Estate Planning Isn’t Just For The Elderly
Though many people will come across a situation in their lives where they may need a guardian or might need to become a guardian for someone else, very few people actually know much about guardianships. What are the basics to know about a guardianship? How does it...
Some New York parents name individuals to be godparents to their children. You may believe that a godparent is someone who will act as a guardian to a child if the biological parents die. While some parents want godparents to fill this role, the truth is that...
One of the important estate planning actions that parents of young children need to do is name a guardian. This is the person who would raise the children in the event both parents died before the children turned 18. Although it is important, it is not an easy task....
Proper estate planning is crucial to safeguard your assets after you are gone. However, it can also benefit your family members, especially your children. Wills also allow you to choose a guardian for any minors in your care. Without this input, the court will make...
If someone in your family becomes incapacitated, it is crucial to review your options and strategies to safeguard their future. In some instances, Article 81 guardianship is necessary. It is pivotal to go over the responsibilities that an Article 81 guardian has,...
Though no one wants to think about the possibility of an early death, it is important for parents to consider this. If you do not have a guardian named for your child, they could end up in the foster care system. One of the most fool-proof ways of doing this is by...
If you have aging family members, it can be a good idea to discuss with them how to plan for their possible incapacitation by setting up a power of attorney or selecting someone who could serve as a guardian. If not, a court may pick a guardian in the event your...
Regardless of age, New York residents may choose a guardian to assist with managing their property and finances. The New York State Senate’s website notes that you may create powers of guardianship. If you become incapacitated, your relatives may also ask the court to...
Should the unthinkable happen, you want to rest assured that minor children in your care have a kind and loving guardian to take over parental duties. As explained by U.S. News & World Report, selecting a guardian is a major aspect of estate planning, one that...
You could ask for guardianship over a child or another adult. The court process for securing such an arrangement is complex as the court must ensure it is in the best interests of the person who you wish to place under guardianship. According to the New York State...