When it comes to estate planning, a good plan set in place before you reach the point when you can no longer take care of it will bring great peace of mind. If your property has worth beyond the monetary value, especially your house or land, you may want to weigh your...
With estate planning, if you don't let your beneficiaries know of all the accounts, both electronic and traditional, your assets may be extremely difficult for them to access when you pass away. In the past, a paper trail was often left so that there were clues as to...
When any Monroe County resident with significant assets passes away, the future of their estate is never completely foolproof, even with careful planning. One of the reasons for this uncertainty is that tax laws change from year to year, and many people do not...
Children who are faced with medical decisions have their parents to act as decision makers in the process. When a person turns 18 years old, however, the parent's right to make medical decisions for the child isn't necessarily a given right. In New York, anyone over...
No one wants to leave behind a mess for their loved ones to deal with. The goal of estate planning is to ensure that your estate is distributed according to your wishes and in the easiest possible way for your heirs. Unfortunately, should you pass away unexpectedly...
Preparing now for the future is a responsible decision that may safeguard your family and your wishes in the future. But what if an individual is single and does not have a spouse or any children? Who will safeguard that individual's future? According to a 2013 report...
Many people wrongly think of estate planning as a one-time event. For most people, however, life changes necessitate that changes also be made to important estate planning documents. While an individual may choose to update or revise estate planning documents for many...
According to the American Association of Retired Persons, every day across the U.S., an estimated 8,000 individuals turn age 65. This trend is expected to continue for the next several years as individuals who make up the baby boomer generation approach and live out...
We often provide information and advice related to estate planning in terms of establishing a will, trust or living will. However, every year millions of Americans are on the receiving end of those wills and trusts and must sort out what to do with inherited assets....
Many people wrongly assume that only very wealthy individuals or those with many assets and belongings need an estate plan. In reality, however, even individuals of modest means likely have sentimental possessions they wish to leave to children, grandchildren or close...
