BQL: Welcome To Brooklyn Queens Law
When residents in the five boroughs of NY need legal help they often do not know where to turn. The problem all starts with the fact that "buying" a legal product is not like buying milk. Finding the right attorney can be a daunting task. Our solution to this problem is simple; our team deals only with screened and approved licensed legal professionals. You can be sure that you will only find experience and legitimate help through this website. We personally screen and approve many types of attorneys from various fields of law including real estate, probate, estate planning, matrimonial, family, divorce, workers compensation, social security disability, medicaid and more.
A Brief Overview Of Estate Planning
Estate planning is a process that involves all of your assets and concerns your loved ones such as your family, friends, and, in an some cases, even groups that you care about such as charitable institutions. It will determine what will happen to your assets or properties as well as various forms of ownership and titles. Estate planning also addresses your future plans especially when you are not able to take care of yourself anymore.
By planning your estate, you can:
Determine how and who will manage your assets for you when you are unable to do them yourself;
When and in which situations you want to distribute your assets while you are still alive;
To whom and how your assets will be distributed after you die;
How your personal care will be managed and;
Who will manage your care when you are unable to take care of yourself.
Most people think of estate planning as writing a will and stating how to distribute assets when one dies. There are many other factors that are involved in estate planning such as tax, medical, financial and business planning. A will is just a part of it. There are also easily overlooked things that must be considered such as the legal validity of your wishes when planning your estate, for example: your preferred method of passing along your inheritance can be overruled by a court if it does not follow the laws in your state.
Before you decide on estate planning, ask yourself about your assets and their value:
Are there particular people or groups that you want to receive those assets and when do you want it to happen?
When you are unable to take care of yourself, who will manage the assets?
Who will be responsible for your children (minors) and who should decide for yourself when you are unable to take care of yourself anymore?
What plans do you have upon the moment of your death; do you want to be cremated or buried? Or if there is another way you want your remains to be handled.
Everybody needs estate planning. Even if your estate is small you need to ensure that there will be no confusion and remove any ambiguity when you die. Failure to plan for one's estate means that the judge will do it and you or your family may not like the appointed administrator or how your properties are divided.
Your estate is comprised of all your assets. Among them are money from the bank, real estate properties, stocks, bonds, cars, jewelry, furniture, etc. It may also include retirement accounts, life insurance proceeds, tax refunds, or inheritances. The value of your estate will be the "fair market value" of all the different types of property after debts have been deducted. The total value of the estate will determine if it will be subjected to estate taxes. The best way to insure that everything you own is handled and passed on how you want is to discuss matters openly with an estate planning lawyer that you can trust.
Do you have a lot of questions on what the probate process is all about? View our interactive estate education video page which can answer many of your frequently asked questions.
Welcome to the Law Offices Of Roman Aminov. You have came to the information page for our Brooklyn estate planning location located in Flatbush. Planning your will and estate is not the easiest process and that's why the Law Offices Of Roman Aminov is here to help you every step of the way. Proper allocation of your funds is not something that happens automatically. From dealing with the last will and testament to dealing with the courts, we will handle everything for you. We also deal with estate administration issues. This is an issue that occurs when someone passes away without leaving a will. We also provide medicaid and nursing home planning services. When it comes to dealing with elder law and the probate process in Brooklyn, the Law Offices Of Roman Aminov is the right choice. Due to the high cost of living in our area as well as the many options for healthcare planning, Brooklyn elder law can be a tedious and time consuming process if not tackled correctly. Call us today to find out how we can make planning your future as easy as can be. Call 347-766-2682 for a free and private consultation. We would just like to remind you that in the event you have a loved one who did not leave a will, their is a process in place in NY for you to obtain the assets that you deserve. The estate administration process in Queens & Brooklyn (where we practice) is one that requires a lot of patients. The Law Offices Of Roman Aminov will do everything in our power to fight for your rights and get you what belongs to you.
