Estate planning helps ensure that you and your loved ones will be protected no matter what the future holds. In our blog, we discuss the elements of an estate plan, how an estate plan prepares for possible illness or incapacity, what you can do to leave a lasting legacy for your loved ones, and much more. For answers to questions about your specific estate planning needs, please contact our office to request a free initial consultation.
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Why You Need an Estate Plan If You Are Single and Have No Kids Preparing for the future is important even if you don’t have a spouse or kids. These are the top 8 reasons to talk to an estate planning attorney while single. -
Why You Shouldn't Write Your Own Will Forgetting to provide instructions for every asset and piece of property is a common error in DIY wills. -
Update Your Living Will ASAP If You’ve Had Any of These Life Changes Divorce, marriage, and major surgery are just a few times when you should make changes to your New York living will to ensure your wishes are followed. -
Elder Care: Should Children Pay? It is no longer news that long-term nursing care is astronomically expensive. Depending on the location, monthly costs can reach $7,000.00 or more. -
Discussing Your Parent’s Financial Future You shouldn't put off talking about finances with your parent if he or she is already experiencing cognitive decline. -
Six Big Mistakes to Avoid When Estate Planning Planning your estate ensures your assets, interests, and those you love are protected after you die. A poor plan can create additional stress in your heirs -
Using Life Insurance as Part of Your Estate Plan Grieving family members shouldn't inherit assets only to find out they cannot access them for the cash expenditures they will have to make after your passing. -
Passing On Family Values As Part of an Inheritance Addressing and legally formalizing the inheritance of family values and assets can be difficult, especially if parents wait too long to start instilling them. Our New York elder law attorney explains more -
Know Your Parents’ Aging Strategies Before a Medical Crisis Hits It is common in the US for adult children to live far away from their parents. No matter where you live, managing aging parents or in-law medical events can be challenging without proper preparation and an understanding of what your parents' strategy is. -
What Can an Elder Law Attorney do For You? In addition to the baby boomer generation aging, the influx of international migrants has led to an increase in senior citizen population in the United States. Our Brooklyn elder law attorney details the benefits of having one at your side. -
Durable Powers of Attorney When you lose a spouse or longtime partner, it can be hard to think about anything but your grief. It is imperative to be aware that there are important. -
Irrevocable vs. Revocable In estate planning, there are many types of trusts. A revocable trust and an irrevocable trust are the most common and better suited to different estate plans