why is an irrevocable trust a bad idea
As seasoned legal professionals at Morgan Legal Group, specializing in estate planning and trust administration, we often witness clients grappling with the decision of whether
ELDER LAWYER BROOKLYN
As seasoned legal professionals at Morgan Legal Group, specializing in estate planning and trust administration, we often witness clients grappling with the decision of whether

In the realm of estate planning and probate, the sale of inherited property often presents a unique set of challenges and considerations. As seasoned practitioners

What Is a Special Needs Trust In New York? A Special Needs Trust (SNT), also known as a Supplemental Needs Trust, is a legal arrangement

In a world where wealth and possessions are often passed down through generations, the age-old question of whether trust is better than inheritance remains a

In the intricate web of estate planning, the concept of beneficiary estate meaning holds significant weight. Understanding the nuances of this term is paramount for

When it comes to estate planning, many individuals may find themselves grappling with the question of whether or not to designate a minor as a

In the realm of medical decision-making, the implementation of a Do Not Resuscitate (DNR) order carries significant weight and importance. However, amidst the complex landscape

As people age, the issue of how to afford long-term care becomes increasingly prevalent. Many individuals worry about having to sell their beloved home in

In the intricate realm of estate planning, the implementation of Transfer on Death Deeds has emerged as a powerful tool for individuals seeking to streamline
In the realm of trust and estate law, the written word holds immense power and importance. However, the question of whether a written letter can

In the intricate realm of inheritance tax, where complex laws and regulations govern the transfer of wealth from one generation to the next, the 7-year
In the intricate realm of medical decision-making, the question of whether a next of kin can override a Do Not Resuscitate (DNR) directive looms large.

In the realm of estate administration, few matters are as complex and emotionally charged as dealing with a house in probate. As experienced legal practitioners

Introduction Estate planning is a critical step towards securing your family’s future and ensuring your assets are distributed according to your wishes. For residents of
Families seeking to protect their assets and establish a legacy for future generations often turn to the benefits of a family trust. As experienced attorneys

Estate Planning Internal Revenue Service Releases 2024 Lifetime Exemption and Annual Gift Exclusion Amounts On November 9, 2023, the IRS issued Revenue Procedure 2023-34, providing

Navigating the legal process following the passing of a loved one can be a daunting task, particularly when it comes to filing for probate. As

Understanding the Probate Process in NYC and How to Avoid It The probate process is a critical aspect of estate administration in New York City,

As seasoned legal professionals at Morgan Legal Group in the bustling metropolis of New York City, we understand the intricate complexities of navigating the probate

As a homeowner, the decision to place your house in a trust is a significant one that requires careful consideration. Trusts offer a range of

As a seasoned legal professional, the importance of organized estate documents cannot be overstated. Ensuring that your affairs are in order and easily accessible is

Introduction The New York probate process is a vital legal procedure ensuring the orderly distribution of deceased individuals’ assets and preserving their intentions. For individuals
When navigating the intricacies of real estate transactions, one crucial document that cannot be overlooked is the quitclaim deed. This legal instrument serves as a

Introduction Welcome to the jungle – the legal jungle, that is. The labyrinthlike nature of law can often feel daunting, and without proper knowledge and
Last Will and Testament in New York Welcome to Morgan Legal Group P.C., your trusted source for comprehensive legal guidance in New York City. In
When navigating the probate process, one essential element is creating a comprehensive inventory list of the deceased’s assets. Crafting a thorough inventory is crucial for

In the midst of profound grief and overwhelming loss, finding the right words to comfort a wife who has lost her husband can feel like

Elder Law in New York: Protecting the Rights and Well-being of Seniors Comprehensive Legal Services for Seniors and Their Families Introduction Elder law encompasses a

Facing the loss of a spouse is undoubtedly a difficult and emotional time. As an experienced estate planning attorney at Morgan Legal Group in New

As legal professionals, we often hear the question, “Does the administrator of an estate get paid?” when it comes to managing the affairs of a