Perhaps you need to update your will because you are going to marry again or because you and your spouse are young marrieds who just became parents for the first time. Those are typical reasons for making changes to your will, but there are others you might not have...
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White Plains Long-Term Care Planning Law Blog
How do you pick the right care facility?
Picking a good care facility is a crucial part of long-term care planning. The decision you make here could have lasting and serious repercussions. So how do you know that you have settled on the right care facility? What steps can you take to pick the best one...
How do you choose a care facility?
Long-term care often comes with a variety of useful aids that can help adults who need assistance getting through daily life. Amenities can include physical, speech or occupational therapy, three meals a day, or even 24-hour supervision. Choosing a care facility is...
Estate planning tips for same-sex couples
For most people, estate planning seems straightforward and simple. For same-sex couples, it is important that you give the process careful consideration to protect your interests. Despite the legal protections awarded by the U.S. Supreme Court in 2015, same-sex...
What should you know about funeral trusts?
As you probably know, funerals can be shockingly expensive. Indeed, according to the World Population Review, the average funeral in New York currently costs almost $11,000. When you add in other end-of-life matters, you can expect to pay roughly $30,000 on your final...
How can you save on long-term care?
Saving for retirement is one of the most important things you can do. However, one factor many people disregard is the need for additional assistance and home care as a senior citizen. As with other investments, the sooner you start preparing for long-term care for...
Should you agree to be an executor of an estate?
When someone sets up a will or estate plan, they name an executor to carry out their wishes once they die. According to Forbes, the executor does what is best for the estate when fulfilling their fiduciary duty. Because of this, it may be a good idea to consider if...
Who needs a living will?
The estate planning process is complex and has many elements to consider. If you are in the early stages of estate planning, you might be considering a living will as part of your plan. While most people are familiar with traditional wills, a living will is different...
The two major types of guardianship explained
If you are just beginning to think about long-term planning for your loved ones, guardianship may be a new concept for you. A guardianship allows caregivers to proactively make decisions for those in their care. In New York, the law provides guardianships for those...
Educational savings considerations for children with disabilities
Loving parents want their children to have every advantage. Helping a child with a developmental disability get a quality education raises unique challenges that other parents do not have to face. While a college fund may seem like an excellent idea when a child is...