The ongoing coronavirus pandemic has put a lot of strain on local hospitals and even patients. The number of visitors that patients can have has been very limited over the last several months. However, recently the Office of Civil Rights (OCR) had to resolve a...
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Year: 2020
Gov. Cuomo signs bill to simplify power of attorney forms
Gov. Andrew Cuomo has signed a bill that will simplify New York's power of attorney forms. The law, which will take effect in June 2021, makes power of attorney forms easier to fill out. In fact, New York residents can fill out the new power of attorney documents...
How asset protection planning can protect your and your loved ones’ financial futures
Asset protection is a critical aspect of the estate planning process. It can keep your property out of the reach of potential lawsuits, including any plaintiff who may accuse you of negligence in an auto accident case or a lender who ends up foreclosing on your home...
Experienced estate planning attorneys will welcome your questions
Estate planning law firms with experience know that most people know little about this process. It seems complex, and in some cases, it is. Unfortunately, this leads many to avoid estate planning altogether. Although we understand why people may put off planning out...
Life insurance: An option to include in your estate plan
As you get older, one of the things that you may want to buy is life insurance. This is a type of insurance that can pay out if you pass away. As a part of your estate planning, this can be a helpful tool. When you pass away, your children or loved ones may have to...
Happy Thanksgiving from Korsinsky &Klein, LLP.
Although 2020 has provided us many challenges, it has reminded us all of how much we have to be thankful and grateful for. Whether you are celebrating the holiday together or from afar this season, all of us at Korsinsky & Klein, LLP, would like to wish you...
Helping your parents prepare their estates: 3 tips to remember
As your parents get older, it may be time to work on their estate. You want them to be protected as they age, and you also want to be sure that their assets and wishes are taken care of in the future. It can be tough to get your parents to talk about their estate, but...
How To Be Sure Your Children Are Cared For In Estate Planning
From the moment they’re born, you want to care for and protect your children for their whole lives. You feed and clothe them and make sure they are treated well, but there are other ways you can care for your children too. Establishing an estate plan with an...
New York is changing the Medicaid lookback rule
People getting close to retirement age, those recently diagnosed with a serious medical condition and also those who have just started estate planning may need to think about long-term care. Most people do not have insurance that will cover long-term care expenses...
Establish your long-term care plan now to protect your future
As you age, one of the most important things for you to do is to establish a long-term care plan. A long-term care plan will give more information on how you want your care managed as you get older and need more assistance in your life. Many people assume that...