When dealing with the matter of your will, you should recognize and understand the fact that arguments can and often do happen over a will even with your good intentions. In what ways can you reduce the chance of these arguments from happening? The importance of...
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We are pleased to announce the reopening of our White Plains office location for in-office meetings. We are following the applicable New York State regulations for Phase 2 re-openings. These regulations limit in-person gatherings, so although we will hold a select number of in-person meetings, we will continue to encourage telephone and video-conference meetings whenever possible. We have implemented health and safety procedures for all staff, as well as those clients who come into the office. Please click here for in-office meeting procedures.
Month: January 2023
How can you avoid mistakes with beneficiary designations?
When it comes to assets like retirement accounts and life insurance policies, beneficiary designations dictate who receives the proceeds after you are gone. Unlike other assets, which you can include within your will, assets with beneficiary designations stand...
What do you need to know about guardianship?
In addition to establishing a plan for property and assets, wills also allow you to select a guardian for minor children in your care. If you fail to specify a guardian, the court will do so on your behalf. While the court keeps the best interests of the child in mind...
Why you should have an advance directive as a young adult
The unforeseen can befall anyone at any time, regardless of age or youth. Many young adults and new parents acknowledge this and prepare for the unexpected by starting an estate plan early in life, but some of them overlook the importance of having an advance...
What to do after appointing a guardian for your children
A key element of every estate plan for parents is guardianship assignment. Your estate plan needs a clear and specific determination of your wishes for the care and keeping of your children following your death. Once you determine who you trust to serve as guardian...
Medicaid eligibility and special needs trust requirements
Whether you depend on Medicaid benefits as a disabled person or have concerns about a loved one in this position, it is helpful to review the options that you have and take steps to work toward financial security. For some disabled people, special needs trusts play an...
Determining when you may need to appoint a guardian
Adulthood gives you the power to make independent decisions regarding your governance and financial affairs. However, what happens if you suffer a debilitating injury or when age begins to interfere with your rationale? An adult guardianship allows you to give...
Reasons you may not have considered for updating your will
Perhaps you need to update your will because you are going to marry again or because you and your spouse are young marrieds who just became parents for the first time. Those are typical reasons for making changes to your will, but there are others you might not have...
How do you pick the right care facility?
Picking a good care facility is a crucial part of long-term care planning. The decision you make here could have lasting and serious repercussions. So how do you know that you have settled on the right care facility? What steps can you take to pick the best one...
How do you choose a care facility?
Long-term care often comes with a variety of useful aids that can help adults who need assistance getting through daily life. Amenities can include physical, speech or occupational therapy, three meals a day, or even 24-hour supervision. Choosing a care facility is...