New York individuals or couples without children may believe that creating a will is unnecessary. Although having children is often an event that triggers couples to start thinking about estate planning, there are many other life events that are just as important and...
Year: 2025
Four risks of using AI to generate an estate plan
Artificial intelligence is here to stay. While the apps and other AI technology currently available can assist with writing, creating travel itineraries and entertaining, can it be relied upon to complete important legal tasks like creating an estate plan? Some people...
What happens if my will is lost?
Setting up an estate plan that includes a will is a great way to ensure your family and loved one’s needs are met after you pass away. But what happens if your will is lost? There are many reasons a will may be lost. It may have been destroyed in a natural disaster,...
Can I create a trust to use now that can also be my estate plan?
Trusts offer an efficient and flexible way for Williamsville residents to manage their assets today while ensuring their smooth transfer in the future. By setting up a trust, you can achieve multiple goals simultaneously, from asset protection to estate planning. What...
What is Medicaid spend-down and how do you do it?
Growing older brings many challenges, especially when it comes to your health and healthcare costs. Assistance from Medicaid's long-term care program offers relief for many seniors. But many New Yorkers find themselves in a difficult position—earning more than...
What happens if you die without a will in New York?
Death comes unexpectedly, leaving families to deal with both emotional and legal challenges. While grieving the loss of a loved one, many New York families face additional stress when they discover there's no will in place. This situation, known as dying intestate,...
Could your executor be mishandling your assets?
An executor plays a crucial role in managing an estate after someone passes away. They must act in the best interests of the beneficiaries, adhering to the will and state laws. However, not all executors fulfill their duties responsibly. Here are signs of possible...
How can you ensure your will is valid and enforceable in New York?
Estate planning can be daunting, but it is crucial for ensuring the fulfillment of your wishes after you pass. Creating a valid will is one of the most important components of estate planning. In New York, there are specific requirements to ensure your will is legally...
The pros and cons of a durable power of attorney
Imagine a time when you might be unable to make important decisions for yourself. It’s not something anyone likes to think about, but planning for the future is crucial. A durable power of attorney (POA) is a tool that can help ensure your wishes are carried out when...
Medicaid planning for special needs trusts in New York
Planning for the future of a loved one with special needs involves careful thinking, especially about Medicaid eligibility. In New York, special needs trusts (SNTs) offer a valuable tool to ensure your loved one gets the care they need without risking their benefits. ...

