If you have ever experienced a close call while driving, you probably thanked your lucky stars that you avoided a disaster and promptly forgot about it. But what if you become incapacitated in a vehicle crash? Or suffer a stroke? If you have a health care proxy in...
Month: April 2021
What to address in a living will
When a medical emergency arises, a living will gives you control over what happens when you are unable to express your wishes out loud. New York does not have a standard living will outline, but there are a number of areas you may want to address when putting together...
How can you discuss estate planning with your family?
If you are like most people, death is not an easy conversation to have. It is tough when you're having that conversation with your adult children. Death is an uncomfortable topic, but it benefits the whole family if you have a conversation with them about your estate...
3 actions during estate planning that help reduce taxes
If you wish to leave your assets to loved ones after passing on, you probably do not want their inheritance eaten up by heavy taxation. In New York, there are both state and federal estate taxes. However, proper estate planning may result in the reduction of these...
