As a new parent, you will have plenty to worry about, from what kind of baby carrier you use to addressing sleeplessness due to a colicky baby. Theoretical problems that could occur in the future likely don't seem nearly as important as your immediate needs during the...
If you have been thinking about your estate plan lately, you may be wondering the same thing that many other people ask, "do I need a power of attorney?"Of course, you may also be wondering what can a power of attorney do, is one really needed and when would you need...
When it comes to planning for the future, there is really no such thing as being over-prepared. Creating and maintaining a comprehensive estate plan in New York is an important element of preparing for the future. Once you have established an initial plan, the work is...
When people plan for the future, they focus on things such as buying a house, buying a car, having a family. Later in life, they plan for how the house and the car are going to be distributed amongst the family.Planning for what happens if you become incapacitated and...
Estate planning is about more than just passing assets from generation to generation. A balanced estate plan also addresses how your affairs should be handled in the event that you are unable to manage them yourself.This could happen to anyone at anytime. An accident...
Estate planning can be a complex process. Those attempting to put together a balanced plan likely find themselves navigating difficult questions like: Is a will enough? Should trusts be included? Is Medicaid an option? In comparison, the top reported estate planning...
Baby Boomers have a reputation for breaking through old stereotypes, and they're at it again. Not be outdone by previous generations, Baby Boomers are living longer and more actively. Boomers are taking up new hobbies (paddle boarding, anyone?) and traveling to...
Too many individuals have preconceived notions that only elderly or sick people need to worry about estate planning. In truth, everyone - regardless of health, wealth or age - should take the time to draft a comprehensive estate plan. Having these documents in place...
Trusts can be an extremely effective tool when creating an estate plan that best meets your and your family's needs. There are numerous kinds of trusts available that all work a little differently.An IRA trust works to stretch out payments made by an Individual...
A will is an effective way of transferring assets upon death, but it isn't the only way. Many people are surprised to hear that they can accomplish the same goals, plus receive additional benefits, by creating a revocable trust.The video below explains the...
