Estate Planning Isn’t Just For The Elderly
Estate planning can be stressful, especially if you have a significant number of assets. You might be afraid of overlooking certain pieces of property, which could then fall into the wrong hands upon your passing. But the estate planning process doesn't have to be as...
There are specific requirements for a will to be valid. Because a will is such an important part of an estate plan, estate planners should know how to ensure that their will is valid. The requirements for a will to be valid can also vary by state so estate planners...
Adults living in the “sandwich generation” may find themselves in a position where they are caring for young children while also caring for their ailing, older parents or grandparents. If a person’s parents or grandparents reach the point where they can no longer take...
Estate planning can seem challenging but the legal process provides a variety of different estate planning tools to help estate planners achieve their goals for their estate plan. Estate planning is not a cookie cutter process which is why the different legal tools...
Guardianships are a valuable legal tool to be familiar with when a loved one is unable to care for themselves. A guardianship is a legal relationship created by the court when a trusted individual is appointed to act as a guardian for a loved one who is no longer able...
Every estate planner should be familiar with the probate process, what it is and how it works. Probate is the process of transferring the estate planner’s property after death. Sometimes the process is referred to as probating the will which should include the...
When you hit retirement age, there are many thoughts about how you will enjoy this time. Thus, many individuals in New York and elsewhere do not focus in on the potential need for long-term care at this point in time. While an estate plan can help secure assets and...
Trusts can help estate planners with their estate plan in a variety of different ways. Trusts can be used along with a will or in place of the will based on the needs and wishes of the estate planner but it is important for estate planners to understand how trusts...
Ensuring that an estate plan provides for many different types of situations is an important part of developing a comprehensive overall estate plan. A complete estate plan should account for circumstances when an estate planner may be incapacitated and unable to...
Estate planning provides some of the most basic protections and peace of mind for anybody at any stage of life. It is important to not only have an estate plan that reflects your wishes but to also know when to update your estate plan to make sure it is in keeping...