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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The Only Way to Unload This Obligation is to Get Rid of the TimeshareIf you are caught in this dilemma, act promptly. You should pay the resort’s demands while contesting them, sending a protest letter along with payments.
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Is Your Financial Information Up to Date?Preparing and organizing your financial information for when you are no longer capable will bring peace of mind to you today and relieve your loved ones' burden in the future.
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Unexpected accidents and illnesses do not discriminate by age.Without these critical documents appointing them as legal representatives, they will wind up in the court system.
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Your Plan Will Also Protect Your Legacy From Your Children's Potential Divorces or BankruptciesYour family’s memories of you can be connected, through your things, in deeply emotional ways that may have nothing to do with the actual cash value of items.
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Helping Your Family With a Prepaid Funeral PlanWhen an individual passes away without a funeral plan, responsibility for arranging the funeral often falls on the deceased’s close family members, such as surviving spouses and children.
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A Trust Can Be a Great Tool in Your Estate Planning Tool Kit.There are many types of trusts, but they all establish a financial arrangement between three parties: the trustor(s), the trustee(s), and the beneficiary(ies).
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Estate Planning Requires Multiple ProfessionalsBoth spouses need to know their estate planning attorney, CPA, and other relevant planners.
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Assisting with Homelessness and Disabilities in New YorkThere are several ways to provide money or an inheritance to help your loved one but still protect her from unwise spending.
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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.