Estate planning helps ensure that you and your loved ones will be protected no matter what the future holds. In our blog, we discuss the elements of an estate plan, how an estate plan prepares for possible illness or incapacity, what you can do to leave a lasting legacy for your loved ones, and much more. For answers to questions about your specific estate planning needs, please contact our office to request a free initial consultation.
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How You Share Your Assets With Your Children is Up to YouConsidering equal inheritances in your will or trust is common. Many families follow the "Equality Principle" for an even distribution among children.
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Why You Need an Estate Plan If You Are Single and Have No KidsPreparing for the future is important even if you don’t have a spouse or kids. These are the top 8 reasons to talk to an estate planning attorney while single.
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Why You Shouldn't Write Your Own WillForgetting to provide instructions for every asset and piece of property is a common error in DIY wills.
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Update Your Living Will ASAP If You’ve Had Any of These Life ChangesDivorce, marriage, and major surgery are just a few times when you should make changes to your New York living will to ensure your wishes are followed.
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Elder Care: Should Children Pay?It is no longer news that long-term nursing care is astronomically expensive. Depending on the location, monthly costs can reach $7,000.00 or more.
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Discussing Your Parent’s Financial FutureYou shouldn't put off talking about finances with your parent if he or she is already experiencing cognitive decline.
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Six Big Mistakes to Avoid When Estate PlanningPlanning your estate ensures your assets, interests, and those you love are protected after you die. A poor plan can create additional stress in your heirs
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Using Life Insurance as Part of Your Estate PlanGrieving family members shouldn't inherit assets only to find out they cannot access them for the cash expenditures they will have to make after your passing.
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Passing On Family Values As Part of an InheritanceFormalizing family values and asset inheritance can be challenging, especially if parents delay the process. Learn more from our New York elder law attorney
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Know Your Parents’ Aging Strategies Before a Medical Crisis HitsHandling aging parents' medical events from a distance requires preparation and understanding their strategy, regardless of your location in the US.
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What Can an Elder Law Attorney do For You?With aging baby boomers & rising international migration, the senior population is increasing in the US Explore the advantages of Brooklyn elder law attorney
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Durable Powers of AttorneyWhen you lose a spouse or longtime partner, it can be hard to think about anything but your grief. It is imperative to be aware that there are important.