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 […]
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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 […]
Three Estate Planning Steps for Small Business Owners
Small business owners have a few retirement and estate planning concerns that do not apply to people that are employees. In this post, we will provide general information about planning for folks that work for themselves. Asset Protection You have to be concerned about asset protection in the present, and you want to preserve your […]
3 Key Estate Planning Tips
A lot of people that know they should put estate plans in place procrastinate because they don’t know where to begin. This is understandable to some extent, and with this in mind, we are going to share 3 key estate planning tips that should help you get started. Taxation is probably not going to be […]
Inheritance Planning Errors and How to Avoid Them
Inheritance planning errors are something that your family shouldn’t have to deal with following your passing. Passing along property, money, or other items as part of an inheritance should be an easy process for those you are leaving behind. Planning for inheritances is a crucial aspect of financial management which involves the preparation for the […]
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