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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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.
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Irrevocable vs. RevocableIn estate planning, there are many types of trusts. A revocable trust and an irrevocable trust are the most common and better suited to different estate plans
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Change is Constant - Crucial Conversations Surround Advance DirectivesThe prospect of facing our own death is one of the most difficult experiences in life. Nevertheless, it is vital to carefully consider the medical treatment.
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Understanding Beneficiary Designations for Blended FamiliesIn a blended family, inheritance can create conflict and inequitable distributions and may lead to lengthy and costly legal battles. Learn more here within this article
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Memory Makers: Your Personal PossessionsDid you know that personal items are typically not included in your will or trust? Our estate planning attorney explains how to protect personal possessions