Shows
New York's Asset Protection RoundtableHow to Protect Your Estate from Public EyesMost people think estate planning is all about who gets what, but there's another question worth asking- who gets to know? In this episode, we explore how to protect your family's confidentiality with privacy-focused estate planning tools. If you're concerned at all about unwanted attention, identity theft, or family conflict, this is a conversation you don't want to miss.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2026-02-0511 minNew York's Asset Protection RoundtableMailbag: Trusts for Kids, Separate Finances & Will UpdatesIn this mailbag edition of the show, Ted answers three listener questions on common estate planning concerns. First up, he explains how parents can responsibly pass on wealth to their children without overwhelming them at a young age. Later in the episode, Ted discusses when (and when not) you need to update your will as new assets like bank accounts or cars are added to your life. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2026-01-2209 minNew York's Asset Protection RoundtableWhen Should I Give My Children Their Money?When it comes to leaving money to your kids or grandkids, it’s not just about how much, but also when and how they should receive it. Should you give it all at once, spread it out over time, or tie it to important milestones? Today, Ted explores the key factors to consider when planning your heirs’ inheritance.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2026-01-0809 minNew York's Asset Protection RoundtableMailbag: Can I Leave Care Instructions For My Pets In My Will?It’s a mailbag edition of the show! One listener asks about the difference between a will and a trust when it comes to avoiding family disputes. Another wants to know how to leave instructions for their pets. Ted walks us through these common estate planning scenarios (and more)- sharing helpful insights along the way.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-12-1808 minNew York's Asset Protection RoundtableDo I Really Need an Estate Plan with Only One Heir?If you're planning to leave everything to one person- like an only child- it might feel like you can skip the estate plan altogether. But even the simplest situations can create unexpected headaches without proper planning. In this episode, we’ll explain why having just one heir doesn’t eliminate the need for a thoughtful estate plan, and how you can pass on your legacy in a simple, smart, and secure way. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-12-0411 minNew York's Asset Protection RoundtableMailbag: Setting Age Restrictions For An InheritanceIn this mailbag edition of New York's Asset Protection Roundtable, Ted answers listener questions about estate planning and asset protection. Topics include handling conflicting wills, setting age restrictions on inheritances, and whether a fully paid-off house should be placed in a trust. Tune in to see what you can learn today!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-11-2010 minNew York's Asset Protection Roundtable5 Ways To Screw Up An InheritanceReceiving an inheritance should be a blessing, not a burden. But without a plan, it is shockingly easy to make decisions that can drain your windfall faster than you think. Today, we're walking through 5 common mistakes people make after receiving an inheritance, and how to avoid them. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-11-0611 minNew York's Asset Protection RoundtableMailbag: How Many Different Power of Attorneys Are There?In this mailbag episode, Ted explains what to do if you can’t locate your parents’ estate documents, breaks down the confusing terminology around powers of attorney, and outlines when it’s time to revisit your estate plan. Whether you’re just getting started or already have a plan in place, this episode offers practical insights to help you stay organized and protected. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-10-3011 minNew York's Asset Protection RoundtableWho Do You Trust With Your Life? Planning Your Medical WishesWhen you think of estate planning, you probably picture wills, trusts, and who gets what. But what happens if you’re still alive and can’t speak for yourself? Who makes the call? In today’s episode, we’re talking about how to plan ahead for medical decisions- so you stay in control. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-10-2311 minNew York's Asset Protection RoundtableMailbag: What Can Be Done To Protect My Cryptocurrency?In this mailbag episode of New York’s Asset Protection Roundtable, Ted answers three important listener questions. He discusses how to handle inheritances for adult children who struggle with money, the best ways to protect cryptocurrency within an estate plan, and how to structure a trust for grandchildren that covers education but not vacations. Tune in for practical insights on protecting assets while honoring your family’s needs and goals! Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-09-1809 minNew York's Asset Protection RoundtableCommon Pot Trusts: The Fairest of Them All?When it comes to inheritance, most parents assume everything should be divided equally. But what if equal shares don’t actually feel fair? In this episode, we’ll explore a lesser-known estate planning tool called the common pot trust—and discuss how it can help provide balanced financial support for children of different ages and needs. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-09-0412 minNew York's Asset Protection RoundtableMailbag: How Can I Protect My Loved One If We Aren't Married?In this mailbag episode, a listener asks how a same-sex couple can ensure their partner is legally recognized and protected if they’re not married. Another listener asks how to fairly divide a valuable baseball card collection among children. Tune in to hear Ted’s answers to these questions and more!