New York's Asset Protection Roundtable

It’s a mailbag edition of the show! One listener asks about the difference between a will and a trust when it comes to avoiding family disputes. Another wants to know how to leave instructions for their pets. Ted walks us through these common estate planning scenarios (and more)- sharing helpful insights along the way.

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

If you're planning to leave everything to one person- like an only child- it might feel like you can skip the estate plan altogether. But even the simplest situations can create unexpected headaches without proper planning. In this episode, we’ll explain why having just one heir doesn’t eliminate the need for a thoughtful estate plan, and how you can pass on your legacy in a simple, smart, and secure way. 

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

In this mailbag edition of New York's Asset Protection Roundtable, Ted answers listener questions about estate planning and asset protection. Topics include handling conflicting wills, setting age restrictions on inheritances, and whether a fully paid-off house should be placed in a trust. Tune in to see what you can learn today!

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

Receiving an inheritance should be a blessing, not a burden. But without a plan, it is shockingly easy to make decisions that can drain your windfall faster than you think. Today, we're walking through 5 common mistakes people make after receiving an inheritance, and how to avoid them. 

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

In this mailbag episode, Ted explains what to do if you can’t locate your parents’ estate documents, breaks down the confusing terminology around powers of attorney, and outlines when it’s time to revisit your estate plan. Whether you’re just getting started or already have a plan in place, this episode offers practical insights to help you stay organized and protected. 

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

When you think of estate planning, you probably picture wills, trusts, and who gets what. But what happens if you’re still alive and can’t speak for yourself? Who makes the call? In today’s episode, we’re talking about how to plan ahead for medical decisions- so you stay in control. 

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

In this mailbag episode of New York’s Asset Protection Roundtable, Ted answers three important listener questions. He discusses how to handle inheritances for adult children who struggle with money, the best ways to protect cryptocurrency within an estate plan, and how to structure a trust for grandchildren that covers education but not vacations. Tune in for practical insights on protecting assets while honoring your family’s needs and goals! 

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

When it comes to inheritance, most parents assume everything should be divided equally. But what if equal shares don’t actually feel fair? In this episode, we’ll explore a lesser-known estate planning tool called the common pot trust—and discuss how it can help provide balanced financial support for children of different ages and needs. 

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

In this mailbag episode, a listener asks how a same-sex couple can ensure their partner is legally recognized and protected if they’re not married. Another listener asks how to fairly divide a valuable baseball card collection among children. Tune in to hear Ted’s answers to these questions and more!

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/

Adding someone to your bank account or property title might seem like a simple way to “keep things in the family," but that simple move can cause big problems. In this episode, we break down why joint ownership isn’t always the shortcut it appears to be, and how it can backfire when it comes to probate, taxes, family dynamics, and control.

Contact:
718-233-2903
Website: https://www.alatsaslawfirm.com/