The Khalsa Law Firm

02/16/2025

How Do I Address Bitcoin in My Estate Plan? : As cryptocurrency becomes more mainstream, including Bitcoin in your estate plan is a must. Without proper planning, your digital assets may become inaccessible or lost after your passing. Addressing Bitcoin in your estate plan ensures your loved ones can access and benefit from these assets. The Importance of Including Bitcoin in Your Estate Plan Bitcoin […]

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As cryptocurrency becomes more mainstream, including Bitcoin in your estate plan is a must, and we explain how to do it here.

02/10/2025

What Is a Family Wealth Trust?: Preserving wealth for future generations requires careful planning. A family wealth trust provides a structured way to manage and protect assets while ensuring they are passed down according to your wishes. This type of trust offers benefits that go beyond a simple inheritance, allowing you to maintain control, minimize tax exposure, and safeguard assets from […]

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The Khalsa Law Firm is leading the fight against Alzheimer's! Join our efforts by donating or registering to walk with us!Learn more.

02/05/2025

💍 Just Married or Getting Married Soon? Let’s Talk Estate Planning!

You’ve said “I do” to a lifetime together, and now it’s time to say “I will” to protect your future. 🏡✨

Estate planning isn’t just for the wealthy or older generations. It’s a must for newlyweds to ensure the security of their spouse, finances, and future.

👉 Swipe to see why estate planning should be on your newlywed checklist!

Love is about building a future together! Contact us today to start protecting your future.

02/04/2025

Only 32% of Americans have a will or estate plan, marking a decline from previous years. 📉

What’s holding people back? Let’s hear from you! 👇

What’s your biggest reason for not having an estate plan?
A) I don’t think I need one yet.
B) It seems complicated.
D) I don’t know where to start.

Drop your answers in the comments! ⬇️ Let’s break the estate planning stigma together.

01/30/2025

Blended families bring love, growth, and new beginnings but require thoughtful estate planning. Without a proper plan, assets may not be distributed as you intended, potentially leaving children from a prior marriage unprotected.

Update your estate plan to:
✅ Provide for all your loved ones with clarity and fairness.
✅ Balance financial security for both your spouse and children from a prior marriage.
✅ Prevent legal disputes and unintended asset distribution.

Divorce and remarriage can complicate inheritance plans, but you have the power to take control now. Contact us to help you review your estate plan, ensuring your loved ones are provided for just as you intended.

01/28/2025

Have more questions about estate planning? We want to hear from you! Drop your questions below or DM us, and stay tuned for more answers. Your inquiry could be featured in our next FAQ post!

01/23/2025

🏥 Here’s the reality:

➡️ About 70% of seniors will need assistance with daily living.
➡️ Medicare doesn’t cover long-term nursing home care.
➡️ Without planning, your family may face significant financial burdens.

With proper Medicaid and elder law planning, you can:

✅ Protect your wealth from being depleted by nursing home costs.
✅ Shelter assets to ensure your family’s financial security.
✅ Navigate Medicaid eligibility requirements, including the 5-year look-back rule.
✅ Explore options like income-only Medicaid trusts and caregiver children exemptions.

At Khalsa Law Firm, we understand how overwhelming this can feel. Our experienced team can guide you through Medicaid planning, elder law issues, and strategies to secure your future.

Don’t wait! Planning ahead is critical to protecting your assets and your loved ones.

📞 Call us today at 212-973-0100 to schedule a consultation and start your Medicaid planning journey.

01/22/2025

Your pets are family, and they deserve thoughtful planning too. 🐾

Here’s why a pet trust is important:
✅ Ensures your pets are cared for immediately, unlike a will that may take weeks or months.
✅ Covers all their needs with no gaps in care or maintenance.
✅ Allows you to designate funds specifically for your pet’s care, ensuring their quality of life.
✅ Provides clear instructions for your pet’s care, from medical needs to daily routines.

📞 Contact us today to learn more! 🐕🐈 https://www.khalsalaw.com/contact-us/

01/21/2025

Who will manage your affairs if you become disabled or when you pass away? 🤔

Estate planning allows you to designate someone you trust to handle your affairs and ensure your wishes are honored.