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-08-2108 minNew York's Asset Protection RoundtableWhy Joint Ownership Can Create A False Sense of SecurityAdding someone to your bank account or property title might seem like a simple way to “keep things in the family," but that simple move can cause big problems. In this episode, we break down why joint ownership isn’t always the shortcut it appears to be, and how it can backfire when it comes to probate, taxes, family dynamics, and control.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-08-0710 minNew York's Asset Protection RoundtableMailbag: Special Needs Trusts, Remarriage Planning & Estate Basics For College StudentsIn today’s mailbag episode, a new grandparent asks how to safely leave an inheritance for a granddaughter with developmental challenges. Then, someone preparing for remarriage wonders how to provide for their new spouse without disinheriting their children. Finally, a parent of a college-bound teen asks whether an estate plan is really necessary for an 18-year-old with no assets.Tune in as Ted walks through each scenario and shares estate planning strategies that can offer clarity and peace of mind!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-07-2408 minNew York's Asset Protection RoundtableShould You Leave Money to a Child with a Drug or Alcohol Problem?If your child or grandchild struggles with addiction, a sudden inheritance could do more harm than good. In this episode, we explore the risks of leaving money to a loved one battling substance issues and the strategies you can use to protect them without enabling their addiction. From milestone-based trusts to protective planning tools, you’ll learn how to provide for your family while maintaining boundaries and preserving your legacy.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-07-1009 minNew York's Asset Protection RoundtableMailbag: Planning an Inheritance for a Child Facing ChallengesIn this mailbag episode, Ted answers a question about how to protect an inheritance for a child struggling with addiction, while still leaving room for flexibility if circumstances improve. He also answers a few other listener questions, including one about safeguarding assets from a potential divorce in the family. Don't miss these helpful insights on future-proofing your estate plan!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-06-1908 minNew York's Asset Protection RoundtableHow Many Backup Fiduciaries Does Your Estate Plan Need?Imagine naming the perfect person to handle your medical or financial decisions, only to realize they're unavailable when you need them the most. In today’s episode, we’re diving into one of the most overlooked parts of estate planning: naming enough backup fiduciaries. Whether it's a healthcare agent, trustee, or guardian for your children, we’ll explain how many backups you really need, and why one name often isn’t enough.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-06-0511 minNew York's Asset Protection RoundtableMailbag: How Can I Help My Grandchildren Out Fairly?We get a lot of great questions sent into the show. Today, we’re featuring three of them— including one about how to fairly support grandchildren with different career paths, and another on how to plan financially for future children. Tune in to hear these questions and more!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-05-1510 minNew York's Asset Protection RoundtableI Have Assets in a Land Far, Far Away…Have assets or property in another state or even across the globe? Your estate plan needs to keep up. In this episode, we dive into the unique challenges (and smart solutions) of managing assets that live far from home. Whether it’s a vacation cabin two states over, a retirement fund in a different region, or a villa in Tuscany, learn how to protect your legacy and avoid probate pitfalls wherever your assets reside.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-05-0111 minNew York's Asset Protection RoundtableMailbag: Responsibly Leaving Money To CharityIn today’s episode, we cover 3 listener questions that dive into real-world estate planning concerns. First, we tackle how to responsibly leave money to a church or charity when you’re concerned about how it’s being managed. We also hear from a parent seeking to disinherit a child who has cut ties with the family and discuss how to do so while minimizing legal challenges. Tune in for thoughtful answers to these questions and more in this week’s conversation! Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-04-1710 minNew York's Asset Protection RoundtableBeyond The Will: Final Arrangements You Can’t Afford To OverlookYou’ve signed your estate planning documents- great! But does that mean you’re truly prepared? Many people think their job is done once the paperwork is complete, but there are critical steps beyond the will that can make all the difference for your loved ones. From final arrangements and digital assets to pet care and financial planning, we’re covering everything you need to do after your estate plan is in place.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-04-0312 minNew York's Asset Protection RoundtablePreventing Family Feuds, Charitable Giving, and Guardianship DecisionsIn this episode of New York’s Asset Protection Roundtable, Ted Alatsas tackles three critical estate planning questions. Learn how to prevent inheritance disputes among family members, the do’s and don’ts of leaving money to charity, and whether guardians and financial trustees for your children should be the same person.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-03-2010 minNew York's Asset Protection RoundtableDo You Really Need To Like Your Attorney?Do you really need to like your attorney? Maybe not… but imagine sitting across from someone who makes you feel judged, rushed, or confused while trying to plan for the most personal aspects of your life. Your family. Your finances. Your future. Now, fast forward. One day, your loved ones will have to work with this same attorney after you’re gone. Do you want them to deal with someone you barely trusted in the first place? Let’s talk about why finding the right attorney—one you’re actually comfortable with—could make all the difference in your estate plann...
