A trust can be a useful estate planning tool and because there are different types of trusts, it is important for estate planners to understand what those different types are and what they can do for them as part of their estate plan. The type of trust that is best...
Month: March 2020
What should young parents include in their estate plan?
The birth of a new baby is a joy, and something that enriches the lives of many young parents in White Plains. Parents put a lot of thought into preparing for this new stage of life. One aspect of parenthood that some parents might not give much thought to, however,...
Is a pour-over will right for you?
Estate planning can be stressful, especially if you have a significant number of assets. You might be afraid of overlooking certain pieces of property, which could then fall into the wrong hands upon your passing. But the estate planning process doesn't have to be as...
What is required for a will to be valid?
There are specific requirements for a will to be valid. Because a will is such an important part of an estate plan, estate planners should know how to ensure that their will is valid. The requirements for a will to be valid can also vary by state so estate planners...
What to do when your parents can no longer care for themselves
Adults living in the “sandwich generation” may find themselves in a position where they are caring for young children while also caring for their ailing, older parents or grandparents. If a person’s parents or grandparents reach the point where they can no longer take...
What to include in a complete estate plan
Estate planning can seem challenging but the legal process provides a variety of different estate planning tools to help estate planners achieve their goals for their estate plan. Estate planning is not a cookie cutter process which is why the different legal tools...
How can a guardianship help take care of a loved one?
Guardianships are a valuable legal tool to be familiar with when a loved one is unable to care for themselves. A guardianship is a legal relationship created by the court when a trusted individual is appointed to act as a guardian for a loved one who is no longer able...
