A frequent mistake New Yorkers make is failing to properly plan for the future. One integral part of that planning is to have an estate plan that covers for various contingencies. Many might be under the impression that drafting estate planning documents is something...
Month: July 2017
Elder law and the selection and financing of a nursing home
Dealing with an aging loved one in New York is never easy. So many issues will come to the forefront when it comes to protecting loved ones who are senior citizens. Deciding on whether assisted living or a nursing home is the best possible living arrangement,...
Estate planning and the value of a living trust
One of the most difficult issues that a person can face is linked with his or her mortality. Of course, it is an inevitable part of life, but that does not make it any easier. When drafting estate planning documents, New York families must be cognizant of certain...
Recognizing Fads In Estate Planning
There are basic elements to estate planning that are generally included in any comprehensive plan. But like any field, there are emerging trends, fads and misinformation that can alter a plan for better or worse. It is important to get reliable, cutting edge advice to...
Important points about a health proxy
New Yorkers who are concerned about the possibility that they might become incapacitated and unable to make their own decisions will want to consider a healthy proxy. This document is part of a well-crafted estate plan and should not be ignored. It is not just for...
One simple step to protect your loved ones
When you buy an insurance policy, open a bank account or set up a retirement account, you are required to designate a beneficiary. In some cases, you may be asked to choose a secondary beneficiary, but that is often not mandatory. As your life changes, you preference...