2025-03-0612 minNew York's Asset Protection RoundtableMailbag: Can a New Attorney Work with My Existing Estate Plan?In this week's mailbag episode, Ted answers 3 questions from listeners like you. First, Cooper asks if it's necessary to review his estate plan despite no changes in his family since he set it up years ago. Later in the show, Vivian asks if she should find a new attorney now that her old one has retired and whether a new attorney will accept and work with an estate plan created by someone else. Tune in to see what you can learn today!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-02-2009 minNew York's Asset Protection RoundtablePreparing for Your Estate Plan Review MeetingEstate planning isn’t a one-and-done deal. Life changes, and so should your plan. In this episode, we’re diving into how to prepare for your estate plan review meeting. We’ll cover what to bring, what to update, and how to ensure your plan still works for your family and future.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-02-0610 minNew York's Asset Protection RoundtableMailbag: What's The Point Of An Irrevocable Trust?We're answering 3 great questions from the listener mailbag today! First, Clara asks whether she can handle arrangements for her overseas real estate from the U.S. without hiring an attorney in the other country. Later, Bill asks why someone would set up an irrevocable trust. Tune in to hear Ted's insights!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-01-2307 minNew York's Asset Protection RoundtableAretha Franklin’s Couch Will: A Lesson in Estate PlanningWhat happens when a music legend’s final wishes are hidden under a couch cushion? In this episode, we reveal the surprising legal drama surrounding Aretha Franklin’s estate. From handwritten wills to family conflicts, the Queen of Soul’s legacy offers lessons for anyone thinking about their own estate planning.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2025-01-0914 minNew York's Asset Protection RoundtableMailbag: How Do I Plan My Estate When My Kids Are Still Young?Tune in as Ted unpacks 3 questions from the listener mailbag today! First, Evelyn asks if there is a way to leave her daughter an inheritance without her ex-husband being able to influence or pressure her. Later, Grant asks how he can responsibly set up an estate plan for his young children, given the uncertainty of what they will be like when they grow up. Don't miss Ted's great insights! Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-12-1911 minNew York's Asset Protection RoundtableShould You Micromanage Your Trustee?Should you micromanage your trustee? In this episode, we’ll dive into how much control you should keep, when to trust your trustee’s judgment, and how to future-proof your estate plan.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-12-0513 minNew York's Asset Protection RoundtableMailbag: Can I Buy A House That's In Probate?We've got a great mailbag episode lined up for you today! Listen in as Ted answers a variety of listener questions on estate planning. Lillian asks about buying a house that’s in probate, while Everett wonders if he can seek help from a new attorney after his parents’ estate planner retired. Tune in for expert insights on these scenarios and more!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-11-2110 minNew York's Asset Protection RoundtableWhen Institutions Hassle You During Trust Funding: The Path Of Least ResistanceTrust funding can be a cumbersome process. With each financial institution having its own set of rules and procedures, conflicts can arise, making it hard to move forward. In today's episode of New York's Asset Protection Roundtable, we’ll talk about some unexpected roadblocks you may encounter and share strategies to ensure your plan stays on course.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-11-1412 minNew York's Asset Protection RoundtableMailbag: What's the Best Way to Transfer a Family Business to One Child?In this week's episode, Ted tackles 3 questions from the listener mailbag. Austin asks how to ensure that both their children from previous relationships inherit what they’ve worked for, while also making sure their spouse is financially secure if one of them passes away. Penelope asks whether the family business should be gifted to their interested child or sold to them, given that not all of their children want to take it over. Tune in for answers to these questions and more!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-10-1710 minNew York's Asset Protection RoundtableProtect Your Digital Legacy: How to Include Digital Assets in Your Estate PlanWhen most people think of estate planning, traditional assets like bank accounts and investments come to mind. However, over the past 20 to 25 years, digital assets have become increasingly significant. Today, we’ll explore what digital assets are, how to manage them legally, and the practical steps to include them in your estate plan. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-10-0310 minNew York's Asset Protection RoundtableMailbag: Leaving Your Inheritance To A StepchildWe have some excellent listener questions lined up for this week's conversation. Derek asks if it's ever a good idea to leave an inheritance to a stepchild. Vincent asks how he can provide financial support to his son, who struggles with addiction, while ensuring his money is managed responsibly. You never know what you might learn from a mailbag episode, so tune in as Ted tackles these real-life scenarios with thoughtful advice!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-09-1910 minNew York's Asset Protection RoundtableHow Should You Handle Rare Or Expensive Gifts?Over a lifetime, people can accumulate a lot of “stuff." This can multiply as families have children and later inherit from parents or grandparents who pass away. While many accounts and assets have a rather “straightforward” process to pass on, some unique, rare, collectible, and/or expensive personal effects require more care in handling. In this episode, we’ll walk through exactly what you need to consider.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-09-0514 minNew York's Asset Protection RoundtableMailbag: What Happens If I Cannot Locate My Parents' Original Will?We've got a mailbag episode for you today! In this edition, Jasper asks why his parents might not have kept their original will, how he can locate it, and what happens if the original cannot be found. Nora asks how to prevent potential conflicts among her children over inheriting and maintaining the family lake house after she and her spouse pass away. Join us as Ted answers these questions and more!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-08-1509 minNew York's Asset Protection RoundtableIs It Safe to Let Your Lawyer Hold Your Estate Documents?Once estate planning documents are signed, it is important to keep them both safe AND accessible. Many people do not consider the importance of where to store your documents after they are prepared. One option that some people use is allowing their attorney to store the original documents at their office. Let’s explore the pros and cons of entrusting your lawyer with the original copies.