Estate Planning Isn’t Just For The Elderly
If you care for a child with a disability, you likely worry about what happens when they turn 18. New York offers ways for families to keep helping with decisions after a child becomes an adult. Article 17A guardianships protect adults with lifelong disabilities who...
No matter what age you are, estate planning should be a crucial part of your future preparations. You never know what life might throw your way and legal protections may be your family’s lifeline. If you are a primary breadwinner, your loved ones may be more...
When you think of special needs planning, you probably focus on financial assets like cash, investments, and real estate. However, non-financial assets can also play a significant role in securing the well-being of your loved one with special needs. In New York, you...
Life is full of unexpected twists and turns, and as you navigate through it, you might find yourself thinking about how to best protect your loved ones and the legacy you have built. For many New Yorkers, trusts have become a cornerstone of thoughtful estate planning....
Medicaid planning is important for seniors who want to protect their assets while qualifying for long-term care benefits. Using an irrevocable trust is a common strategy for Medicaid planning, but there are specific rules and requirements to consider. Understanding...
Creating a trust is a significant step in securing your financial future. They help protect your assets, save on taxes and make managing your estate easier. If you are in your 20s or 30s and starting to build your wealth, understanding the differences between...
Caring for a loved one with dementia or Alzheimer's disease presents unique challenges. Early planning can help families navigate these challenges with greater ease and confidence. Assessing care needs Begin by assessing the level of care your loved one requires. This...
When planning long-term care, many people focus solely on spending their money to pay for their care. However, several other financial instruments and strategies can be just as effective and more cost efficient. Expanding your financial planning toolkit offers...
Welcoming your first child into the world or standing in the new home you have dreamt of for years marks the beginning of new, exciting chapters in your life. With these big steps, you might find yourself thinking about how to keep your family safe and secure for...
When it comes to caring for a loved one with special needs, you may face unique challenges. These can range from looking after their everyday needs to planning long-term care. It's natural to worry about their future when you're no longer there to support them....