You probably try to keep yourself in shape so you look and feel as good as you can, but time doesn’t stand still. There is usually going to be some sense of denial about the aging process, and it is gradual, but the years pass rather quickly. No one wants to admit that they are […]
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Tax Proposals Could Alter Estate Planning Landscape
Senators Sanders and Whitehouse have introduced legislation in the Senate which would significantly alter the Estate Planning landscape. It would dramatically change the tools we use to plan for our clients. Time is of the essence. Read on to learn more.
Is Probate Necessary for All Estates?
Many people hear bits and pieces about the estate planning process and they make assumptions based on incomplete information. This enters the picture when it comes to the administration process and the legal procedure called probate. Generally speaking, postmortem asset transfers are subject to this court-supervised process, but there are certain types of transfers that […]
Use It Before It’s Gone
The amount you can pass free from estate tax is at a record high of $11.7 million per person. There’s legislation which would lower the exclusion to $3.5 million per person. Married people can take advantage of the current exemption. Read on to learn more.
New York Nursing Home Cost Survey Sheds Light
The most important matter that elder law attorneys address is the long-term care situation. Most senior citizens will need some type of help with their activities of daily living eventually. Some of them can receive the assistance they need in their own homes from family members and friends, but residential long-term care will often become […]
An Overview of Essential Estate Planning Documents
Estate planning can seem like an overwhelming task if you are a layperson and you don’t know where to begin. This is perfectly understandable, and in this post, we will provide an overview of the essential documents that should be part of every estate plan. Will or Trust The plan will start with a vehicle […]
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