Did you know that your estate plan could be outdated? An outdated estate plan doesn't always mean it can’t be used, but it can create many difficulties for your beneficiaries, such as the wrong beneficiary gaining assets from your estate. You can update your estate...
Medicaid is a joint federal and state venture that provides health coverage for eligible individuals, including low-income adults, children, pregnant women, elderly adults and people with disabilities. One significant process within Medicaid that is important for...
Probate proceedings can be time-consuming and costly. They may, too, create stress during an already challenging time for families dealing with the loss of a loved one. However, individuals in New York can use strategic measures to sidestep the probate process. In...
Discussion of trusts in an estate planning context often focus on wealthier households. Those who have enough resources to be at risk of estate taxes, for example, are likely to turn to more thorough estate planning measures to protect themselves and their...
Estate planning can be complicated. Your decisions determine if your beneficiaries will benefit as you intended and if your legacy will continue. Therefore, it’s not an ideal do-it-yourself project. You should have a team of professionals to help you, including:...
The National Association of Realtors reported in September 2023, the median sales price for homes in the nation was $394,300. When considering purchasing a home, it is important to approach the process with a discerning eye. Not all homes on the market may be in good...
Elderly care and guardianship are crucial topics that require keen attention and careful consideration. As your loved ones age, it's important to watch for signs that they may need additional support or guardianship. This can help ensure their safety, well-being and...
If your parents are getting older, you may have concerns about their healthcare and financial security. They may be eligible for medical coverage through the federal government's Medicaid program. The process of qualifying for Medicaid can be complex and requires...
Making a will is an important part of planning for the future. This estate planning document lets you express your wishes regarding your assets and ensure they get followed after you die. Although most people need a will, it can be difficult to tell exactly when you...
As your parent grows older, they may face health challenges that require careful planning. As their child, it’s understandable if you want to help them secure this part of their future. Helping them create a Healthcare Power of Attorney (HCPA) may help you with this....