When you paint with a broad brush you can make assertions based on cookie cutter scenarios, and they may be applicable in many situations but there are always going to be exceptions. When it comes to marriage the base assumption probably needs to be adjusted to some extent. About 40% of marriages end in divorce, … [Read More]
Medical Gift Giving
A large part of estate planning involves making sure that your assets stay intact when it is time for them to be passed along to your heirs. The fact is that if the value of your estate does not exceed the estate tax exclusion, there isn’t much there to erode it other than the costs … [Read More]
Avoiding Probate With Revocable Living Trusts
On the surface it could seem to the uninitiated as though the exercise of estate planning is something that may sound harder than it is. You have assets, and when you die you want ownership of them to be transferred to the people of your choosing. What is so complicated about that? The answer is … [Read More]
Understanding Elder Law
The demand for elder law has grown in recent years as the baby boomer generation reaches their 50s and 60s. Elder law covers a range of subjects including Social Security, age discrimination, Living Trusts and Wills, and healthcare. The primary purpose of elder law protections are to provide for the greater welfare, both socially and … [Read More]
Planning Your Estate As A Small Business Owner
People who are in business for themselves are usually very driven individuals who stay focused and work hard. A business can sometimes take on a life of its own as it grows and constantly evolves, and there are times when the owner is kept very busy simply reacting to these ever-changing, dynamic circumstances. Since the … [Read More]
How To Choose An Executor
Most of us are well aware of the fact that we need to have a will, but once you spell out your wishes in writing the matter is not closed. Someone is going to have to do the formidable legwork that it takes to carry out those wishes once you pass on, and this individual … [Read More]
Estate Planning For Young People
Many people assume that planning their estate isn’t something that they need to consider while they are young. When your assets are limited and you are just starting out in life, planning that far ahead may seem out of context, and this is understandable. However, there are some good reasons for young people to have … [Read More]
Welcome to the Blog of Nirenstein, Horowitz & Associates, P.C.
New blog posts coming soon! [Read More]
Pay On Death Accounts
When you decide that it is time to plan your estate and you start to do some preliminary research, one of the first things you will hear about is probate. Probate is the legal process that must be undertaken to administer an estate, and this involves a probate or surrogate court. In a lot of … [Read More]
What Are Advanced Directives?
The great thing about estate planning is that there’s so many different tools you can use to address your concerns. A Will for example, can distribute your assets and even name a guardian and/or conservator for your kids. A Trust on the other hand, can help you avoid probate and keep your estate private and … [Read More]
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