Entries tagged: elder law

Everyone Needs a Will, But No One Wants to Do It

By: Martin Glass, Esq.

Posted: April 27th, 2014

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I think this is something that I’ve known even before I started practicing as an Estate Planning attorney. Matter of fact, it probably predates my practice by decades, if not centuries. What am I talking about? I’m talking about the tendency to hesitate (if not complete avoid) writing a Will. Both in my practice and […]

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Can You Revoke An Irrevocable Trust?

By: Martin Glass, Esq.

Posted: March 27th, 2014

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The simple, knee-jerk answer to that question should be no, as that’s the point of an irrevocable trust. But, believe it or not, if you said that, you’d be wrong. There are actually several different ways to revoke an irrevocable trust. It’s not a simple procedure, but there are certain times that it makes sense […]

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Protecting Your Retirement Accounts

By: Martin Glass, Esq.

Posted: February 27th, 2014

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When discussing estate plans with my clients, I always make sure we discuss their retirement accounts (such as IRAs, 401ks, etc.). These are normally owned by only one person and have a beneficiary. Therefore they are not typically in a trust nor do they pass under a Will. What I have been finding is that […]

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A Letter To Your Family

By: Martin Glass, Esq.

Posted: January 18th, 2014

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So it’s the new year and you’ve promised yourself that you’re going to get your estate plan done. But having your documents in order is only part of a good estate plan. What you need to do along with that is to prepare a letter that will help your family settle your affairs. You need […]

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The Most Important Part of an Estate Plan is the Memories

By: Martin Glass, Esq.

Posted: November 23rd, 2013

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This month I completed the sale of my parents’ co-op in Queens. This is the apartment that I grew up in. The process of emptying the apartment (which I discussed back over the summer) has finally been completed. Most people, when they design their estate plan, think primarily about the large financial assets: real property, […]

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Should You Talk to Your Heirs?

By: Martin Glass, Esq.

Posted: October 26th, 2013

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Last month I discussed how to avoid a Will contest. I noted that one way to at least minimize that risk is to talk to your heirs about your estate plan. It sounds simple, but the subject of inheritance is one that most people arduously avoid for a number of different reasons: superstition, fear, lack […]

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Cleaning Out Your Parents’ Home

By: Martin Glass, Esq.

Posted: August 23rd, 2013

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Emptying out a house sounds easy until it’s you who has to do it. Recently, my parents moved permanently to Florida after being snowbirds for many years. What that really meant is that, outside of clothes, they had two of everything and didn’t really need (or want) to move anything. It was almost as if […]

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Planning for One!

By: Martin Glass, Esq.

Posted: March 19th, 2013

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In some ways, estate planning for a single person can be more challenging for an estate planning attorney than planning for a couple. When a couple puts together an estate plan, the easiest and most natural thing to do is to entrust one another with all of the fiduciary responsibilities in the event of one […]

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Medication Wake-Up Call: It May Be More Than an Accident

By: Martin Glass, Esq.

Posted: March 18th, 2012

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It can be extremely dangerous for aging parents to rely only on memory when it comes to taking medication. It’s amazing how many aging folks have memory loss issues. A large percentage of those with memory problems go on to develop dementia. Take this simple example of a senior couple. Both are in their mid […]

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Do I Have to Leave It To The Children?

By: Martin Glass, Esq.

Posted: November 6th, 2011

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It’s a question estate planning attorneys hear a lot. For whatever reason, a person desires not to leave any property to one or more of the natural objects of his or her affection. These could be a spouse, children, other family or even a partner. The answer, with a couple of important exceptions, is no. […]

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