When you are planning your estate, you may have some specific objectives and concerns that are somewhat outside of the norm. Unfortunately, there are many tools in the estate planning toolkit, and there are different trust that can be utilized to accomplish various objectives. With this in mind, we will look at two of them: […]
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Testamentary Trust vs. Living Trust: What’s the Difference?
As a layperson, there is no reason why you would understand the various tools that are in the estate planning toolkit. Many people are surprised to hear that there are multiple different types of trusts that satisfy various respective aims. In this post, we are going to look at two of the most commonly used […]
Sandwich Generation Members Face Major Challenges
The “sandwich generation” refers to the group of people who are responsible for taking care of their aging parents while also raising their own children. This group is often caught in a difficult situation where they have to balance their responsibilities towards both generations. The challenges that this group faces are numerous and complex, and […]
This Veterans Pension Can Defray Long-Term Care Costs
You have to try to accept some inconvenient truths when you are planning ahead for the future. After your active retirement years start to wane, it may become harder and harder for you to go about your activities of daily living. At some point, assistance may be needed, even if it is hard to envision […]
Five Reasons to Consult With an Elder Law Attorney
When you hear the term “elder law attorney,” on the surface, it can be a head-scratcher. Why would elders need a special type of lawyer? This is a good question, but there are some eventualities that seniors face that have legal ramifications, and we will look at five of them in this post. Update Your […]
Is There Any Way Around Probate?
If you use a will to record your final wishes, you would name an executor to act as the estate administrator. Under the laws of the state of New York, the executor would not be able to complete the tasks independently without supervision. The will would be admitted to probate, and the Surrogate’s Court would […]
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