Have you considered estate planning? You can only preserve and protect your assets for your loved ones through estate planning. The good news is that it is never too late to implement estate planning strategies. These practices will include asset protection portfolios...
As you age, like many seniors, you may be seriously considering what you want your golden years to look like. How do you want your children or other caregivers to care for you? What decisions would you like them to make on your behalf? As you're managing basic estate...
As you begin planning your estate, you may have several concerns about your future. One notable issue for many people, especially as they move into their senior years, is who to assign power of attorney. As you're preparing to make this vital decision, it's essential...
On December 15, 2020, New York Governor Andrew Cuomo signed the Advanced Power of Attorney Bill into law. Sponsored by Senator Brad Holyman and Assemblywoman Helene Weinstein, the law resolves issues with the old law, making the power of attorney a more helpful...
Medicaid eligibility is complicated, and it changes from time to time. The application is lengthy and involved. Many applications are denied for simple issues like a missing signature or incorrect date. As an entire generation of "Boomers" retires, seniors and their...
There are many tasks that people in New York need to complete each day. People also need to plan for future events that they expect to occur or there is a potential of occurring. This is true for death as well. It is inevitable that everyone will pass away at some...
Nobody likes to think about death. It's one of those things where we hope if we don't think about it, it just won't happen. Unfortunately, this way of thinking can put you and your family at risk. Early and regular estate planning is one of the best actions to protect...
When you become a parent, you want to do all you can to give your child a good life. You work hard to provide for your child and take time to read to them, play with them and introduce them to some of your favorite activities. At times, life seems to rush by, and you...
Did you know that the IRS will still demand an estate tax on the property that devolves to your beneficiaries? If not thought out, the estate tax would massively diminish the portions beneficiaries ought to receive. Estate taxes are separate from probate fees that are...
Good health is no guarantee for anyone in New York, young or old. Sometimes a person is so injured or ill that they are incapable of making decisions on their own behalf, for example, if they are in a coma or develop dementia. In such situations, the vulnerable adult,...
