Tag Archives: New York Estate Planning Attorneys
Getting Your Financial Affairs in Order Before Going On Vacation
Many of us plan all year in anticipation of a summer vacation and the opportunity to get away from the responsibilities of home, work, or school. Unfortunately, accidents can happen and things can go awry on your trip, and taking the time to make sure you have a solid estate planning and asset protection… Read More »
Choosing The Right Trust For Your Estate Planning
Trusts are a powerful tool in estate planning. They allow you to distribute property and assets to your beneficiaries while avoiding complicated and potentially costly probate hearings, offer tax benefits, and can help shield you against collections from creditors or in lawsuits. There are a variety of trusts you can select to suit your… Read More »
Choosing An Executor For Your Will
Creating a will is a basic element of estate planning. In addition to making sure your will meets all legal requirements in the state of New York, you will also need to name an executor who will file it in court in the event of your death. Choosing the right person to handle the… Read More »
Tips On Saving Money For Retirement
It is never too early or too late to begin thinking about retirement. Whether you are just starting out and hoping to build a decent nest egg, or have gotten a late start and are trying to catch up, putting money into a savings plan regularly is a smart investment. As part of estate… Read More »
Using A Trust In Your Retirement Planning
During retirement, you want to make sure you have access to the funds you need, while also keeping an eye toward the future. Trusts allow you to remain in control or your property and assets while ensuring your heirs are provided for in the future, and are a valuable tool in estate planning and… Read More »
What Is The Difference Between A Guardianship and Power of Attorney?
If you become incapacitated due to an injury or illness, it is important to have someone who can handle your affairs on your behalf. As part of estate planning and asset protection, seeking a guardianship through the court or having a durable power of attorney in place are two options that grant authority to… Read More »
Early Warning Signs That Nursing Home Care Is Needed
Many of us can appreciate when an aging loved one is resistant to the idea of entering a nursing home or assisted care facility. We understand their desire to provide for themselves while remaining in familiar surroundings, but there does come a point that more comprehensive care is needed to ensure their health and… Read More »
Updating Your Estate Planning Documents
Changes in life can happen quickly. Amidst your day to day activities, it can be easy to overlook the impact different circumstances can have on your overall estate plan. To protect your interests and assets, to ensure your wishes are adhered to, and to prevent disputes among your heirs, it is important to have… Read More »
Will A Presidential Repeal of Estate Taxes Impact Your Estate Plan?
As power transfers from democrats to republicans in Washington, there are increased rumors of a repeal of the current federal estate tax laws. As addressing potential tax issues is one of the goals of estate planning, would a tax repeal make your current estate planning documents obsolete? The answer to that question is no…. Read More »
Five Steps To Take Now For A Healthier New Year
A new year often provides the incentive to make a fresh start or a new beginning, and what better area to focus on than your own personal health and well-being. One of the main goals of estate planning is asset protection, and good health is the most valuable asset you can possess. Below are… Read More »