In your journey through life, it is important to plan for subsequent years, regardless of your age. One fundamental aspect of this planning is drafting and creating a comprehensive will. A will is a legal document that outlines how you want others to distribute your...
Planning for long-term care is an important step to ensure your well-being and comfort for the future. When trying to plan for the long term, you should make sure to learn about steps you may not have heard about before. Taking these essential actions can help you get...
When planning for the future, it is natural to focus on your goals and dreams. However, it is equally important to consider what happens when unexpected situations arise. One way to protect your interests is to include power of attorney documents in your estate plan....
In 2020, Gallup did a survey and found that only 45% of Americans have a will. Wills play an essential role in determining how the courts distribute assets and personal belongings after someone's departure. New York has regulations and requirements for drafting and...
As parents age, they may face health or cognitive challenges that make managing their affairs difficult. In New York, establishing guardianship for elderly parents is a legal way to help them with decision-making, when less restrictive means are unavailable....
Medicaid planning is an essential part of preparing for the future, especially when considering the potential need for long-term healthcare. While many legitimate professionals offer genuine Medicaid planning services, it is a sad reality that some individuals and...
As you discuss the matter of estate planning with your elderly parents or loved ones, you may notice that something seems odd. Your loved one may suddenly leave a large amount of the inheritance they want to give away to someone you have never met before or to one...
According to Care.com, only 1/3 of Americans have completed an estate plan. If your parents have not completed their estate plan, you may be wondering if you should speak with them about it. Having a conversation with your parents about their estate plans can be a...
Long-term planning plays a key role in any comprehensive estate plan, especially for New York residents. This sensitive and often complex process generates many questions and requires careful thought and understanding. Addressing these questions will provide clarity...
As your search for the right person to be your executor continues, you may have a few possible options in mind. When choosing between different people, it can benefit you to think of traits that will help this person to fulfill the job of executor. Learning about what...