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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Do You Have a Personal Property Memorandum?When a parent dies, family members often end up arguing over mom or dad’s favorite items.
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Beware of Undue InfluenceAs our loved ones age and become elderly, they also become more suseptable to manipulation from those who defraud or steal.
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You Need More Than Just A WillWhile a will is a necessary document, it is still a relatively simple document that may not cover everything you want it to.
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Key Differences Between Estate Planning & Elder LawBoth elder law and estate planning are critical for everyone, regardless of age. However, there are several distinctions between the two you should know about.
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Estate Planning During the COVID-19 PandemicWhat is the status of your will? When did you last review it? Have you moved? Does your will reflect the laws of the state in which you live?
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Why It's Important To Know What Fiduciary MeansIf you are named as a guardian, executor of a person’s will, trustee, or power of attorney, the law calls you a “fiduciary.”
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How Gift Taxes Work in New YorkWhile you are unlikely to pay extra taxes for gifting assets, you may run into problems with estate planning and nursing home costs without an attorney’s help.
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Do-It-Yourself Estate Planning MistakesSomething we hear all the time is: “Can’t I just get a will online, do a transfer-on-death deed for my land, share a bank account with my kids, and be done it?”
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Your "Simple Will" May Simply Not Be Good EnoughA will is a part of an estate plan, but it doesn't cover everything. When is a will not enough?
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What to Know about Life InsuranceLife insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents, and other loved ones.
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What Happens to Your Digital Footprint?When you create your will and its associated documents like a durable power of attorney it is prudent to include digital assets.
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Personal Possessions and Estate PlanningPersonal items are typically not included in your will or trust. So, who gets those after you pass is up to you personally.