Many New Yorkers sign a power of attorney, thinking they are covered if incapacity strikes. But does it really work that way? The answer depends on the type of power of attorney you sign and whether you have other planning documents in place. In a city like Manhattan, where the cost of care and the […]
durable powers of attorney
Senior Life Expectancy Underscores the Need for Incapacity Planning
When you start to enter your middle-aged years, you will invariably find that you do not have the physical capabilities that you once had, and this is an unfortunate fact of life. At the same time, you can probably handle all of your own day-to-day needs without any assistance. It can be very difficult to […]
Are You Prepared for Your Twilight Years?
Everyone knows that you have to state your final wishes regarding the way you want your assets to be distributed when you are planning your estate. That facet is important, but a properly constructed plan should include another component. Once you are old enough to collect Social Security, your life expectancy is over 80 years. […]
What Is a Durable Power of Attorney?
Everyone knows that estate planning has a financial element at its core. Clearly, you must take steps to make sure that your assets wind up in the hands of your heirs after you pass away. The best way to go about this will vary on a case-by-case basis, and we examine vehicles of asset transfer […]
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