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Estate Planning Blog

Legal insights, planning strategies, and important updates for New York families from the Law Offices of Vlad Portnoy, P.C.

QUESTION: When Is Probate Absolutely Necessary?

QUESTION: When Is Probate Absolutely Necessary?

It is important that individuals understand the potential legal implications of their decisions. This article provides helpful information, however it should not be taken…

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NY Wills & Estates

What Parents Of Children With Disabilities Should Know

Estate planning can be a challenging task for any parent, but it can be particularly complex for parents of children with disabilities. These parents…

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NY Wills & Estates

What Happens During Probate

Through probate, the court can ensure that a deceased’s final wishes are fulfilled and their assets allocated to their rightful beneficiaries. The process involves…

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NY Wills & Estates

Do You Understand the Basics of Guardianship?

Special needs children require additional care to address their vulnerabilities, which makes protecting and providing for them particularly challenging. Structuring your estate plan to…

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NY Wills & Estates

Can You Afford Long-Term Care?

According to the US Department of Health and Human Services (HHS), nearly seventy percent of Americans who retire will require long-term care (LTC) in their…

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NY Wills & Estates

What is New York Estate Planning?

New York estate planning law may sound like it’s only for the very wealthy; however, in the eyes of the law, an estate is…

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NY Wills & Estates

Top 3 Most Common Asset Protection Misconceptions

Misconception Number 1: Insurance Protects You Real estate investors may be under the false assumption that a general liability insurance policy is all they…

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Consider These Six Steps Prior to Transferring Your Parents to an Assisted Living Facility

Consider These Six Steps Prior to Transferring Your Parents to an Assisted Living Facility

Many elderly Americans find calm and security in assisted living communities. Identifying the suitable facility “fit” for your loved one is a journey requiring…

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#1 Myth Of Asset Protection: Why You Can Lose Assets In A Medical Malpractice Lawsuit

#1 Myth Of Asset Protection: Why You Can Lose Assets In A Medical Malpractice Lawsuit

Many medical professionals, as well as their advisors, often incorrectly assume that having $1-3 million in malpractice insurance coverage means they are virtually immune…

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NY Wills & Estates

5 Most Common Mistakes with Asset Protection You’re Probably Making

As a real estate investor, the best way to safeguard your investments is through tailored asset protection strategies. Without taking action against potential financial…

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