Your estate plan serves as a major component of how you will handle your end-of-life experience, and how your loved ones will handle your matters after your death. Thus, it is crucial that your plan remain up to date with the actual happenings in your life. After...
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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.
How do you plan your estate after starting a business?
Starting a new business venture serves as an exciting and fun way to mark a new chapter in your life. However, you also need to plan for the potential uncertainties that the future may hold, especially with a business at stake. Estate planning should serve as a...
3 key components every estate plan should have
Many young people across New York and the nation put off estate planning. Sometimes, they do so because they feel they do not have valuable enough assets to warrant one. Other times, they do so because they believe it takes considerable time and money to create one....
What to address in a living will
No one likes to think about what might happen in the event of a serious accident, crash or illness. However, having certain plans in place may go a long way in terms of taking some of the strain off of your loved ones and ensuring your wishes come to fruition. Per the...
How can you choose an executor?
As you work on your estate plan, do you have an executor for your will? CNBC explains the importance of having an executor that you can trust. Here are some questions to ask yourself when choosing an executor. Is your choice organized? Your estate refers to everything...
At what age should you create an advance directive?
When you are young, you may feel estate planning is unnecessary. If you do not have children and own limited assets, it may seem unimportant to spend time preparing. However, the process involves more than the mere distribution of property. Regardless of your age,...
Why focus on beneficiaries in an estate plan review?
After creating your estate plan, you must also review it periodically. But you do not always have to review the entire estate plan in one go. In fact, you can sort your review based on priority. Most experts will suggest that you focus on your beneficiaries as one...
Should I put my adult child’s name on the deed to my home?
Many estate planners dedicate a lot of time to avoiding probate. Given that probate can be a very long and drawn-out process, it makes sense as to why you would want to help your heirs avoid it. One way that some Americans attempt to help their heirs avoid probate is...
A sudden health crisis can activate your health care proxy
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...
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...
