If you have a loved one who suffers from a physical or mental disability, then you’re probably worried about their future, especially if you provide them with a lot of support. This consideration should definitely be taken into account as you create your estate plan....
Estate Planning
Estate Planning
Avoid these common estate planning errors
If you’ve decided that it’s time to execute a plan to protect your assets, put instructions regarding health care decisions in writing and provide an inheritance for your loved ones, then you’re in a distinct category apart from those in New York and beyond who won’t...
Dying without an estate plan can cause trouble down the road
Movie fans in Williamsville, especially fans of the Marvel Universe, were saddened earlier this year to hear of the death of actor Chadwick Boseman due to colon cancer. However, we can learn something about estate planning from his tragic and untimely passing, because...
Are you considering an advance directive for your estate plan?
As year by year passes beyond age 55, you might find yourself thinking about end-of-life issues more often. Especially if you’re now in your 60s or beyond, you may have gathered your adult children at your New York home for a discussion about executing an estate plan....
Do you have grounds to contest a will?
If you have recently lost a loved one, it may take time to process your grief and learn to move on in life without him or her. Perhaps, like many other people in New York, your parent or grandparent died, and you and your siblings are navigating the probate process....
Three reasons a will may face challenges
A will is an important part of a New York resident’s estate plan. It is a legal device that allows an individual to evaluate their property and decide how and to whom they wish it to pass after their death. When a person does not have a will, their property that is...
4 Essential tips for long-term care planning
Long-term care (LTC) refers to a broad spectrum of services that assist an elder with daily activities, such as eating, bathing or running errands. Most people don't realize that these essential services aren't covered by health insurance, disability insurance or...
Is it time to make changes to your revocable living trust?
Let's say you took care of your estate planning several years ago. Since then, life has gone on. People may have come in and out of your life. LIfe events may have changed your perspective, your priorities and your feelings toward your friends and loved ones....
Creating a will in New York
Creating a will is often one of the most important parts of the estate planning process. Having a will in place when you pass away gives you the power to decide how to distribute your assets and help speed up the probate process for your family when it comes time to...
Digital assets should not be missed when it comes to estate planning
Many Buffalo area residents have taken the time to complete their estate plan. They understand that having an estate plan in place is important in order to preserve a person’s assets, communicate their wishes and designate powers of attorney. In addition to these...