The loss of a spouse is an emotionally challenging time. Naturally, the thought of estate planning in the wake of such loss, can be overwhelming. However, it’s important to acknowledge that estate planning is a vital step to help ensure the security and well-being of...
Estate Planning
3 errors to avoid when you’re tackling estate planning
Estate planning is something that all adults need to handle, but it’s often put off because it’s not really a pleasant task. One of the biggest errors you can make is avoiding estate planning because that takes away your chance to make your wishes known and can make...
Don’t forget these documents when updating an estate plan
Updating an estate plan occasionally is necessary to ensure its validity. Many people make a point of reviewing and updating their documents every few years. They may also need to take immediate action when there are significant changes in their circumstances. The...
Is estrangement from an adult child a reason to update a will?
An estate plan gives a testator drafting documents a chance to protect themselves and their loved ones. They can also establish a legacy that can affect how other people remember them after their death. Many people prioritize providing for their spouses and children...
What makes a strong guardianship for an adult with special needs?
Guardianship can provide essential legal protections for an adult with special needs. Establishing a strong guardianship plan helps ensure the individual receives proper care, financial management, and support throughout their life. Here are the key steps to create an...
3 estate planning moves to make before retirement
People preparing for retirement often fantasize about traveling and spending more time with their families. It's easy to get swept up in the excitement and romance of retirement instead of addressing practical matters. Those who begin retirement with a proper...
How dementia can impact the estate planning process
For many people, estate planning becomes a necessary process when they achieve professional success or start a family. For others, medical challenges may be what inspire them to plan for the future. Estate planning allows someone to authorize a person they trust to...
Who should have health care proxy authority?
Many details of an estate plan do not directly affect a testator. They draft documents with the goal of protecting their loved ones rather than the goal of benefiting directly from them. Of course, people do have the option of creating documents that protect them in...
3 positions of power to address when estate planning
Many New York estate plans focus on the distribution of property. Choosing beneficiaries and determining the best way to divide property among them is an important element of any comprehensive estate plan. That being said, people also have to choose trusted...
When is it too late to create a New York estate plan?
Estate planning procrastination is relatively common. Many people dislike contemplating their death or how their health might decline as they age. They might put off creating an estate plan for years because they find the process unpleasant. Unfortunately, some people...