Take control of your own destiny and start your estate plan today!

📞 Contact us at 212-973-0100 to get started.

01/16/2025

You don’t need to be a millionaire to benefit from an estate plan! 🏡 Estate planning is for everyone—because your reasons are as unique as you are. Whether you:

✅ Own a home
✅ Have minor children or grandchildren
✅ Have grown children in their own marriages
✅ Have been divorced
✅ Own a business
✅ Expect to receive an inheritance

It’s time to take action and protect what matters most.

📞 Contact us today to start your estate planning journey!

01/15/2025

Senior Life Expectancy Underscores the Need for Incapacity Planning: When you start to enter your middle-aged years, you will invariably find that you do not have the physical capabilities that you once had, and this is an unfortunate fact of life. At the same time, you can probably handle all of your own day-to-day needs without any assistance. It can be very difficult to […]

The post Senior Life Expectancy Underscores the Need for Incapacity Planning appeared first on The Khalsa Law Firm, P.C..

There is a good chance that you will experience life as an octogenarian, and it comes with some potential challenges, including incapacity.

01/14/2025

Unfortunately, verbal agreements don’t count in estate planning. 📜

Make it count by legally binding your wishes. Start your estate plan today and protect your family!

Contact us to get started ➡ https://www.khalsalaw.com/contact-us/

01/13/2025

📚 Estate Planning Essentials is here to help you take control of your legacy!

Modern estate planning is about more than just dividing assets—it’s about creating a holistic plan that protects your family, your wealth, and the memories you leave behind.

Here’s what you’ll learn:
✅ How to provide for underaged children and disabled relatives.
✅ Ways to protect your wealth from unexpected risks.
✅ Effective planning for blended families.
✅ Tips to pass on heirlooms and preserve your family history.

Take a step beyond traditional estate planning and embrace a new approach that ensures your loved ones and your legacy are cared for.

📖 Order your copy today: Visit our website or call us at 212-973-0100 to order by phone

💡 Secure your family’s future with Estate Planning Essentials!

01/08/2025

Planning your estate ensures your family avoids unnecessary complications, keeps your affairs private, and minimizes taxes. Dying without a plan? Not recommended.

Contact us today to secure your legacy!

01/07/2025

A new year means new opportunities, and it’s time to focus on what matters most: taking care of your family and your legacy!

When was the last time you updated your estate plan? 🤔

💡 Updating your estate plan ensures your wishes stay current and aligned with life’s changes.

Give yourself and your loved ones the gift of peace of mind. Let’s make 2025 your most secure and worry-free year yet.

📞 Contact us today to schedule your estate plan review! https://www.khalsalaw.com/contact-us/

01/02/2025

Are Trusts Only for the Wealthy?: When you think about trusts you may conjure images of sprawling estates and billionaire heirs, but this misconception couldn’t be further from the truth. Trusts are versatile legal tools that can benefit individuals from all walks of life. Whether you’re protecting modest savings, securing a family home, or ensuring smooth transitions for your assets, trusts […]

The post Are Trusts Only for the Wealthy? appeared first on The Khalsa Law Firm, P.C..

Understanding how trusts work and their many applications can help you see why they are not just for the wealthy.

12/31/2024

🎉 Wrapping Up an Incredible Year at Khalsa Law Firm! 🎉

As 2024 comes to a close, we’re reflecting on a year filled with milestones, accomplishments, and gratitude:

💜 Raised $12,000 for the Alzheimer’s Association and ranked #5 out of 125 law firms in the Academy! Your support made this possible.

🎉 Celebrated 50 years of Khalsa Law Firm, marking five decades of helping families secure their futures with peace of mind.

🏡 Worked tirelessly to assist countless families with their estate planning needs, ensuring their legacies are protected and their loved ones cared for.

As we look ahead to 2025, we are filled with excitement for the opportunities to make an even greater impact. Thank you to our amazing clients, community, and team for making this year unforgettable.

Here’s to a new year of success, service, and making a difference together!

12/25/2024

✨ Happy Holidays from Khalsa Law Firm! ✨

Wishing you peace, joy, and special moments with your loved ones this holiday season. Thank you for being part of our journey!