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...
The initial steps of a real estate transaction help pave the way for a property seller to approve your offer and set you on the road to your new home or commercial property. Obtaining mortgage preapproval could make or break your efforts to buy a piece of real estate....
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...
Older age often brings ailments and infirmities, so in time you might lack the ability to fully care for yourself. Having a son or daughter move in with you and help you with different care tasks could help you at the moment, but it might cause some issues if you need...
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...
Purchasing property in New York City is a significant investment, requiring careful consideration of various factors. One important aspect often overlooked is the importance of a thorough title search. Taking the time to do research is a beneficial task. 1. Unveiling...
Most people will need some form of long-term care sooner or later. Long-term care involves a spectrum of services that address the needs of individuals with chronic illnesses or disabilities or older adults who require assistance with daily activities. This might mean...