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-08-0113 minNew York's Asset Protection RoundtableMailbag: Should We Involve Our Children In The Estate Planning Process?Tune in for this week's mailbag episode, as Isabel asks whether she and her husband should involve their children in the estate planning process. Later, another listener asks how they can protect their estate to ensure there's something left for their children after they're gone. Plus, Ted breaks down the concept of joint tenancy and its benefits!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-07-1811 minNew York's Asset Protection RoundtableNo Money, Still Problems: Estate Planning Goals That Aren’t About MoneyMany people automatically think of how to handle or “plan” for their assets when estate planning comes to mind. However, the inheritance of someone’s assets is only one piece of the puzzle. This is why someone asking, “how much money do I need to have before I create an estate plan?” is always the wrong question. On this episode, let’s cover several estate planning goals that have nothing to do with someone’s assets.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-07-0213 minNew York's Asset Protection RoundtableMailbag: Is It A Red Flag That My Attorney Handles Investments, Life Insurance, and Taxes?It's a mailbag edition of the show today! This week, Cole asks how to manage their estate plan given that the life insurance payout, in the event of their death, would be significantly larger than their current assets. Vivian asks whether it's a red flag that their attorney's office manages investments, life insurance, and taxes in addition to legal services. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-06-2012 minNew York's Asset Protection RoundtableI’m Dead. Should My Spouse Keep Everything?Many couples automatically assume that, after one spouse passes away, the survivor will retain control of everything. Certainly, that is the “default." However, many factors can complicate matters. Issues of trust, control, blended families, and separate finances mean it’s important to understand all your options before deciding on the best plan.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-06-0612 minNew York's Asset Protection RoundtableMailbag: Does The Federal Government Still Have An Estate Tax?It's a mailbag edition of the show! We've got some great estate planning questions lined up for today's episode. Wesley asks if there's a way to financially support their parents while also ensuring their children are provided for in case something were to happen to them and their partner. Fiona asks whether the government still imposes an estate tax. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-05-1609 minNew York's Asset Protection RoundtableHigh Risk, High Reward Shortcuts For Real Estate (Do NOT Try This At Home!)Real estate is often the most valuable asset in your family's portfolio. Deciding on how to pass this asset on can be a high-stakes game with both significant risks and rewards. Today we're going to zero in on real estate and estate planning and explore the best strategies for passing on your property legacy.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-05-0212 minNew York's Asset Protection RoundtableMailbag: Updating Your Estate Plan After DivorceWe're diving into the mailbag for today's episode! One listener asks whether they need to update their estate plan in the event of divorce. Another listener asks how to ensure that an ex-spouse cannot access the money they want to leave to their children.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-04-1811 minNew York's Asset Protection RoundtableThe Fight Over Lisa Marie Presley’s Estate PlanIn this episode, we're going to unpack the complexities surrounding Lisa Marie Presley's contested estate after her unexpected passing at age 54. As Priscilla Presley challenges her daughter's estate plan, we'll chat about the complexities of this case and the questions that have arisen from these last wishes. Join us for a deep dive into the intricacies of Presley's estate and the lessons that can be learned from it.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-04-0414 minNew York's Asset Protection RoundtableMailbag: Why Should Me and My Partner Do Estate Planning Now?We've got a mailbag edition of the show for you today! Ted is tackling 3 listener questions in this episode. Elise asks why she and her husband need to engage in estate planning now if they have each other listed as beneficiaries. Theo asks whether his brother, added as a co-owner of their father's assets, would legally be able to keep everything for himself after their father's death. Listen in as Ted answers these questions and more!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-03-2111 minNew York's Asset Protection RoundtableWhat Happens When The First Spouse Dies? (The False Sense of Security)Do you think you have things figured out if your better half passes first? Think again. We're diving deep into what really happens—and spoiler, it's not always what you'd expect. From joint accounts to sneaky state laws, we're chatting about the big surprises and little-known loopholes that could throw a wrench in your plans.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-03-0713 minNew York's Asset Protection RoundtableMailbag: Revocable Trusts, Pour-Over Wills & MoreIn this episode, we'll be answering some mailbag questions from listeners like you. One listener asks whether the revocable trust they set up online serves as a replacement for a will. Another listener asks whether they still need a pour-over will if they have fully funded their trust. These conversations are a great way for you to learn from real-life financial planning questions and scenarios, so tune in to see what you can learn!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-02-1510 minNew York's Asset Protection RoundtableWhy Every Trust Needs A WillMany families choose a trust as the best way to manage and distribute their inheritance after they pass away. However, people are surprised to find out that they still need a will EVEN IF they have a trust. In this episode, we’ll explore some of the compelling reasons why this is the case.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-02-0110 minNew York's Asset Protection RoundtableMailbag: Estate Planning For Future ChildrenThis week, we're opening up the mailbag to answer 3 listener questions. These conversations provide a great opportunity for you to learn from real-life estate planning scenarios! Nathan wonders if there's a way to take care of children that don't exist yet in their estate planning. Sophia, a new grandmother, is keen on leaving money for her first grandchild's college but is unsure about planning for future grandchildren. Tune in to see how Ted advises these listeners and for some helpful tips on making informed decisions for your family's future.Contact:718-233-2903Website: h...
