Profile

Cover photo
Michael Davidov
Works at Davidov Law Group
Attended City University of New York School of Law
74 followers|29,860 views
AboutPostsPhotosVideos

Stream

Michael Davidov changed his profile photo.

Shared publicly  - 
1
Add a comment...

Michael Davidov

Shared publicly  - 
 
In Memory of Nina Eaton, a Woodmere, Long Island resident who helped establish the United Cerebral Palsy Association
1
Add a comment...

Michael Davidov

Shared publicly  - 
 
Designating Different People for Different Roles in Your Estate Plan
Mar 26, 2012 / By: Michael Davidov, Estate Planning and Elder Law Attorney / Category: Estate Planning, Power of Attorney, Trustees, Wills
As part of your estate plan, your New York City estate planning attorney will draw up a wide range of documents for you. As part of the process, you will need to designate people to act on your behalf. You might need to appoint an executor, a trustee, a general power of attorney, a healthcare prox and more. You do not need to designate the same person to act in every role.

Speak with your attorney about what the people designated for each role actually do so that you can designate the most appropriate person. For example, the executor of your will has a short-term assignment. Once directives in the will are carried out, the executor’s role is over. However, a trustee may need continue administering the trust for years. Thus, you might want to consider a potential trustee’s ability to continue to act well into the future, which might not be as big of a concern for an executor.

Different considerations go into deciding who to appoint to different roles, such as appointing a power of attorney or a healthcare proxy. An estate planning attorney will go over every role with you and has the experience to know what the most important factors are that you should consider. Make sure you ask your attorney about every role.

Davidov Law Group is a member of the American Academy of Estate Planning Attorneys.
1
Add a comment...

Michael Davidov

Shared publicly  - 
 
Free Legacy & Wealth Planning Workshop conducted by Michael Davidov and Ilana Davidov for the residents of College Point, NY
1
Add a comment...

Michael Davidov

Shared publicly  - 
 
Today is Holocaust Remembrance Day! Take a few minutes to remember the victims
1
Add a comment...
Work
Employment
  • Davidov Law Group
    Managing Partner, present
Basic Information
Gender
Male
Story
Introduction
Estate Planning attorney providing Medicaid Planning, Elder Law, and Veterans Aid & Assistance representation to clients in Forest Hills, NJ.


Education
  • City University of New York School of Law
    J.D
  • State University of New York at Stony Brook
    B.A
Links
Contributor to