The future of your family is essential. If you leave your estate up to chance, you risk misallocating your assets in a manner that you do not see fit. According to The New York Community Trust, dying without a will leaves the passing of your estate up to intestacy...
Month: March 2022
Can you help your parents adjust to a nursing home?
A nursing home in New York may provide the most fitting solution to your aging parents' health care needs. However, they may show some apprehension about transitioning to a care facility. Your involvement can not only provide your parents with comfort and reassurance...
3 signs that your aging parents may need long-term care
Watching your parents age often causes a mix of emotions, but when they begin to show signs that caring for themselves is no longer simple, you may feel worried that an in-home fall or other accident will cause them harm. You may also worry that they are not taking...
Why are more U.S. millenials writing estate plans?
It is uncomfortable for many Americans to think about incapacitation and death. Therefore, it should come as no surprise that many put off creating comprehensive estate plans. In fact, according to a Gallup survey, only 45% of adults in the U.S. say they have prepared...
The benefits of in-home care and nursing home care
Whether you are fresh out of college or building your family, your older loved ones may find themselves in need of your help along the way. It may be from age, disability or illness, but it happens to many American adults. According to the American Association of...
Who should you name guardian?
Though no one wants to think about the possibility of an early death, it is important for parents to consider this. If you do not have a guardian named for your child, they could end up in the foster care system. One of the most fool-proof ways of doing this is by...
Should you have a relative as your executor?
When it comes to picking your executor, you might want to make an immediate beeline for your relatives. After all, you know them better than anyone and you likely feel closest to them, too. But is choosing a relative the best option for you or your estate plan? It may...