Medicaid Planning With An Elder LawyerMany of us in NYC cannot afford long term health insurance that will carry us into our golden years. The only option remains medicaid. The issue with medicaid is that after one passes away medicaid can dig into their estate to compensate themselves for the fees incurred during that persons lifetime. In NY, An irrevocable medicaid trust is one method the Law Offices Of Roman Aminov takes in order to protect your assets and still receive long term medicaid. We have many techniques that we can share with you that will allow you to receive your long term benefits from the government while protecting your home and other assets. So if you need a Medicaid planning lawyer in Brooklyn or Queens, pick up the phone and call the Law Offices Of Roman Aminov today. Citizens that have difficulties paying for private insurances can also sometimes be eligible for Social Security Disability or SSD. If you are recently retired or are still in the work force and have sustained certain injuries at the workplace you should speak to us about NY Workers laws and see what help you may be eligible for.
Estate Planning Law: The Legal Know-how
Many people are under the impression that estate planning is only for the wealthy. However, planning on what happens to your estate after death or incapacitation can prove useful for anyone. It doesn’t just involve your assets but also your family, your property, and even your wellbeing should there come a time that you are unable to look after your own needs.
Estate planning is not a
one-time task; it’s a process that you have to go through to be
able to prepare for the future properly.
What Constitutes an Estate Plan?
The main component of an
estate plan is your will. It also includes powers of attorney
(financial power of attorney and medical power of attorney),
designated beneficiaries, powers of appointment, and ownership of
property. You might also want to set up a trust for your
beneficiaries, if they are underage or unable to decide for
Why do you need it?
Estate planning is not just to prepare for death. It’s also a preparation for old age and possible disability or incapacitation. Through an estate plan, you can assign someone to take care of managing your assets if you are unable to do it yourself, how and when to distribute your assets while you are still alive, and how to distribute your assets after death.
In addition, you can also specify your health care plans, such as who or what healthcare facility you want to look after you should you ever need it in your lifetime. It can also include special instructions on what to do for certain medical emergencies, life support decisions, and even funeral arrangements for your death.
Everyone needs an estate plan. It will not only give you peace of mind that everything is in place even after you die or become incapacitated but it also ensures that all your beneficiaries are taken care of.
Your estate includes all
of your assets, whether owned solely by you or jointly with your
spouse or family members.
legal aspects of an estate plan, you should consider the total
value of all your assets (minus your debts). Make sure to keep in
mind your state’s estate laws when preparing your plan to prevent
any setbacks in the future.
Where to Start
Preparing an estate plan may sound intimidating but with the help of an attorney and an accountant, it should be easier for you to put together a plan for your estate that abides by both federal and state laws.
You can start with making
a list of all your assets, including your liquid assets, retirement
savings, investments, businesses, real properties, and insurance.
Afterwards, make a list of all your beneficiaries and how you would
like your estate to be distributed among your heirs. To be safe, you
should appoint a person who can manage your assets and decide for
your care if you’re ever incapacitated or unable to manage these
The will is an important aspect of estate planning as it ensures that all your plans and wishes will be followed even after death. Without a will, disputes may arise among family members about financial decisions and medical decisions.
If you’re ever unsure about where to start or how to go about the process, contact an estate-planning lawyer or get in touch with a firm to help you start the planning process.
We are experienced, highly qualified, and discreet attorneys, with excellent references and a broad range of project training.
We have years of experience to help you get the job done. Whether you need estate planning, probate, medicaid or elder law services we are here to help.
You can trust that your business and personal matters will be handled with professionalism, integrity, and the utmost discretion. The end result will be accurate, on time, and get you great results.
Good Law Resources:
- Probate is very complex in any state. It time to get the Brooklyn Probate Simplified.
- Elder law planning means investing in your future. It also means having a safe plan for healthcare and long term medical needs. Elder law in NY's Society is something everyone must study.
- Not all estates are big, in-fact a small estate has a special set of laws one must abide by. Luckily for us New York Law allows small estate claims.
