Running a business in Manhattan demands your full attention. It is easy to stay focused on clients, employees, and cash flow while quietly assuming you will “deal with succession someday.” The problem is that life does not always wait for the right moment. Illness, disputes, or sudden opportunities can force change before you have a […]
legacy planning
Legacy Planning: Share a Piece of Your Heart
As you reach an advanced age, you may find that you are at peace with your mortality. However, the thing that may bother you the most is the fact that you will no longer be there for your loved ones. There is no getting around this fact of life, but when you plan your estate, […]
Share Your Values With an Ethical Will
When you think about estate planning, you probably picture legal documents like wills, trusts, and powers of attorney. These tools are essential, but they focus mostly on money and property. An ethical will gives you the chance to share something different. An ethical will is not a legal document. Instead, it is a letter or […]
Legacy Planning: A More Comprehensive Approach to Estate Planning
A bare-bones estate plan will typically include a will, and advance health care directives may be included as well. If you are not familiar with the latter documents, they are used to prepare for possible incapacity. One of the directives is a a durable power of attorney for health care or health care proxy. This […]
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