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Elder Planning Isn't Just For The Elderly

December 2018 Archives

The importance of long-term care planning

While it is not an easy matter to confront and accept, individuals in New York and elsewhere are aware that we cannot be around forever. One day, each of us will meet our demise. However, even with this reality in the back of our mind, individuals often think that they will be able to retain their physical and mental capacities throughout their entire life. While this is a very hopeful and optimistic viewpoint, the reality is that with old age, many may not be able to care for him or herself or even make health and financial decisions on their own.

Know the requirements for a valid New York will

A valid will can be an important part of a White Plains resident's estate plan, but it is an unfortunate fact that many people mistakenly believe that their wills meet all of the state's technical requirements. When a will lacks certain provisions or legal requirements, it may be deemed invalid and may be set aside when a person passes on. It is important that individuals seek individual legal counsel to ensure that their wills are up-to-date and legally sound to avoid having them disregarded after their deaths.

Helping you meet your long-term care planning goals

For many residents in New York and elsewhere, it is difficult to think of a time one will no longer be able to care for him or herself or make their own decisions. Unfortunately, it is more and more likely that in our old age, we will require care and assistance. Because of that, long-term care planning has becoming an essential step to take.

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