- Not all claims made on Estates are easy to deal with. The probate process is where questionable Estate claims are resolved. Come discover Probate 101: Resolving Estate Law Claims
- Every borough of NYC follows similar probate processes, learn more about our Queens Probate now.
- We all know people leave wills so that the living parties can know exactly how to divide the assets. But what happens when their is a Death In NYC When A Will Is Not Left
- Life insurance and the taxes that may come along with them is in important topic. Find out how taxes are incorporated into Life Insurance Payouts
- Want to know how your estate will be taxed upon bereavement? Learn more about Estate Taxes At Death
- Different things can occur in life which will require one to have a will. Ever wonder what happens to NY Real Estate Assets After Divorce or Death
Real Estate Planning in NY
If you own a lot of real estate or assets in NY it is time to speak to an attorney and assure the security of your family. Many of these properties likely will have mortgages that will be inherited by the heir. Not planning the estate and future plots of your family properly can lead to the very damaging NYC home foreclosure process. The last thing anyone wants to do is inherit a home to a loved one only to see it go into foreclosure because they had no way to continue paying off the mortgage. A good will & real estate lawyer in NY must be called right away if anything mentioned here related to you.
There is a new hot market in the housing industry and it's called a "brownstoner". Yes, this classic staple of NYC housing is making a comeback. Ever notice that these bid red brick buildings you see all over the city always seem to look good from the outside no matter how beat up they are on the inside. That is the beauty of the reddish brown stone. Other countries use white stones and bricks that get dirty and look really ugly fast. Rich attorneys and powerful Real Estate Developers in areas like Brooklyn have teamed up to purchase these old brownstoners that are battered on the inside. They renovate and flip the property from big profit.
When The Kings & Queens Break-up: Divorce Attorney Advice
Divorce is a complex issue and is not at all in black in white. Couples from all over file for divorces for different reasons. Reasons like infidelity, misunderstanding, or a mutual agreement and countless other things. One thing worth mentioning is that there are different kinds of divorces they can choose also such as legal separation, contested divorce, absolute divorce, divorce mediation, and many others.
One of the biggest concerns regarding divorce though is the costs. You have legal fees, lawyer fees, document fees, and court fines to consider amongst several other things. If you would like to save some money (and who wouldn’t?), you could opt to share a divorce lawyer with your spouse. The advantages of handling a divorce in this manner absolutely dwarfs the cons, which is spending a lot of time communicating and compromising with your spouse.
If your circumstance permits it, meaning, you and your spouse both agree divorce is necessary and you are still comfortable enough to be in speaking terms, then it is highly recommended you simply go with one divorce lawyer to take care of your case. Here’s a few noteworthy things about sharing a divorce lawyer:
You both save a ton of money.
You have many opportunities to sit together and discuss legal matters more efficiently since you won’t need to go back and forth between two lawyers trying to negotiate both sides.
The whole process goes by more smoothly and is likely to finish earlier than the average divorce case.
For many couples, sharing a divorce lawyer is not an option they can consider. Some couples are in really bad terms and may find themselves in disagreement over several things or are so uncomfortable with each other that all communication is done via their lawyers. Dragging things out like this causes more problems than it solves.
In cases involving domestic violence law, one of the parties usually seek out legal help as a victim of violence wherein the accused focuses on defending himself of domestic abuse charges. Divorce can be worked in somewhere in between and these cases are more troublesome to say the least since they involve more aspects of the law and can even involve some jail time.
As aforementioned, filing for divorce will cost you money. Some matrimonial attorneys at law with a good reputation can charge between $200 - $300 per hour. They may charge more than that when it comes to representing you during divorce proceedings in court. Add along paperwork, legal fees, and other miscellaneous costs and you could potentially be dealing with a life-changing amount.
Sharing a lawyer is simply the most practical and efficient way of handling the matter. Even if you don’t see eye-to-eye with your spouse on all sorts of issues, both of you can see the value of working together in a divorce rather than against each other. It will be worth going through the trouble of sitting down and thoroughly discussing everything together, no matter how uncomfortable it can seem at first.