Get an understanding of the various areas of practice in which we have experience. Read a brief description about the topic of interest to you below. Contact us if we can assist you with your legal questions or needs.
We become a source of knowledge and information for clients beyond our initial representation of them, and we assist them either personally or by providing them with referrals and recommendations for additional legal and professional services they require. We are well established in the legal community with over 20 years of experience and can find the solution you need.
Involves arranging for the management and disposition of your estate upon your incapacity or death. A typical estate plan includes the preparation of Wills, Trusts, Powers of Attorney, Health Care Proxies and Living Wills. In second marriages the issuer can become more complex and might involve additional documentation that should be considered.
Not all that much different from estate planning, elder law also focuses on arranging and planning for your potential incapacity, and includes the protection of your assets in the event you were to require long term care.
The costs of long-term care can be expensive and are not covered by Medicare or typical health insurance policies. Such care can be covered by Medicaid, however there are certain asset and income tests and an exhaustive application process in order to qualify for Medicaid. The application process can be daunting, but I assist clients in assembling the documentation they need to support the application.
Estate planning for parents who have children with disabilities is more difficult than traditional estate planning. Funds left to a disabled individual could jeopardize their eligibility for governmental benefits and programs if not placed into a Special Needs Trust, also known as a Supplemental Needs Trust. Additionally, depending on the severity of the limitations of the disabled individual, they may need more or less than what would be their traditional share of the estate. These are the types of things I help explain.
As entrepreneur's ourselves, we know the joys and pitfalls of establishing and running your own business. We assist clients with the legal aspects of creating their business entity in New York State, by drafting the necessary operating agreements, by-laws, shareholder agreements, corporate resolutions and buy-sell agreements. We implore everyone to be cautious about using websites that advertise business formation services without speaking with an attorney. Improperly drafted business documents and business entities that fail to follow appropriate guidelines can expose the business owner to personal liability.
Paul Hyl also run's a Captive Insurance Management Company, where he assists his business clients in establishing and maintaining Captive Insurance Companies. You can find out more information at Private Insurance Management, Inc..
There are 2 types of guardianship proceedings in New York. Those for people who are born with a developmental or mental disability and therefore never had capacity; and the second for those who did have capacity but subsequently lost capacity, either as a result of injury or illness. The laws, procedures, Courts and paperwork are completely different between the two. I guide clients through both types of proceedings.
When a loved one dies, someone needs to be appointed to act on behalf of their estate. This appointment must be obtained in the Surrogate’s Court. I prepare all of the necessary Court paperwork to obtain these appointments, and I continue to advise clients on the steps they need to take to administer an estate once they are appointed.
Trusts are established for a variety of reasons. As time passes, the need for the Trust and the management of the Trust can go through changes. I provide advice to Trustees about their duties and responsibilities, and to Trust beneficiaries about their financial and legal rights.
Only half of all marriages end in divorce, the other half end through the death of a spouse. Properly drafted prenuptial agreements need to address what will happen under both scenarios. This is something that many clients and matrimonial attorneys fail to take into consideration.
Many closely held businesses do not survive the second generation of ownership. It is very important to ensure that the owners of a closely held business have a properly structured and funded Shareholders Agreement or Buy-Sell Agreement.