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You started your business at your kitchen table, moved it to the garage when it got bigger and now -- hurrah! -- you’re just about to sign your first commercial lease. Before you pick up that pen, however, you need to realize that commercial leases, unlike residential...
As their parents get on a bit in age, children often begin to wonder exactly how much estate planning they have done. Do they have a will? Do they have a power of attorney? Have they done no planning at all, meaning you would have to figure it out yourself if they...
Many of us have heard the terms health care directive, health care proxy and living will. But what do these terms mean and why are they important to estate planning? Essential terms and definitions To better understand what is involved in making a will, or other...
As people get older, the likelihood is that they will require more attention and care. It’s just a fact of life that illnesses and diseases tend to develop later in life, which means that the elderly often need medical care and support. One of the things you can do...
Some people are hale and hearty until the day they die. But many seniors start to experience a gradual mental and physical decline that their children invariably find painful to watch. Sometimes the emotional issues tied to a parent’s declining health and level of...
Applicants for assistance under the Medicaid program must meet specific asset and income limits in order to qualify. Beginning in October, applicants for community Medicaid benefits will be subject to new regulations under New York law. What do you need to know about...
Have you spoken to your parents about dying? Have they told you what they want to happen if they get seriously ill and have to go into hospital? It’s a tough conversation to have, but so were many of the most important conversations you’ve had in life. These are some...
The COVID-19 pandemic has accelerated the shift of our lives to the virtual world: virtual work meetings, virtual banking, virtual socialization. Of course, many people were shifting a great deal of their lives to the internet before the outbreak, but it has become a...
Envisioning and preparing for long-term care in later years is a matter of vital concern for many older adults and their family members, such as spouses and adult children. Under the best circumstances, families may start these discussions early. Ensuring that...
As you begin your estate planning journey, you have likely heard the term probate before. It is just one of many pieces of terminology that may be used without explanation. As you become more involved in estate planning, though, it’s important that you understand what...