When older adults reach retirement age, they automatically qualify for Medicare in most cases. Medicare is a critical social support that ensures that retired adults have access to high-quality medical care without substantial out-of-pocket costs or the need to pay a...
Estate Planning
5 tips for creating a succession plan in your estate plan
For those who run a family business, a succession plan and an estate plan go hand-in-hand. Determining ownership and management of the family business represents a significant portion of the stress and concern many people feel when developing a comprehensive estate...
Providing for your children in estate planning
As a parent, you always want to provide the best for your children. You work hard to make sure your kids have their basic needs met now and will have a significant inheritance someday. But sometimes, things don't go according to plan, and parents tragically pass away...
Estate Planning in Rochester, NY
While no one wants to consider their own mortality, the process of proper estate planning is one of the most selfless and thoughtful acts that a person can take part in. Whether you have amassed a large amount of personal wealth or simply own a home, a single vehicle...
Planning for Medicaid and long-term care protects your legacy
Planning your estate can feel like a morbid process, as you have to think about what will happen to your possessions and your loved ones when you die. Many people rush through the process specifically because of how unpleasant they find it, but rushing doesn't do...
4 parts of your estate plan that you should consider updating after divorce
Divorce is a common part of life. Though you may not have expected your marriage to end, it is time to prepare for your life as a single person. That could mean setting up a home, taking up new hobbies -- and revising your estate plan. If you have not looked at your...
Introduction to estate planning
Upstate New Yorkers who do not have an estate plan may want to consider their options, particularly if they own assets or have a business. There can several components to an estate plan, and it helps to be familiar with them before speaking to a professional to create...
The bulk of Americans remain confused about estate planning
Many Americans receive a quality education as they grow up, but many people get left in the dust. Even those that receive a decent education and learn the details of numerous subjects are often left to fend for themselves or learn from their parents about estate...
5 reasons not to postpone planning your estate
If we have learned anything this year, it is that life can be unpredictable. We never know what is around the corner. If something happened to you today, would your family know your wishes and agree on how to carry them out? You may think they would, but too often,...
The power of a health care proxy
A health care proxy can wield a significant amount of power. They are important figures in your estate plan, so it’s important to understand their duties before you appoint one. What decisions can health care proxies make? A health care proxy will make just about any...

