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On its face, the estate planning process can seem complex and confusing. Yet, if you don’t know how to properly navigate it, then your assets could be subjected to additional taxation, your assets could fall into the wrong hands, or your family could end up fighting...
Many families do not think about Medicaid planning until a health scare or sudden decline changes daily life. When care needs rise fast, questions about savings, property and eligibility appear all at once. Adult children may worry if their parents will qualify for...
Those who are considering Medicaid or have a loved one who might need Medicaid to pay for a stay in long-term care should pay attention as income and asset requirements for 2026 will be released soon. To review, for a single adult living alone with no dependents, the...
Through the estate planning process, you can support charitable organizations that you believe in. There are many ways to do this, though, which is why it’s important to fully consider how to navigate this piece of your estate plan. In this post, then, we want to look...
Estate planning can feel like a deeply personal endeavor. After all, throughout the process you have to come to terms with your own mortality and devise an asset distribution scheme that may be off-putting to some. But keeping your estate plan in the shadows can be a...
Alzheimer’s disease and other types of dementia affect millions of people, particularly as they get older. As dementia progresses, a person might require constant care and will not have the mental capacity to remember even the most basic information or make simple...
Most people know that an estate plan is mainly used to pass on a home, car or bank accounts. But what about your email accounts, social media profiles or the thousands of family photos stored in the cloud? In our digital world, these "digital assets" are frequently...
Don’t let New York’s probate court make your family's most personal decisions. Estate planning is not just for the wealthy or older people. It is an essential step for every adult. Without the proper legal documents, your wishes will not matter. Instead, New York...
When thinking about estate planning, a lot of people consider the distribution of their assets to be top priority. While it’s true that the disposition of your wealth is key to effective estate planning, there are several other aspects of the process that you can’t...
In New York, estate planning and Medicaid eligibility often intersect. If an heir is eligible for Medicaid and a person creating an estate plan is leaving them assets, it could impact whether they maintain their Medicaid eligibility. While leaving property to a loved...
