Every parent wants their child to succeed and do well in life. To help steer a child towards or keep a child on what a parent considers to be the right path, a parent may offer an incentive to help a child out financially. For example a parent may agree to pay a...
Read Our Blog Posts For More Information
The importance of planning for long-term care needs
As an individual ages and moves through different stages in life, there are always concerns that must be addressed and questions answered. For individuals nearing retirement, chief concerns often relate to ensuring for one's own financial security as well as that of a...
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,...
Remarriage and the benefits of a QTIP trust
Gone are the days when a couple married during their early 20s, welcomed and raised children together and lived out the rest of their lives together. Today, with the U.S. divorce rate hovering around 50 percent, familial structures within the U.S. are more complex...
Diminished mental capacity, undue influence and challenging a will
For many adult children, concerns over the physical and mental health of one’s parents are often a chief concern. In addition to worrying about an elderly parent falling or suffering a major health event like a heart attack, a parent's diminished cognitive...
How to help loved ones who are victims of power of attorney abuse
Most people in New York and across the country offer assistance to their loved ones as they age. From offering help doing daily chores to finding affordable health care options, there are a countless number of ways in which we can offer our loved ones help during a...
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...
Real estate deed transfers: the importance of doing them right
There are certain things a person may be rather concerned about in their elderly years. One is what will ultimately happen with the real estate that they have. There are many different types of real estate a person could have: a family home, a condo, a vacation home,...

