New York's Asset Protection Roundtable

Welcome back to New York's Asset Protection Roundtable! In this episode, Ted is opening up the mailbag to answer some listener questions. We'll kick off this episode with a legalese of the day and then talk about naming a financially responsible trustee, communicating your inheritance intentions with your family and in your will, and some downsides to passing on your assets to someone before you pass. Tune in to this episode to see what you can learn from these listener questions!

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

As people age, they tend to rely on others to help. Spouses, children, and other family members often step in to handle everything from the finances to cutting the grass. If there are no family members that are trustworthy and capable, many look to service providers, caregivers, and other “outside” options. Unfortunately, as people age and become reliant on others, that can make them targets for financial abuse. In this episode, we’ll explore how to watch out for financial abuse and concrete steps you can take to protect your parents or loved ones from becoming a victim.

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

We're diving into some listener questions for today's mailbag episode. We'll kick off the show with the legalese of the day before tackling three recent questions: when to update your will, aligning your estate plan with your long-term goals, and why single folks with a small bank account might still want to consider estate planning. This episode is packed with financial planning insight, so stay tuned to learn something new from Ted!

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

Have you completed your estate plan? If so, congratulations! You have taken an important step toward making sure you and your loved ones will be taken care of. But what happens next? You’re not legally required to tell anyone, but SHOULD you let anyone know? We’ll explore that question in this episode and reveal who you should involve in the conversation about your estate plan.

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

It's a mailbag edition of the podcast today! Ted will kick off the show with the legalese of the day and then dive into a few questions from our listeners. Today we will discuss how estate tax laws change over time, using disclaimers in estate planning, and the importance of keeping your estate planning attorney updated throughout portfolio losses. 

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

In this episode, we discuss a common issue that parents face once their child turns 18 - suddenly, their child's doctor and school won't talk to them anymore! This is because legally, once a child becomes an adult, their privacy rights are protected, and healthcare providers and educational institutions are not allowed to share information about their adult patients without their explicit consent. Today we'll talk about the importance of young adults having basic legal documents to help ensure that their parents stay informed about medical and financial decisions. This will also give young adults peace of mind knowing that their wishes will be respected if they become incapacitated.

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

We will be answering some mailbag questions that have come into the show. This time around, we will talk about if you should put your unmarried partner on your house deed, if you should plan for your funeral arragements while you're still here, and making sure your children will receive some of your assets after you pass.

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

Many people go through the estate planning process in order to provide for their loved ones and/or to allow someone to make decisions on their behalf if they fall ill. However, there are also specific decisions (usually medical) that a person will need to address during the process. For those who are blindsided by this situation, it can feel like a medical school exam! On this episode, we’ll cover some common decisions you may be faced with when preparing your own estate plan.

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

It's a mailbag edition of the podcast. Today we will be discussing when you should consider updating your will, planning for future kids in your estate documents, and what to do with your estate plan if you move states.

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

Very few things in life last forever. Cars break down, cell phones become out of date, food goes bad, even a good bourbon can spoil if you don’t store it properly. Sadly, many people look at estate planning as a one-time activity (set it and forget it). While your estate plan might technically not have an expiration date, there are many times when it could end up “going bad” if not properly updated.

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