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October 2017 Archives

What's an irrevocable life insurance trust?

An irrevocable life insurance trust (ILIT) is a special trust designed to counteract a lot of problems that can arise relating to life insurance. One of those problems relates to a large life insurance policy that triggers unplanned estate tax consequences. Another problem relates to the large quantity of cash that a life insurance payout could involve.

Many cases of nursing home abuse going unreported

Deciding how to care for an aging loved one can be excruciatingly difficult. For many, though, the only option they have is to place their loved one in a nursing home. There is nothing wrong with this decision, and, in fact, most nursing homes provide competent and compassionate care to their residents. Yet, not all is as it seems. Sadly, many individuals are subjected to nursing home abuse and neglect.

How to put assets into a living trust

Creating a trust can be a great way to engage in estate planning that protects a family's assets. It can not only provide financial security for an individual and his or her beneficiaries, but it can also provide peace of mind. In order to create a valid trust, though, an individual must be careful and adhere to the law. Failing to do so could result in unintended consequences that can threaten the financial health of the estate. Yet, even once a trust is created, additional issues may arise that require close attention.

What "magic words" are needed to create a special needs trust?

If you have a child with special needs - one who cannot care for himself or herself without adult assistance - what will happen when you're no longer around to help? Perhaps a relative will be available to help your child. Or, maybe no one will be able to fulfill your role.

How expensive is long-term care?

When it comes to saving money, we all often think we have more time than we really do. This is true with both estate and care planning. The costs associated with long-term care can be staggering, which means that the time to start saving is now. Those who fail to take action to prepare themselves for potentially needing long-term care could wind up leaving themselves and their loved ones in a dire financial predicament.

Office Locations

Enea, Scanlan & Sirignano, LLP
245 Main Street
White Plains, NY 10601

Phone: 914-269-2367
Toll Free: 800-724-1327
Fax: 914-948-9316
White Plains Law Office Map

Additional office location
in Somers, New York


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The Best Lawyers in America Best Lawyers | Best law Firms | U.S. News & World Report | 2017 Martindale-Hubbell | AV Preeminent | Peer Rated for Highest Level of Professional Excellence | 2016
Rated by | Super Lawyers | Anthony J. Enea | Visit superlawyers.com Rated by | Super Lawyers |Sara E. Meyers | Visit superlawyers.com Best Lawyers | Anthony J. Enea | Lawyer of the Year | Trusts and Estates | White Plains, NY | 2017 Avvo Rating | 10.0 | Anthony J. Enea | Top Attorney