Estate Planning Isn’t Just For The Elderly
It is never too early to start planning your estate. However, there are certain events in life when an estate plan becomes even more important. One of those events is the addition of a new child to your family. When you become a parent, one of your biggest priorities...
When you plan for the financial future of a loved one with disabilities in New York, you often face two options: Special Needs Trusts and ABLE Accounts. Both allow you to manage assets without affecting government benefits like Medicaid or SSI eligibility. This post...
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....
When considering guardianship in New York, you must know the key differences between Article 17A and Article 81 guardianships. Both help protect people who can't make choices for themselves, but they work in different ways and follow other steps. Article 17A...
Your thirties mark a time of major life decisions—perhaps buying a home, starting a family or advancing your career. While these milestones demand attention, planning for your future care deserves equal priority. Starting your long-term care planning now offers more...
In your 20s, you often focus on exploring new opportunities, whether it is starting a career, traveling or building relationships. It is easy to think that estate planning, including setting up a healthcare proxy, is something you can postpone until you are older....
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....
Seeking financial support for long-term health care can leave you feeling overwhelmed or unsure about where to start. Many people face the same uncertainty, wondering how to access the necessary benefits. In New York, there are several ways to apply for Medicaid....
While a will is a crucial first step in estate planning, it's just the beginning of protecting what you've built. Challenges like a sudden illness, the need for privacy in asset transfers or intricate tax situations may arise during your lifetime or after your...
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...