Ely Laniado, Attorney At Law
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For over thirty-five years, Ely Laniado, Attorney at Law, has assisted clients from Jackson to Freehold in Ocean and Monmouth County, NJ with estate related matters such as elder law, planning for children, probate/estate administration, pet trusts, and much more.Please contact our Jackson, NJ Estate Planning, Elder, ands Probate Law Firm with your questions, comments or concerns.
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The high cost of long-term care has made planning a critically important issue for most middle class seniors and their families. In fact, most seniors will likely require some form of long-term care. Sadly, many of them are unprepared for the significant financial burdens it places on their family's hard earned savings.
Ely Laniado has been practicing law for over thirty-five years. He graduated as a Bachelor of Science from Brooklyn College of the City University of New York and continued to receive his Juris Doctor from New York University School of Law in 1973. Mr. Laniado specializes in Elder Law, Estate Planning and Probate Law.
While nobody wants to think about death or disability, establishing an estate plan is one of the most important steps you can take to protect yourself and your loved ones. Proper estate planning not only puts you in charge of your finances, it can also spare your loved ones of the expense, delay and frustration associated with managing your affairs when you pass away or become disabled.
Many parents put off estate planning because they do not think they have substantial assets to protect. This outlook is common among young adults who think they have plenty of time to accumulate wealth and plan for it at a later date. However, in failing to create a proper estate plan, many parents cannot adequately protect their children.
When a loved one passes away, his or her estate often goes through a court-managed process called probate or estate administration where the assets of the deceased are managed and distributed. If your loved-one owned his or her assets through a well drafted and properly funded living trust, it is likely that no court-managed administration is necessary, though the successor trustee needs to administer the distribution of the deceased's assets.
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