When a loved one passes away, their friends and family are often left with overwhelming feelings of grief and emotion. During this time, the last thing on anyone's mind or that anyone should need to focus on is the legal and financial process associated with their loved one’s death. However,...
Category: Legal
How to Talk to Your Parents About Asset Protection Planning
The topics of aging, long term care and eventual death are always difficult conversations to broach, especially with our loved ones. However, as we age we understand the need and desire to protect those assets we have worked so hard to build. The reality is that the cost of long...
Make Completing Your Estate Plan Your 2023 New Year’s Resolution
The New Year is a great opportunity for individuals to make new goals by setting a New Year’s resolution for what they hope to achieve over the next twelve months. As you ring in 2023, consider making an estate plan your New Year’s resolution. While death can be an uncomfortable...
What Makes a Will Valid in New York State?
For most people, death is an uncomfortable topic to think about or plan for. However, strategizing for what will happen to your estate after you have passed is incredibly important. A Last Will and Testament allows you to decide what will happen with your assets after your death and who...
6 Estate Planning Tips for Young Families
No matter your age or stage in life, planning out the details of your estate and assets may be necessary. For many young families, including new parents or new homeowners, there is concern for the well-being and care of young children and the protection and distribution of your assets. What...
Steps to Take When Preventing Financial Elder Abuse
Unfortunately, our senior community is a growing target for manipulation, exploitation, neglect, and abuse. As our senior loved ones age, we must make many decisions on their behalf to assist in their care and well-being. Sadly, financial elder abuse is a frequent occurrence, with one in six senior adults experiencing...
Do Wills Need to Go Through Probate in New York?
When a person passes away in New York, their assets must be managed and distributed according to instructions in their will. Unfortunately, this is not something should wait long after the initial grieving process and should be handled promptly. The process involves a Petition to the court to settle the...