Estate Planning Isn’t Just For The Elderly
If you have a loved one who has suddenly become too ill to make decisions for him- or herself, you may need to seek guardianship powers to make decisions for him or her. New York law allows for children and other close family members of incapacitated persons to apply...
Having a valid will that ensures your wishes become reality upon your passing can help not only put your mind at ease, but it can also guarantee that your heirs are taken care of upon your passing. Although the will consideration and creation process itself can be...
Previously, this blog discussed the basic rights that are enacted when a guardianship is put into place. Such a legal arrangement can be beneficial in many circumstances, especially when an elderly individual is unable to make decisions on his or her own. These...
As you age, it's important to make plans for your future health care. This isn't something that's easy to handle or think about, but taking care of the details now might help you later on. And it will almost certainly help to make life easier for your loved ones....
The last thing any of us want to think about is our final days. Unfortunately, like taxes, death is inevitable. And none of us know when our time could be up. Barring any serious injury or sudden illness, our body slowly breaks down, limiting our abilities, both...
The purpose of estate planning is to assure that your wishes are met with regards to your property and assets at the time of your death. Unfortunately, all too often people do not properly plan ahead and all too often the assets get tied up in probate. One viable...
It doesn't matter how old you are -- a catastrophic medical condition could render you incapacitated in a heartbeat. However, the older we get, the more likely such a health problem will develop. As we age, we're more susceptible to suffering from a stroke or heart...
Last week, most media attention was paid to former FBI Director James Comey and his public hearing in front of the Senate regarding the Russian probe. But also going on at the was a hearing with Tom Price, Health and Human Services Secretary as he discussed possible...
The late, great Benjamin Franklin once said there were only two certainties in life - death and taxes. While Americans all know that taxes are due on or around April 20 of each year, one thing we do not know is when our time will come. Estate planning and thinking...
The majority of New York residents don't have a large amount of savings or assets to plan their estates around. However, estate planning is not just for the Rockefellers of the world. Estate planning can simply be about protecting the equity of your home and trying to...