Estate Planning Isn’t Just For The Elderly
The Family Health Care Decisions Act (FHCDA) plays a significant role in determining who can make medical decisions for you if you become incapacitated. In New York, this law affects individuals who have not designated a healthcare proxy or power of attorney....
Planning for future care is important, but it can also be overwhelming. Especially if it involves moving to a nursing home, it is crucial to have the right legal documents in place to ensure that others will honor your wishes. Here are five essential documents you...
Establishing a guardianship can be essential, especially for individuals with extensive long-term care needs. It may seem like an ideal setup, but the law may only allow it as a last resort. New York state law has provisions requiring individuals to seek alternative...
As your parents' age, you may grow accustomed to helping them with the tasks of daily life. However, there may come a time when you need the services you are currently setting up for your parents. This is why it's important consider the elements of your own long-term...
If you have a relative with a disability for whom you are responsible, then you will need to do special needs planning along with your typical estate planning. You want to be sure your loved one has his or her care in order should something ever happen to you....
Perhaps you graduated from college recently and started saving for retirement. With your golden years so far off, you may not think much about long-term care planning. You never know what life may bring your way, so it makes sense to prepare for the unexpected. The...
As your parents age, you will need to take some responsibility for their care in order to keep them safe and healthy. When the time comes that you recognize they require more care, you may need to talk with other family members to determine what to do. It can be tough...
The National Council on Aging estimates that about 65% of Americans will need help with everyday activities, such as bathing or walking, at some point in their lives. Long-term care planning is the process of preparing for the possibility of disability or illness....
If your parents are aging then you might find yourself concerned about what their future care will look like. Most people want their parents to grow old in their own homes, but oftentimes this simply isn’t a feasible option. This reality usually drives people to...
A strong and up-to-date estate plan is an important tool that every New York adult should strive to create. Although many individuals may believe that their estates are too small to require such action, an estate plan is necessary to ensure that their assets, no...