Estate Planning Isn’t Just For The Elderly
The financial impact of unplanned guardianship catches many people off guard. Most aren't aware of the substantial burden this can create. When you think about the future, retirement plans and dream vacations often come to mind. But what if you suddenly can't make...
Guardianship plays an important role in estate planning and can significantly shape the inheritance process. Understanding how guardianship can influence these areas is key for anyone involved in planning an estate or managing the affairs of an incapacitated adult....
Incapacitated individuals may need help making decisions regarding their personal health and welfare. Fortunately, legal setups, such as guardianships, can help them receive the care and support they need to maintain dignified lifestyles, allowing them to access their...
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...
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...
As parents age, they may face health or cognitive challenges that make managing their affairs difficult. In New York, establishing guardianship for elderly parents is a legal way to help them with decision-making, when less restrictive means are unavailable....