On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Sep 18, 2020 | Estate Planning
The so-called “traditional” family structure – a mother and a father, on their first marriage, raising children together – is no longer the norm. Fewer than half of American children live in this type of situation, according to Pew Research, a significant change from...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Aug 12, 2020 | Estate Planning
New York residents who have considerable assets will do everything they can to protect them. These assets will most likely be used to fund everything from retirement to college funds and other major expenses. One great way for New Yorkers to protect their investments...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Jul 23, 2020 | Estate Planning
Estate planning can cover far more than simple liquid assets and real property for New Yorkers. For instance, business owners should consider who they want to take over their companies if they pass away or become incapacitated. People with retirement accounts should...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Jun 17, 2020 | Blog, Estate Planning
People in New York may want to consider revising their estate plan when they undergo major life changes, such as the birth of a child or a divorce. However, there are other situations that could also prompt the need to change an estate plan. For example, if a child is...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | May 13, 2020 | Estate Planning
As you go through life, you develop opinions on the type of medical care you think is appropriate for you. Whether you never go to the doctor or keep regular appointments, you have wishes for the care you prefer to receive. But if you find yourself incapacitated and...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | May 7, 2020 | Blog, Estate Planning
Estate planning is vital for every New York family. Unfortunately, many people are under the impression that estate planning is difficult and burdensome. However, advance planning and education can help take some of the mystery out of estate planning, making it easier...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Apr 30, 2020 | Blog, Estate Planning, Trust Administration
Many New Yorkers put off the estate planning process because they think they have too few assets to bother. However, an estate plan is important for all adults who want to have the final say in how their assets will be distributed. It can also appoint people to make...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Apr 13, 2020 | Estate Planning
As a small business owner, you have a hand in all your day-to-day activities. Your may not have the resources to delegate responsibilities to employees. Or you may just like to ensure that things are done properly. Either way, without you, your company would have a...
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Mar 31, 2020 | Estate Planning
Unlike Medicare, which is an age-based government insurance program, Medicaid is an income-based program intended to help those who cannot cover the cost of their own medical care. There are restrictions on assets and income for Medicaid that don’t exist for Medicare....
On behalf of Connors & Sullivan, Attorneys at Law, PLLC | Mar 24, 2020 | Estate Planning
When you divorce, a lot of changes occur in your life. You might change your address. You might change your last name. But you definitely should consider changing your estate plan. That’s because while you’re in the process of divorce, or even after it’s final, your...
