No matter the size of your estate or the complexity of your circumstances, it is important to have the proper estate planning documents in place to protect you, your family and your assets. Unfortunately, many people fail to have any plan in place, and even if they have something, they are often outdated, incomplete or…
Now that your child has reached the age of 18 and may be starting college or has entered the workforce, there is something very important that you as parents should do, and that is to ask your son/daughter to sign a Power of Attorney and a Healthcare Proxy naming you as their agent. Why? In…
The New York State budget passed on April 1, 2014 includes dramatic changes to the state estate and gift tax laws. Bellow is a brief summary of the most important changes affecting New York trusts and estates. It would be prudent to contact your attorney to discuss how these changes affect your estate plan and…
Naming who should get your life insurance money after you die sounds simple, but designating beneficiaries can get tricky. Mistakes are common, and when made, they can be heartbreaking and expensive. When mistakes are made you’re not creating problems for you, you’re creating problems for the people you leave behind. HERE ARE EIGHT LIFE INSURANCE…
Sometimes it’s easy to know if you need to find an attorney. If you’ve been charged with a crime, been served with a lawsuit, or need a divorce – a lawyer is exactly what you need. Lawyers, however, aren’t just for criminals or those in litigation. Qualified attorneys can also provide advice and knowledge to…
Estate planning seems so simple. It can be deceptive, though. Here are ten mistakes people commonly make that can cause chaos for your family later. These are not in any particular order of importance. Mistake #1: Believing Your Estate Is Too Small. Estate planning does not depend on how much you have. It is about…
I have just become aware of a new scam targeting attorneys, which would also be “effective” against any company issuing checks. Please read the article below so that you do not become the next victim. The scam is very simple and involves the use of the technology that allows for the deposit of checks remotely…
The simple answer for most people is typically “YES”, although the reasons may differ. Below is a list (in no particular order) of reasons to do, or review your estate planning. _______________________________ 15 Most Common Reasons to Do (or Review) Your Estate Planning The desire to designate who will manage your affairs if you become…
