Month: February 2022
What can you do if you have concerns about an elderly relative?
A chronic medical condition may cause an elderly adult to become physically or mentally incapacitated. If this happens to someone close to you, he or she may no longer be able to take adequate care of himself or herself. The changes may take place gradually so that...
Why you should avoid do-it-yourself estate planning
A lot of people think that estate planning is simple. You just draw up a document and state who you want to inherit your assets, right? Maybe. The complexities of your estate plan really depend on the extent of your estate and how you want those assets to be passed...
How may I add vacation property to my estate plan?
Your estate planning documents may include as many types of property as you wish. You could add a primary residence, vacation home or any other property to your will or trust. If you created a will, you may revise it to include a new asset and name the individual to...
Should I get a standby guardianship to protect my children?
Many parents in New York who are conscientious about estate planning and being prepared for the future will consider all options in protecting themselves and their family members. This is especially true if they are responsible for others. Those who have young...
How do you avoid probate?
You want to give your loved ones one less thing to worry about when you die, which is one reason you invest so much time and energy in estate planning. To ensure your assets get to their intended benefactors faster, you may want your estate to avoid probate court....