The main goal for many people when crafting an estate plan in New York is to cover all the bases and ensure the assets and properties go where the testator wants. This can mean many things and the strategies to achieve the desired ends are critical to the process....
Month: March 2019
Should I seek durable power of attorney for my elderly parents?
As people age, they become concerned with end-of-life decisions. Sometimes they become concerned with the possibility that they might not be able to communicate decisions related to medical care, treatment or life support. While a living will is the usual method to...
Single New Yorkers need a well-crafted estate plan too
For single residents of New York, drafting estate planning documents might not be high on their list of priorities. While they might feel justified in avoiding the subject of the inevitability of the end of life and what will happen to their possessions, it is still a...
Changes in life require changes to an estate plan
New York residents who believe they have fulfilled the need to have an estate plan and simply leave the document as is without changing it are often making a mistake. With the inevitable changes in life, there are times that an estate plan is no longer as current and...
Estate planning steps parents should consider after divorce
There are several estate planning changes you should consider after divorce whether you are a parent or not. These considerations can include updating your health care proxy, financial power of attorney, will, trust and beneficiary designations. The people you select...
Legal help with advanced medical directives in an estate plan
When New Yorkers are preparing for the future by creating strategies for an estate plan, there are certain aspects of it that can be difficult. While it is known that everyone's life is finite and the end is unavoidable, it can be difficult to think about a time when...