2024-01-1812 minNew York's Asset Protection RoundtableFuture-Proofing Your Estate Plan From The “What Ifs”This episode is all about being one step ahead, when possible. We’ll tackle the 'what ifs' of estate planning and focus on future-proofing your legacy. We'll explore strategies to anticipate and address unforeseen events, from future grandchildren to beneficiary contingencies, and much more.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2024-01-0411 minNew York's Asset Protection RoundtableMailbag- Should We Modify Our Estate Plan When Renting Our Home?We've got 3 great mailbag questions for you today! Lucas asks if his brother, who is not planning to marry or have kids, should have an estate plan. Gerald asks if there are any special estate planning considerations when renting out property. Of course, we'll kick off this episode with a legalese of the day, and, in light of the season, chat a bit about the holidays as well. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-12-2111 minNew York's Asset Protection RoundtableWhen The End Is Near…Estate planning (like many things) is always best handled LONG before it is needed. However, even a well-thought-out estate plan should be reviewed periodically. If the family is aware that “the end is near," it’s always a good idea to review certain aspects of the plan and the wishes of the person who is about to pass away.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-12-0716 minNew York's Asset Protection RoundtableMailbag: Protecting Assets From an Untrustworthy Family MemberWe have a mailbag edition of the show for you today! We're tackling 3 great listener questions in this episode. Ethan asks for guidance on how to prevent his son's untrustworthy spouse from gaining control of the inheritance he wants to leave. Hannah asks about options to protect her granddaughter's inheritance from potential claims by student loan companies. Stay tuned to see what you can learn from these scenarios! Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-11-1611 minNew York's Asset Protection RoundtableShow Me The Money… Later? Advantages To Leaving Your Inheritance In TrustAfter someone passes away, the executor or trustee takes on the responsibility of executing the wishes of the deceased individual and managing the estate. This role encompasses a range of duties including paying bills, settling debts, filing taxes, and possibly selling assets. When the time comes for beneficiaries to receive their inheritance, it may be tempting to swiftly utilize the funds. However, immediate usage or possession of the inheritance may expose it to various risks. Beneficiaries who receive an inheritance through a trust might have avenues to safeguard the money from existing or prospective issues.Contact:
2023-11-0213 minNew York's Asset Protection RoundtableMailbag: Protecting Your Assets and FamilyWelcome back to New York's Asset Protection Roundtable! We will be opening up the mailbag to answer some listener questions in today's show. We'll kick off the episode with Ted talking about the most beautiful place he's ever visited before diving into your questions. This time around, Ted will talk about three different estate planning scenarios. Stay tuned to see what you can learn!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-10-1912 minNew York's Asset Protection RoundtableRethinking Inheritance: Should Everyone Get An Equal Share?In today's episode, we delve into the complexities of leaving an inheritance. While the common approach is to divide it equally among children or grandchildren, is this always the best choice? Join us as we explore scenarios where an equal share might not be the ideal solution.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-10-0515 minNew York's Asset Protection RoundtableMailbag: Planning For Kids, Older Powers of Attorney, & Owning Multiple PropertiesWe're answering several listener questions on today's episode about planning for children, assigning a power of attorney who might be older than you are, and how to manage living at multiple properties in multiple states. We'll also tackle our "Legalese" word of the day: "Durable" Power of Attorney.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-09-2112 minNew York's Asset Protection RoundtableAdapting Your Estate Plan to Life's Twists and TurnsAs you navigate life's ups and downs, your family changes, relocation, fluctuating finances, and even shifts in personal wishes, your estate plan should adapt accordingly. And with laws ever-changing, we emphasize the need to stay on top of legal modifications that may affect your estate planning. Join us as we unpack the reasons, the when, and the how of keeping your estate plan resilient through the rollercoaster ride of life.Subcribe to New York's Asset Protection Roundtable on Apple Podcasts!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-09-0712 minNew York's Asset Protection RoundtableMailbag: Can We Leave An Inheritance To Our Son In Prison?We're back with another mailbag episode today! Victoria asks what she can do with her expensive jewelry collection in the event that her children don't want the pieces after she passes. Mason asks if he will be able to leave an inheritance to his son in prison. Listen in to see what you learn from these questions and today's legalese of the day + learn about the best steak that Ted has ever had!Subcribe to New York's Asset Protection Roundtable on Apple Podcasts!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-08-1714 minNew York's Asset Protection RoundtableOn The Move: Crafting Effective Estate Plans for Travelers and Owners of Multiple HomesIn most circumstances, it is best to work with an estate planning attorney who is local and understands the laws of the state you live in. However, special consideration needs to be given to people who have a residence in multiple states and those who travel frequently. What if you set up your plan in your “home state” but something happens to you while you are living at your second home on the other side of the country? What if you travel for work and are always in a different place?Contact:718-233-2903...
