Author name: Gerov Media

Vlad Portnoy, Esq., Founder and Managing Attorney at NY Wills & Estates, recently joined a focused discussion on the critical topics of Estate Planning and Medicaid planning. In this interview, Vlad shared his expert insights and practical advice on how to approach these essential aspects of financial and legal planning. Vlad emphasized the importance of […]

GUIDING CARING FAMILIES FORWARD Guardianship can be a difficult situation for families to navigate. Guardianship serves the very important purpose of legally granting authority to an individual who can then make decisions on behalf of another person. Although guardianships are often associated with elderly parents, they can also be essential for minor children and disabled

HELPING CLIENTS PLAN FOR THE UNEXPECTED  More than half of Americans don’t have a Last Will & Testament (Will), but even fewer have a living will. Many people believe that the chances of needing a living will are slim and don’t take the time to create one. However, if you are ever unable to let

In our latest seminar, Vlad Portnoy, Esq., from the Law Offices of Vlad Portnoy, P.C., discusses essential legal documents every caregiver of a loved one with dementia needs. Key documents include: Power of Attorney (POA): Authorizes financial and legal decisions. Healthcare Proxy: Designates someone to make healthcare decisions. Living Will: Outlines end-of-life care wishes Guardianship:

Can You Avoid Probate by Establishing a Revocable Living Trust in New York? Probate refers to the legal process through which the validity of a deceased person’s will is proven in Surrogate’s Court, and their assets are distributed to their named beneficiaries after the estate’s debts are paid off. If the individual dies without a

What is a Buy and Sell Agreement? A buy and sell agreement ensures the ownership and continuity of a business after a partner’s or equity owner’s departure. A New York business planning attorney can help you prepare a buy and sell agreement that is specifically customized and right for you and your business. A buy

What Differentiates a Durable from a Springing Power of Attorney? A power of attorney (POA) is a legal document that names an individual authorized to act on your behalf regarding financial matters. In some states, this person may also be given the right to make medical choices for you. In New York, a separate document

What Role Can Charitable Trusts Play in Your New York Estate Plan? A charitable trust is a legal vehicle that can hold assets for distribution to a charitable organization. It may also generate income or distributions for the donor or their designated beneficiaries. Strategically planning your philanthropic donations not only supports charities near to your

Being able to age successfully is a true accomplishment, and it’s important that individuals begin preparing for retirement in their mid-sixties. But don’t despair if you’re behind on planning – even minimal preparation now can still have significant long-term benefits! Start as soon as possible to confidently prepare for your future. Planning ahead can provide