By now, most New York City residents have likely heard about former NBA player Lamar Odom's recent serious health scare. After being found unconscious due to a suspected drug overdose, Odom was rushed to a Nevada hospital where doctors reportedly questioned whether or...
How do annual gift exclusions work?
If you've just started putting your estate plan together, then you likely have a lot of questions. Don't worry. You're not alone. Properly laying out an estate plan takes time and a lot of effort on your part. It also requires a deep understanding of the law as well,...
A living will gives you a voice in critical and personal health care decisions
Anyone who has ever witnessed the physical demise of a loved one understands the tremendous emotional and mental pain and sadness that are tied to such an event. In cases where the life of a parent, spouse or adult child hangs in the balance after a serious heart...
A single adult’s guide to estate planning
When it comes to estate planning, there's often a lot of focus on taking steps to provide for a surviving spouse or child. These discussions often leave many single adults feeling left out and scratching their heads wondering how estate planning applies to them and...
Taking the time to plan today, can pay off big in the future
We all go through many stages and experiences in life—some good and others painful. From births, marriages and financial successes to deaths, divorces and financial hardships; we are constantly forced to evaluate our current situation and to make changes and...
The value of charitable giving in estate planning
Whether it's donating time at a local shelter, raising money to help fight a disease or exerting energy to build homes for those in need, people from all walks of life choose to make charitable endeavors an important part of their everyday lives.In fact, more people...
Alterations and challenges to will can create issues
One of the great misunderstandings about estate plans is that people think an estate plan is a single document, a self-contained contract that outlines everything and anything relating to an individual's estate. To the contrary, estate plans are made up of many...
What should Gen Xers keep in mind when it comes to estate planning?
On Friday, our blog discussed how those people inching ever closer to retirement age -- aka Baby Boomers -- need to expand their focus beyond retirement planning and ensure that they have an estate plan in place to protect the substantial assets they've accumulated...
Estate planning: It’s about more than having a will
Planning for the future is something we do all the time. We schedule vacations, set aside money for retirement, organize long-term payment plans for a house and do what we can to support our kids as they grow up and think about what they want to be someday.But when it...
Close to retirement? Do not forget about estate planning
As you get older, you are often reminded of the importance of planning for your retirement. Retirement planning is important and is one thing that you can do to make life easier for yourself in the future. Retirement planning is not the only type of planning you...

