New York Estate Planning Law Firm

Who We Are

Welcome to the New York Estate Planning Law Firm, where your future is our priority. As a premier legal establishment in New York, we specialize in estate planning with a focus on special needs trusts. Our team consists of experienced attorneys who are committed to guiding you through the intricate maze of legalities involved in protecting your assets and ensuring your loved ones are cared for. We understand that each client’s situation is unique, and we tailor our services to meet your specific needs. With a wealth of knowledge and hands-on experience, our firm stands as a beacon of trust and reliability in the legal community.

What We Do

At the New York Estate Planning Law Firm, we offer a comprehensive suite of services tailored to estate planning, with a strong emphasis on special needs trusts. Our primary focus is on first party special needs trusts—an option that allows individuals to establish a trust using their own funds such as settlement payments, inheritances, or even lottery winnings. Navigating this complex area requires a deep understanding of federal and state laws, including the Medicaid Statute 42 U.S.C. Section 1396 p(d)(4)(A). Our seasoned attorneys are well-versed in these legal frameworks and are dedicated to helping you set up a trust that complies with all necessary criteria so that you can confidently plan for the future.

Why You Should Use Us

Choosing the right law firm can make all the difference when it comes to estate planning and special needs trusts. At the New York Estate Planning Law Firm, we offer unparalleled expertise and personalized service. Our attorneys are not only knowledgeable about the intricacies of first party special needs trusts, but they also have a profound understanding of how these trusts interact with public benefits programs like Medicaid and SSI. This ensures that our clients receive maximum protection and benefit eligibility without jeopardizing their financial security. Additionally, we recognize the unique challenges presented by the laws of the State of New York regarding trustee discretion in distributions, and we are committed to providing you with the guidance needed to navigate these uncertainties. With us, you’re not just choosing a law firm; you’re choosing peace of mind.

What Can You Ask?

We understand that estate planning and special needs trusts can raise numerous questions. Our attorneys are here to provide clarity and assistance every step of the way. Here are some examples of questions you might have:

• How do first party special needs trusts differ from third party trusts?
• What are the eligibility criteria for setting up a first party special needs trust?
• How can I ensure that my trust complies with federal and state regulations?
• What impact will trust distributions have on my public benefits?
• How should trustees exercise discretion when making distributions?
• Can you help me understand the Medicaid payback provision?
• How do I begin the process of setting up a first party special needs trust?

Our team is ready to address these questions and any others you may have, ensuring that you have all the information needed to make informed decisions about your future. Reach out today for a consultation and let us help you navigate this complex landscape with confidence.