Tanya Hobson-Williams Named One of Crain's Leading Women Lawyers in New York City
Tanya Hobson-Williams, Esq., Principal of Hobson-Williams, P.C., was recently named one of Crain's New York Business Leading Women Lawyers in New York City. Leading Women Lawyers is a celebration of attorneys who have impacted New York City in major ways. It honors the achievements of the brightest and boldest legal minds: those with both distinguished careers and exceptional civic and philanthropic activities.
Attorney Tanya Hobson-Williams: Families Will Have to Pay More for Caregivers of Loved Ones
Attorney Tanya Hobson-Williams of Hobson-Williams, P.C. says the state court's ruling on paying caregivers working 24-hour shifts and inflated labor costs as a result of higher minimum wages and overtime guarantees are placing a greater financial burden on families and suggests that families look for alternative ways to pay for long-term care.
Becoming a Legal Guardian
Under Article 81 of New York’s Mental Hygiene Law, a court is authorized to appoint a guardian to manage personal or financial affairs of an incapacitated person. Not all guardianships will be the same, as they are tailored to the necessities of the incapacitated person known as the ward. Some guardianships will only be granted to provide assistance with one specific need, whereas others will include assistance with many needs.
Revocable Living Trust
A revocable living trust allows assets within the trust as well as income generated by those assets to be managed and distributed by the trustee. The trust income and property are then distributed in accordance with the terms and conditions of the trust. This type of trust is referred to as a living trust because it is established during the life of the creator.
Keeping Your Will Updated and Naming Beneficiaries on Assets
A Last Will and Testament is an important estate planning document that contains provisions for assets and the distribution of property upon death. Unfortunately, many individuals fail to account for assets that do not pass directly under a Will. These assets may include life insurance policies, pensions, IRAs, and 401(k) or 403 plans. After the policyholder of these assets dies, the policies may distribute the benefits to their heirs at law if there is no beneficiary designation and no Last Will and Testament.
Health Care Proxies and Power of Attorney
A Health Care Proxy is a document that designates an agent to make health care decisions on an individual’s behalf in the event that he or she is unable to do so. Federal regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), protect the confidentiality of an individual’s medical information as well as their ability to make health care decisions. The establishment of a Health Care Proxy and the HIPAA release form are the best means of carrying out health care decisions on behalf of loved ones.
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