect they deserve. These regulations safeguard residents’ well-being and they also provide a framework for addressing concerns or violations. Right to quality care One fundamental right is the privilege of quality care under the Federal Nursing Home Reform Act (OBRA 1987). This law entitles nursing…
The post How laws protect nursing homes patients rights first appeared on Corash & Hollender, P.C ..read more
Corash & Hollender, P.C Blog
7M ago
Estate planning is essential for managing your assets and ensuring people honor your wishes. One critical component is choosing the right power of attorney (POA). In New York, several types of POA are available, each serving a specific purpose. General power of attorney A general power of attorney grants broad powers to your chosen agent. This includes handling financial and legal matters on your behalf. It is particularly useful if you need help managing your affairs or want someone to act for you if you become incapacitated. Limited power of attorney A limited power of attorney is more restr ..read more
Corash & Hollender, P.C Blog
8M ago
Elder law focuses on the needs of older adults and helps them navigate various legal issues. Understanding the basics of elder law might help you or your loved ones prepare for the future. Health care planning Elder law includes health care planning, which involves creating documents like living wills and health care proxies. These documents ensure respect for your medical preferences if you cannot make decisions for yourself. Estate planning Estate planning helps manage your assets and property. This includes creating wills, trusts, and powers of attorney. Proper estate planning distrib ..read more
Corash & Hollender, P.C Blog
8M ago
People who anticipate needing to receive Medicaid for healthcare expenses in their older age should plan ahead so their income and wealth do not disqualify them from benefits. Creating a Medicaid trust is one way to prepare your assets. It is natural to wonder if you should place your home in your Medicaid trust. The question of whether to put a residence into a Medicaid trust depends on the nature and purpose of the property. The functions of a Medicaid trust A Medicaid trust, also known as a Medicaid asset protection trust, is an irrevocable trust that shields assets from being counted towar ..read more
Corash & Hollender, P.C Blog
10M ago
Planning for long-term care is an important consideration for anyone looking ahead to their later years. In New York State, residents often have questions about how to best prepare for the possibility of needing long-term care. Regardless of the type of long-term care you are considering, understanding your options is important. The process can seem overwhelming, but gaining a clear perspective on common questions can help ease the stress. What are the types of long-term care available? New York offers a variety of long-term care options to meet different needs. These include in-home care serv ..read more
Corash & Hollender, P.C Blog
10M ago
When a loved one dies, dealing with the estate can be stressful and complex. The Surrogate’s Court in New York oversees the distribution of assets, regardless of whether there is a will. The legal process can be overwhelming if you are responsible for managing the estate. Knowing how it works can help you manage the proceedings. Petition The procedure starts by filing a petition. This formal document details the specific matter, whether it entails probating a will, appointing a guardian or handling estate matters. Upon filing, the court notifies all interested parties, ensuring they have ..read more