2023-08-0314 minNew York's Asset Protection RoundtableMailbag: Who Will Care For My Special Needs Child When I Pass?Welcome back to New York's Asset Protection Roundtable! We will be opening up the mailbag to answer some listener questions in today's show. We'll kick off the episode with a legalese of the day before diving into your questions. This time around Ted will discuss passing down assets if you get remarried, setting up an estate plan for a special needs child, and leaving money to an older beneficiary. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-07-2015 minNew York's Asset Protection RoundtableWhat In The World Am I Going To Do With My House?In this episode, we shine a spotlight on one of the central figures of the estate planning equation – the beloved family home and other real estate assets. Discover the practical challenges involved in sharing these substantial assets among beneficiaries. We'll guide you through different scenarios and practical options to address this common dilemma. Get ready to unravel the complexities and gain insights into effectively managing real estate within estate planning.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-07-0618 minNew York's Asset Protection RoundtableMailbag: Naming Responsible Trustees, Passing on Assets Before You Pass & MoreWelcome back to New York's Asset Protection Roundtable! In this episode, Ted is opening up the mailbag to answer some listener questions. We'll kick off this episode with a legalese of the day and then talk about naming a financially responsible trustee, communicating your inheritance intentions with your family and in your will, and some downsides to passing on your assets to someone before you pass. Tune in to this episode to see what you can learn from these listener questions!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-06-1510 minNew York's Asset Protection RoundtableProtect Your Parents From Financial AbuseAs people age, they tend to rely on others to help. Spouses, children, and other family members often step in to handle everything from the finances to cutting the grass. If there are no family members that are trustworthy and capable, many look to service providers, caregivers, and other “outside” options. Unfortunately, as people age and become reliant on others, that can make them targets for financial abuse. In this episode, we’ll explore how to watch out for financial abuse and concrete steps you can take to protect your parents or loved ones from becoming a victim.C...
2023-06-0115 minNew York's Asset Protection RoundtableMailbag: Updating Your Estate Plan, And MoreWe're diving into some listener questions for today's mailbag episode. We'll kick off the show with the legalese of the day before tackling three recent questions: when to update your will, aligning your estate plan with your long-term goals, and why single folks with a small bank account might still want to consider estate planning. This episode is packed with financial planning insight, so stay tuned to learn something new from Ted!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-05-1811 minNew York's Asset Protection RoundtableMy Estate Plan Is Done. Should I Tell Anyone?Have you completed your estate plan? If so, congratulations! You have taken an important step toward making sure you and your loved ones will be taken care of. But what happens next? You’re not legally required to tell anyone, but SHOULD you let anyone know? We’ll explore that question in this episode and reveal who you should involve in the conversation about your estate plan.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-05-0413 minNew York's Asset Protection RoundtableMailbag: Using Disclaimers In Estate PlanningIt's a mailbag edition of the podcast today! Ted will kick off the show with the legalese of the day and then dive into a few questions from our listeners. Today we will discuss how estate tax laws change over time, using disclaimers in estate planning, and the importance of keeping your estate planning attorney updated throughout portfolio losses. Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-04-2011 minNew York's Asset Protection RoundtableMy Child Just Turned 18, Now Their School & Doctor Won’t Talk To Me!In this episode, we discuss a common issue that parents face once their child turns 18 - suddenly, their child's doctor and school won't talk to them anymore! This is because legally, once a child becomes an adult, their privacy rights are protected, and healthcare providers and educational institutions are not allowed to share information about their adult patients without their explicit consent. Today we'll talk about the importance of young adults having basic legal documents to help ensure that their parents stay informed about medical and financial decisions. This will also give young adults peace of mind knowing that...
