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Inheriting Land

When a loved one passes, it is common for them to pass on their real estate in addition to their other assets. In the event that you inherit a piece of land from a loved one, there are some important things to consider. But what if you are given a piece of undeveloped land? What [...]

By |2018-06-15T18:05:18+00:00July 13th, 2018|Uncategorized|0 Comments

You Will Probably Need Long-Term Care

Many people assume that they won’t need long-term care. But, odds are, the vast majority of Americans will require long-term assistance. It is important to know that it is necessary to plan ahead for this possibility. The need for at-home aide or checking into a nursing home may be in your future. Statistics Most studies [...]

By |2018-06-15T17:59:37+00:00July 6th, 2018|Uncategorized|0 Comments

When Should You Buy Long-Term Care Insurance?

Long-term care insurance can be an important step in planning for your future. This type of insurance allows you to accumulate value for your long-term care. But when is a good time to purchase this insurance? With costs of nursing homes and hospital fees constantly on the rise, it is vital to be financially prepared. [...]

By |2018-06-15T17:53:23+00:00June 21st, 2018|Uncategorized|0 Comments

Guardianship of a Parent With Dementia

Parkinson’s disease, Alzheimer’s, and more can lead to dementia in elders. If your parent or loved one is suffering from a dementia-causing illness, there are a few steps that you should take in order to protect their rights and assets before signs of dementia begin to become. Guardianship and Power of Attorney During the early [...]

By |2018-03-21T18:04:23+00:00March 27th, 2018|Uncategorized|0 Comments

Closing Bank Accounts Upon Death

When death occurs in the family, there are a lot of moving parts and important paperwork to keep track of. It is important to make sure that the monetary assets in your bank accounts are taken care of, to make it easier for your beneficiaries. Knowing what you need to prepare for each account type [...]

By |2018-03-21T17:54:07+00:00March 21st, 2018|Uncategorized|0 Comments

Do You Need to Change Your Estate Plan

Our lives are constantly changing. Whether minor or major, these changes can have an impact on your plans for the future, including your estate. Deaths, natural disasters, marriage, births, divorce, job loss, property damage, property sales and more can affect your estate holdings and to whom you plan to distribute your estate upon death. It [...]

By |2018-02-09T15:22:53+00:00February 16th, 2018|Uncategorized|0 Comments

The Importance of Probate Administration

During your lifetime, you accumulate a lot of wealth, debt, and valuables, both emotional and monetary. In order to properly ensure that your estate is properly managed and distributed, many people seek the assistance of an elder law attorney whom may oversee the drafting and execution of a Last Will and Testament and, upon your [...]

By |2017-12-26T17:49:20+00:00December 13th, 2017|Uncategorized|0 Comments

Updating Your Will When Your Spouse Requires Long Term Care

When it is determined that your spouse requires long term care, either at home or in a facility, it is important to have your Will updated to reflect your spouse's health status. In the event of your death, the estate distributed to your spouse, in most cases, should reflect their change in health status. The [...]

By |2017-11-01T14:28:42+00:00November 1st, 2017|Uncategorized|0 Comments

Why You Need A Living Will or Health Care Proxy

A Health Care Proxy and Living Will are documents that allow your wishes to be carried out should you become incapacitated and unable to care for yourself; such as in the event of a declining mental state or the reliance of life support. Anyone over the age of 18 can and should create a Health [...]

By |2017-09-20T15:20:47+00:00September 20th, 2017|Articles, Uncategorized|0 Comments

Planning for Long Term Care

It never hurts to plan for your future. People are living longer, diseases and illnesses can pop up out of nowhere, and you can never fully account for all of life’s unexpected moments. As you get older, you may not be able to be fully independent. Unfortunately, many New Yorkers fail to plan for long [...]

By |2017-09-09T15:39:26+00:00September 9th, 2017|Uncategorized|0 Comments