Estate Planning Isn’t Just For The Elderly
Information about the location of important estate documents and access cannot die with the people who executed the documents. Storing information about estate matters such as wills & trusts and significant passwords is a vital part of estate planning. It may be...
If you live in or around White Plains, you know that there are multiple nursing home facilities in the area. While they appear similar on the surface, as you dig deeper you'll find that each facility is unique in its own way. Choosing a nursing home for yourself or a...
Extensive estate planning may lose its effectiveness if important documents and information is lost or stolen. Safeguarding information on important estate matters such as wills & trusts is essential to assure that family members can act on wills, trusts and other...
People who do not have children or other family members may be vulnerable to some of the pitfalls that may be associated with a guardianship. Proper planning, however, can help avoid problems with guardianships. Most people would appreciate some assistance should they...
Family members are the ones that are there for you when things are difficult. Unfortunately, being a loving and supportive family member can sometimes require making hard decisions to protect the people whom you care about the most. Many people experience significant...
Medicaid provides invaluable assistance for nursing home care. Dealing with the 5-year look-back rule is an important part of Medicaid planning and preserving assets for family members. Most asset transfers that are made within five years start a penalty period that...
People who write their own wills may save some money, but their estate and relatives may ultimately pay much greater costs for this false economy. Improperly drafted and self-prepared estate documents may not comply with New York's laws governing wills & trusts...
Filling the role of caretaker to an older adult who you love, such as a parent, can sometimes be a difficult job. Needs vary, but you might find yourself driving to medical appointments, handing out medication or even providing mobility assistance and daily grooming...
Trusts are effective estate planning tools because they help New York residents protect the value of their end of life assets all while legally transferring property and wealth to the beneficiaries of their choosing. Trusts can be used for many purposes, such as...
Some readers of this New York estate and long-term care planning legal blog may perceive a contradiction in the world of wills and probate. On one hand, it is often advocated that individuals should create and execute wills so that their testamentary wishes are...