2023-04-0611 minNew York's Asset Protection RoundtableMailbag: Is It A Good Idea To Plan Your Funeral Arrangements Now?We will be answering some mailbag questions that have come into the show. This time around, we will talk about if you should put your unmarried partner on your house deed, if you should plan for your funeral arragements while you're still here, and making sure your children will receive some of your assets after you pass.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-03-1610 minNew York's Asset Protection Roundtable“Medical” Information You Need To Know When Crafting Your Estate PlanMany people go through the estate planning process in order to provide for their loved ones and/or to allow someone to make decisions on their behalf if they fall ill. However, there are also specific decisions (usually medical) that a person will need to address during the process. For those who are blindsided by this situation, it can feel like a medical school exam! On this episode, we’ll cover some common decisions you may be faced with when preparing your own estate plan.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-03-0214 minNew York's Asset Protection RoundtableMailbag: Life Changes, Planning for Future Kids, and Moving StatesIt's a mailbag edition of the podcast. Today we will be discussing when you should consider updating your will, planning for future kids in your estate documents, and what to do with your estate plan if you move states.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-02-1609 minNew York's Asset Protection RoundtableDoes Your Estate Plan Have An Expiration Date?Very few things in life last forever. Cars break down, cell phones become out of date, food goes bad, even a good bourbon can spoil if you don’t store it properly. Sadly, many people look at estate planning as a one-time activity (set it and forget it). While your estate plan might technically not have an expiration date, there are many times when it could end up “going bad” if not properly updated.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-02-0211 minNew York's Asset Protection RoundtableMailbag: Naming An Out Of State Power Of AttorneyWe are opening up the mailbag on today's show. This time around we will be discussing what to do if someone dies before receiving their part of an inheritance, if it's wise to name someone your power of attorney if they live in a different state, and how to go about picking guardians for your children.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-01-1912 minNew York's Asset Protection RoundtableYou Might Want To Run Away From Your Lawyer If…Not all attorneys are created equal. Most are (hopefully) honest, hard-working, ethical people. Some might not even know what the heck they’re doing. However, there are numerous situations where you, the client, should proceed with caution. On today’s episode, we’ll cover a few situations where you might want to run right out the door!Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2023-01-0512 minNew York's Asset Protection RoundtableMailbag: Do You Need A Will If You Already Have Beneficiary Designations In Place?On today's episode, we will open up the mailbag to answer some listener questions. This time around we will discuss the value of legal insurance plans for businesses, if it makes sense to put together a will even if you have beneficiary designations on your important accounts, and if you should get an estate plan done before, or after you're married.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-12-1510 minNew York's Asset Protection RoundtableEstate Planning Is Under AttackThe estate planning industry is being overwhelmed with imposters. Many websites, general practice attorneys, and even financial advisors/CPAs are trying to attack, minimize, or double-dip when it comes to estate planning. They are either treating it as a one-off transaction, saying it isn’t necessary, or trying to create fill-in-the-blank templates that can be recycled so they can get extra fees. Some are even breaking the law by giving legal advice without a law license. Today’s episode will cover some of the examples you should watch out for when putting together your own estate plan.Cont...
2022-12-0113 minNew York's Asset Protection RoundtableMailbag: What Makes My Trust Control My Assets?We will be answering some listener questions on today's show. We will be discussing how exactly trusts control your assets, what acronyms you may see on trusts, and if putting your house in a trust is a wise choice.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-11-1710 minNew York's Asset Protection RoundtableEp 18: Trust Funding: Making Sure Your Trust Actually Protects Your AssetsSetting up a trust is a great way to protect your loved ones after you’re gone. However, just signing the legal documents is only HALF of the job. You not only have to establish the trust, but you have to make sure your trust will actually control and protect your assets the way you want.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-11-0314 minNew York's Asset Protection RoundtableEp 17: Mailbag: Getting Taxed On An InheritanceWe take some more listener questions from the mailbag on today's episode. We will talk about getting taxed on an inheritance, navigating capital gains, and ways to possibly minimize your estate taxes.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-10-2011 minNew York's Asset Protection RoundtableEp 16: When Death Equals TaxesEveryone has heard the famous quote from Benjamin Franklin, “In this world, nothing is certain except death and taxes.” Although taxes are often discussed with a financial advisor and CPA, many families don’t consider the tax consequences of their estate plan. Here are the taxes to be aware of…Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-10-0615 minNew York's Asset Protection RoundtableEp 15: Mailbag: Do You Need To Get Your Documents Witnessed and Notarized?We will answer some mailbag questions on this episode of the podcast. We will be discussing when you should confront a power of attorney if you feel they are taking advantage of the situation, if your documents are official without getting them witness and notarized, and the timeframe in which you should file a will.