Estate Planning Isn’t Just For The Elderly
Selecting a health care proxy is a prudent decision that ensures the fulfillment of your medical wishes if you become unable to communicate them yourself. Naming a proxy can guarantee your well-being in an unfortunate situation. However, there are potential pitfalls...
The number of guardianship cases in 2022 according to the New York State Unified Court System records was over 15,500. In this bustling state, the need for guardianship can arise in various circumstances. Minor with an inheritance A minor who unexpectedly inherits a...
In today's economic landscape, characterized by soaring inflation rates, preserving your nest egg demands strategic financial planning. As prices rise, the value of money diminishes, making it important to safeguard your hard-earned savings. 1. Diversify your...
Every parent understands the profound responsibility that comes with raising children. While no one wants to dwell on worst-case scenarios, it is important to plan for the unexpected. One aspect of this planning involves choosing a guardian for your children in case...
Medicaid is a government program that provides healthcare coverage for low-income individuals and families. It can be a valuable lifeline for those who need assistance with medical expenses. However, to qualify for Medicaid, there are strict income and asset limits...
In an era dominated by technology, elderly people find themselves more vulnerable to financial scams now than ever. The consequences of falling prey to these scenes can impact their hard-earned savings and peace of mind. Caregivers need to understand scams and take...
A guardianship is a legal arrangement designed to protect the well-being of individuals who cannot make decisions for themselves. New York has specific rules and regulations that govern guardianships. You must understand the process, legal requirements and essential...
When it comes to planning for the future, creating a will is an important step that many people overlook. After you're gone, a will can convey your wishes to your family and friends. A carefully crafted will ensures the appropriate disbursement of your estate. The...
Estate planning can help secure your financial future and ensure you take care of your loved ones. While it may seem like a task for older adults with children, it is never too early to draw up an estate plan, even in your 20s. New Yorkers need to consider their...
One in four adults in New York has some type of disability, according to the Centers for Disease Control and Prevention. While many of these individuals can live life independently, some of them require assistance. If you have a family member who has special needs and...