Blog of The Law Offices of Daniel Timins

What are the differences between Wills and Trusts? And what about Wills that create Trusts? Can Trusts save money on taxes, protect me from creditors, or allow my family member to qualify for Medicaid? Is a Will sufficient? Which is right for me? This webinar will discuss the many, many differences between Wills and Trusts, dispel several myths, and give you a better idea of how both documents function during your life and thereafter. Sub-topics include: How to properly fund living trusts versus testamentary trusts Whether a will is preferable if you have minor family members What should you watch out for if you have mostly foreign family members   The webinar’s speaker is: Daniel Timins, Esq., CFP® Law Offices

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For many New Yorkers over 60 facing financial uncertainty, Medicaid can come to the rescue. If your care receiver breaks a hip or has a stroke and now the family needs to apply for Medicaid for that person’s long-term care needs, what is the next step? Finding the necessary documents that Medicaid requires– such as marriage certificates, photo identification, proof of Social Security, tax returns, copies of financial statements–can create roadblocks. Daniel Timins, Esq., will explain what you can do now to prepare to apply for Medicaid to protect the future. For more events like this and others, visit us online at https://pssusa.org/events/. To view past webinars, visit us online at https://pssusa.org/resources/. To join our mailing list and see what

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A Discussion on the Current Market Environment and Comments Looking Ahead for 2020. Topics include: Market & Economic Update Portfolio Construction & rebalancing Strategies Moving Forward   The webinar’s speakers are: Michael Luftman, ChFC®, CASL® Fortis Lux Financial Executive Vice President – Head of Wealth Management Financial Planner, Investment Advisor Representative   Daniel Timins, Esq., CFP® Law Offices of Daniel Timins Estate and Elder Law Attorney   

How to build your investments over the long term during tempestuous times. Topics of discussion will include: Behavior Biases Can Work Against You Market Resilience Your portfolio aligned with your values and financial goals Building your wealth in times of volatility   The webinar’s speakers are: Darrel W. Upson, CIMA® Financial Advisor | Managing Partner Hudson Peak Wealth Advisors Daniel Timins, Esq., CFP® Law Offices of Daniel Timins Estate and Elder Law Attorney   

This webinar will cover how different age groups (young professionals, prime income earners, retirees) are approaching the post-Covid world of finances and financial planning. Panicking about the financial choices you should take in the near future? What steps should you determine whether you are financially secure? Considering your age and investment horizon, is it time to buy, sell or stay put? One shoe does not fit every foot. Learn what other people in your position are doing to maintain their financial security. The webinar’s speakers are: Matthew DelPriore, CFP® Fortis Lux Financial Director of Finance Planning Daniel Timins, Esq., CFP® Law Offices of Daniel Timins Estate and Elder Law Attorney   

Life Insurance and the types of policies available to accomplish your personal, business and estate planning needs. Topics of discussion will include: Types of Life Insurance available today Proper uses of each type of policy to efficiently achieve your goals Creating liquidity for family Advantages of combining life and long term care policies   The webinar’s speakers are: Stephen Cohen, CFP®, JD* Fortis Lux Financial Financial Advisor Daniel Timins, Esq., CFP® Law Offices of Daniel Timins Estate and Elder Law Attorney   

Informational webinar regarding Medicaid and Elder Law Planning after the Coronavirus Pandemic of 2020 Topics of discussion will include: Current Medicaid home care application and eligibility New changes in Community Medicaid post 10/1/2020 New penalties and what exemptions still exist If you apply post 10/1/2020, what are strategies to utilize while waiting out the 30 month penalty How planning pre and post 10/1/2020 is beneficial for both community and institutional Medicaid   The webinar’s speakers are: Irina Yadgarova, Esq. Law Offices of Irina Yadgarova, PLLC Elder & Estate Associates Michael LaMagna, Esq. Riker Danzig Estate Planning & Elder Law Attorney Daniel Timins, Esq., CFP® Law Offices of Daniel Timins Estate and Elder Law Attorney   

Informational webinar regarding your legal and financial rights during the Coronavirus Pandemic of 2020. This ZOOM webinar is geared toward plain-English explanations of recently passed state and federal legislation. Topics of discussion will include:   Business Owner and Employer relief, Employee rights and options Income Tax deadline extensions, and potential tax planning strategies “Virtual” Notarization of Wills, Deeds, and other urgent legal documents   The webinar’s speakers are: Matthew Heerde, Esq. Heerde Blum LLP Business & Employment Law Attorney Joseph DeMartinis, CPA, CFP® Raich Ende Malter & Co, LLP Certified Public Accountant Daniel Timins, Esq., CFP® Law Offices of Daniel Timins Estate and Elder Law Attorney