The Risks of Naming Your Child as Your Health Care Proxy or POA in New York

It’s very common for aging parents to name their children as health care proxies or agents under a Power of Attorney (POA). Children know their parents well, care deeply about their well-being, and are committed to honoring their wishes, which makes them a natural and Read More …

Leaving Your Family with Clarity: Estate Planning for Estranged Children in New York

Leaving Your Family with Clarity: Estate Planning for Estranged Children Familial relationships can be complicated, and sometimes they don’t work out, such as in the case of estrangement from a child. This can raise difficult questions when it comes to estate planning. It’s important to Read More …

Planning for the Future with Student Loans: What Young Adults Need to Know

Most people associate estate planning with elderly people; however, it is not just people with kids and retirement funds that need to plan for their future. Young adults, especially with student loans, should start establishing a plan today. When you’re young and in debt, estate Read More …

How To Include People With Disabilities In My Will And Not Lose SSI And Medicaid

When deciding on where you want your assets to go after death, it is common for people to think of their loved ones first. The process of transferring your assets to your family usually happens smoothly and runs into no problems. However, for loved ones Read More …

Can I Inherit Digital Assets?

Throughout the years, we have seen new waves of technological advancements in investing on the internet. In the past few years, a vast amount of people have invested in digital assets. Digital assets are anything that is digital, has value, and can be identifiable. This Read More …

Can I Inherit Debt?

When a loved one passes away, the last thing anyone wants to think about is money. Unfortunately, just because someone passes away, it does not necessarily mean that their debt also goes away. But where does this debt go? Technically, debts cannot be inherited-but some Read More …

5 Steps to Take When Caring for Someone With Dementia

When caring for someone with dementia, it can be heartbreaking to see the symptoms of this cognitive disease to wear down your family member. Dementia gradually takes their mental capabilities such as their memory and ability to communicate which ultimately will affect their physical abilities. Read More …

What Happens If You Die Without a Will?

Despite the COVID-19 pandemic causing an uprising of interest in estate plans, there was a survey in 2022 that found that only about 33% of Americans have an established will. An established estate plan does not only save time and money for your loved ones Read More …

National Elder Law Month: 5 Elder Care Planning Tips

May is the celebration month of National Elder Law Month! Originating in 1963, National Elder Law Month stemmed from President John F. Kennedy issuing Proclamation 3527. He declared the month of May “Senior Citizens Month,” proclaiming that all “informal and educational means should be used” Read More …

How to Effectively Plan Ahead When Diagnosed with Dementia?

After receiving a devastating diagnosis of dementia, you may be overwhelmed with confusion on what next steps to take. Many are quick to evaluate their medical options, but oftentimes the legal considerations are overlooked. Nevertheless, legal planning allows for stability in a time of uncertainty. Read More …