Estate Planning

When was the last time you made changes to your estate plan? If you have only ever made your estate plan and never updated it, then it may be due time for your estate plan to be changed.  Estate planning is a lifelong process, it can help benefit you and the people...

As the cost of healthcare continues to rise, some state Medicaid offices are taking measures to recoup expenses, including targeting the assets of deceased individuals. One asset the agency sometimes takes such actions against is the family home. There are ways to...

If you are like most people, you have more than a few digital assets – even if you don’t realize it. For example, your Facebook account, cryptocurrency wallet and online casino account are all digital assets. While you may not have considered these as “assets” in the...

No one likes to think about worst-case scenarios, but preparing for the unexpected is important. Advance directives provide a plan for unforeseen medical circumstances when you are unable to advocate for yourself. Even when you are under 30 and in great shape,...

A revocable trust, often known as a living trust, is a legal document created by individuals to hold and manage their assets during their lifetime and/or after death. This type of can be altered or revoked by the grantor at any point during their lifetime as long as...

If you’re preparing to put your estate plan in place, you’ll need to account for all of your assets – even those you may not have touched for years. Consider safe deposit boxes, for example. You may have a safe deposit box with jewelry or other valuables, including...

End-of-life planning can be very complicated, and the conversations you need to have with your family can be hard to start – but those conversations are an essential part of aging. By talking about (your) death and what you envision as your ideal before, during and...

The most basic document in your estate plan is your will. Your will instructs how your assets should be distributed and who should benefit from them after you pass away. Your estate plan can also include a trust.  A trust is a legal arrangement where a grantor...

New York residents have the option of creating advance directives to outline their health care preferences and designate decision-makers if they become incapacitated. These legal documents empower individuals to maintain control over their medical care. They also give...

Using trusts to leave money to charities and loved ones is a strategic component of estate planning, offering flexibility, control and potential tax benefits. Trusts enable individuals to specify how their assets should be managed and distributed, ensuring their...