One of the best ways to provide for your children after you pass away is to buy a life insurance policy. This may also be a tactic to provide for your spouse if you’re worried about passing away before he or she does. Many people have policies worth $1 million or...
Estate Planning
What are the benefits of an in-home health aide?
Long-term planning for health complications is a natural part of estate planning. No one can predict the future, but aging does bring with it risks of loss of mobility, physical and cognitive limitations, issues after strokes or heart attacks, and much more. Planning...
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...
Why is an estate plan important?
You may have heard that a lot of Americans -- the majority of them -- do not have estate plans. It’s often not that they don’t think it’s important, but just that they think they can do it later. What this really shows, though, is that they don’t fully grasp the...
New York estate planning: Avoid these common mistakes
Estate planning offers valuable advantages to all who make the effort to create a solid plan. Estate plans can be as unique as the individuals they help. An important part of estate planning for those in Brooklyn, NY, is avoiding common errors that can make your plan...