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-09-1513 minNew York's Asset Protection RoundtableEp 14: When And How To Attack or Challenge An Estate PlanOn this episode, we’ll talk about various ways to challenge, undo, or override an estate plan. We’ll also discuss the circumstances when this might be appropriate.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-09-0114 minNew York's Asset Protection RoundtableEp 13: Mailbag - Passing On Assets To Multiple ChildrenIt's a mailbag edition of the show! On this go around, we will be discussing some strategies on passing assets down to multiple children, limitations of beneficiary designations, and if you should leave one person in charge of passing your money along to your heirs.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-08-1809 minNew York's Asset Protection RoundtableEp12: Beneficiary Designation - The Halfway House Estate PlanMany types of accounts allow the owner to designate beneficiaries to receive the account after the owner dies. This can be a quick, easy, and no-cost way to pass on the account after someone dies. However, the ease of setting up beneficiary designations can trap some into assuming their estate plan is “done”. It is one piece of the puzzle, but not the entire puzzle.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-08-0414 minNew York's Asset Protection RoundtableEp 11: Mailbag - How Should I Choose A Guardian For My Children?On this episode, we are going to answer some more mailbag questions that have come into the show. We will be discussing a couple questions about the role of a guardian and some considerations you should make when you make this crucial decision.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-07-2112 minNew York's Asset Protection RoundtableEp 10: What Should I Tell My Executors, Trustees, Power of Attorney Agents, & Guardians?Picking the right fiduciaries is one of the most important parts of estate planning. After all, you need to decide who will be responsible for taking care of you, your finances, your inheritance, and your children! Once you’ve set your plan up, should you tell the people you have chosen? How much do they need to know? Isn’t some of this private? Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-07-0714 minNew York's Asset Protection RoundtableEp 9: Mailbag - Putting Together An Estate Plan When You Don't Have ChildrenIt's another mailbag edition of the podcast! This time around, we will be discussing if there is a need to create an estate plan when you don't have many assets, where you should start if you don't have children and some basics about beneficiary designations.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-06-1612 minNew York's Asset Protection RoundtableEp 8: Do I Really Need an Estate Plan?There are a lot of myths out there about who needs (or who doesn’t need) an estate plan. While there are many different types of plans, every legal adult at least needs the five basic documents (outlined in a previous podcast). Here are some examples/reasons why an estate plan can protect your family, regardless of your age, marital status, net worth, or family situation.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-06-0212 minNew York's Asset Protection RoundtableEp 7: Mailbag - Should I Get A Second Opinion?On today's show, we will be answering some listener questions. We will discuss how often you should update your documents if getting documents done by LegalZoom is a smart choice, and when it might be time to get a second opinion.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-05-1912 minNew York's Asset Protection RoundtableEp 6: Reasons to Avoid DIY Estate PlanningWith the new surge in DIY legal options, many families wonder if it is appropriate to use one of these services for estate planning. After all, it is much easier to type your credit card into some website from the comfort of your own home after the kids have gone to bed. Why spend all the time, effort, and money to seek out an experienced estate planning expert?Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-05-0515 minNew York's Asset Protection RoundtableEp 5: Mailbag - When Should I List Guardians For My Children?We open up the mailbag on today's show to answer some questions that have come in. We talk about if an 18 year old needs an estate plan, when is the appropriate time to list guardians for your children, and some power of attorney considerations.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-04-2114 minNew York's Asset Protection RoundtableEp 4: The 5 Essential Documents Of A Comprehensive Estate PlanEvery family situation is different. That is why it is best to have your plan customized by an experienced estate planning attorney. However, there are 5 essential documents that everyone needs (regardless of age, income, assets, or family situation).Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-04-0716 minNew York's Asset Protection RoundtableEp 3: Mailbag: When Should I Update My Estate Plan?On this episode, we take some time to answer some mailbag questions. We will discuss considerations you should take into account when choosing an executor of your will, how often you should update your estate plan, and a complicated family situation regarding splitting an inheritance in a fair manner.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-03-2410 minNew York's Asset Protection RoundtableEp 2: Comparing A Last Will And Testament To A Revocable Living TrustA last will and testament and a revocable living trust are the two most common ways for you to state your wishes for your inheritance after you pass away. We'll break down these two documents and how they can each help you plan for your family's future.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-03-1715 minNew York's Asset Protection RoundtableEp 1: Get To Know Ted Alatsas & NY's Asset Protection RoundtableWelcome to the first episode of the podcast! We kick things off by getting to know Ted Alatsas and his business, what his goals for the podcast are, and much more on today's show.Contact:718-233-2903Website: https://www.alatsaslawfirm.com/Contact:718-233-2903Website: https://www.alatsaslawfirm.com/
2022-03-1612 min