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...
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...
Unless you went to law school like we did, you're probably like a majority of people across New York and only have a basic understanding of the law. Unfortunately, a basic understanding of the law does you little good when it comes to really important legal matters,...
The cost of living in a skilled nursing care facility is astronomical. As we mentioned in an earlier post, New Yorkers currently pay an average of about $136,000 a year for a private room in a nursing home. Other care options do cost less but they're still not cheap:...
We frequently write about the numerous benefits traditionally associated with proactive estate planning. If you and your attorney work through your wishes and concerns in advance of your death, your loved ones will likely have far fewer reasons to dispute elements of...
Few people in Brooklyn or elsewhere in the country would gasp at the notion that health problems increase with age. As people get older, they have more need for medical care as well as long-term care for ongoing health concerns.Despite this well-known trend, few...
If you have already appointed an executor, you have obviously taken steps to ensure that your financial and legal matters will be in order after you have passed away. Congratulations to you for being so proactive. Please however, keep in mind that estate planning is...
Undue influence is a common topic when discussing estate planning, elder law and other financial issues. However, what may not be clear is that undue influence, often defined as any persuasive act that overcomes an individual's free will, can also be considered a form...
If you have never heard of a Qualified Personal Residence Trust, you are not alone. Although this particular estate planning tool was once popular, it became less well-known over time. However, this tool may still help various Americans transfer their homes to their...
The more you look at the way estate matters are handled for the rich and famous, the more convinced you become that it is really difficult for families to handle these matters peacefully. Unfortunately, the family of blues legend B.B. King is experienced turmoil right...
