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| Name | Estate Planning Protects Against Elder Abuse by Yana Feldman |
| Video Uploader | Video From New York Legacy Lawyers by Yana Feldman |
| Upload Date | This Video Uploaded At 17-07-2023 11:44:50 |
| Video Discription | Estate Planning Protects Against Elder Abuse by Yana Feldman Welcome to our YouTube channel! In this informative video, we will delve into the crucial topic of estate planning and how it can protect against elder abuse. If you're a senior, a young couple, or have a family member in need of estate protection, this video is for you. Join us as we explore the importance of safeguarding your assets and financial health. New York Legacy Lawyers by Yana Feldman & Associates PLLC | Estate Planning Attorney 132 32nd St, Brooklyn, NY 11232, United States (718) 713-8080 https://yanafeldmanlaw.com/estate-planning-protects-against-elder-abuse/ https://www.google.com/maps/place/New+York+Legacy+Lawyers+by+Yana+Feldman+%26+Associates+PLLC/@40.6567266,-74.0027683,17z/data=!3m1!4b1!4m5!3m4!1s0x0:0xe3b6ec268804cfb1!8m2!3d40.6567266!4d-74.0027683?coh=164777&entry=tt&shorturl=1 As we age, our retirement years should ideally be worry-free, allowing us to enjoy the fruits of our labor and the comfort of a well-established nest egg. Unfortunately, elder abuse poses a significant threat to seniors who have worked hard to create a stable financial foundation. Many vulnerable individuals fall victim to fraud and financial abuse at the hands of those they trust, such as estate attorneys, accountants, bankers, and even designated caregivers. Senior citizens face various threats as they grow older. Health issues and declining mobility often necessitate additional assistance, making them more susceptible to potential abuse, whether at home or in a facility. Moreover, unsolicited investment offers, fraudulent appeals for help, and identity theft can further compound the risk. In the worst-case scenarios, when health issues render a senior nearly invalid, their vulnerability to abuse becomes overwhelming. This is why estate planning becomes paramount. Estate planning serves as a powerful tool in protecting seniors against elder abuse. By carefully determining who can access their assets and under what conditions, estate planning minimizes the potential for abuse. A common practice in estate planning is drafting a will, which allows seniors to specify how their estate assets should be distributed. Additionally, other tools can be employed to keep estates intact and safeguard against elder abuse. Designating an accountant and attorney, along with trusted individuals authorized to make decisions regarding a senior's estate, provides an extra layer of protection. This approach ensures that all assets are accounted for and that any expenditures made align with the senior's wishes. When elder abuse occurs, it often involves an individual seeking personal enrichment. Utilizing the appropriate estate planning tools will help prevent such situations from arising. If you're seeking guidance on estate planning, we invite you to schedule a consultation with Yana Feldman & Associates PLLC. With over 15 years of experience in estate law, our team of caring and knowledgeable professionals is dedicated to addressing your specific needs. We understand the importance of listening to our clients and responding accordingly to ensure their estate and its assets are well-protected. Don't wait until it's too late. Take control of your estate and secure your financial future. Contact us today to schedule a consultation and learn more about how our expertise in estate planning can help you safeguard your assets. Together, let's ensure that your hard-earned wealth remains in the right hands and protect against the threat of elder abuse. Was this response better or worse? Is there mandatory reporting for elder abuse in NYS? What is the definition of elder abuse in New York State? How do I report elder financial abuse in NY? What is the statute of limitations for elder abuse in NY? |
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