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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What Is A Will and What Is Your Will Capable Of?A will is a legally binding directive stating who will receive your property upon your death and is an important part of a comprehensive estate plan.
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Why You Need to Create an Estate Plan Sooner Than LaterEvery New Yorker, regardless of age or health, needs to prepare an estate plan to protect their family and their hard-earned assets.
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Life after being Vaccinated against CoronavirusAccording to the medical community, vaccinated individuals are significantly less likely to contract COVID-19; however, they may pose a health risk to others.
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Plan, Don’t Wait for an EmergencyYou might be surprised at how attractive many retirement communities are. There are increasing opportunities for independent or assisted living.
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“For the 99.5% Act” and its Impact on Estate PlanningSenators Jimmy Gomez and Bernie Sanders introduced a new bill to congress on March 25th, 2021 called “For the 99.5% Act”.
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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.