It is imperative to have a grasp of what elder law does and how its various legal necessities and issues are navigated. There are a great number of categories that elder law covers. From watching over finances to protecting property to ensuring that medical needs are...
Year: 2016
Understanding trusts – revocable, irrevocable and special needs
When a person in Rochester is planning for the future, trusts are an integral part of providing protection for themselves and their loved ones. But there are many different types of trusts to choose from and all have their own advantages and concerns. Three kinds are...
Considerations In Estate Planning
Protecting your family and your legacy is about more than deciding what you want to do with your assets. Estate planning includes a number of documents and strategies that, taken as a whole, help you accomplish your goals and protect your present and future. The right...
What does a personal representative do for an estate?
When a person passes away, that person's property becomes known as an estate. An estate includes all property the person accumulated during his or her life, both personal property and real estate. The purpose of a will is to determine how that property will be...
Updating the plan that protects you and yours
The children were so young and cute back then. They played with dolls and trucks and each other. Now they're taller than you and off at school or careers. Things have changed. Or have they? One of the things that might not have changed over the years: your estate...
Common questions about long-term care
Doing long-term care planning or thinking about getting all of the paperwork in order? It's wise to do this long before you need to use the plan, and asking the right questions can help. According to the National Institutes of Health, these are a few of the most...
Why someone might use a deathbed will
As the name implies, a deathbed will is a will made up at the last second, when someone is very close to passing away. These are dangerous, as it's often very easy for people to contest them. They can claim that the person who passed away wasn't in his or her right...
2 common estate planning myths
There are a lot of myths about estate planning, and if New York residents buy into these myths, it could leave their best laid estate plans in ruin. This article will discuss two persisting myths about estate planning for people who are married, why these myths aren't...
If probate litigation looms on your horizon, an attorney can help
Regardless of the reasons, there are times when legal disputes may arise related to a loved one's estate plan. Anytime people have lost a loved one and probate litigation lands on the table, emotions can run extremely high. A great way to get help resolving these...
Trust administrator proposes plan to test heirs in Prince estate
Amid continuing rumors that Prince actually left behind a will -- and that the will might be located in another country -- the estate is moving forward with administrative processes. The administrator of the trust currently holding the Prince estate has proposed a...