Estate Planning for Single Seniors
Aug 21, 2017
Much of the estate planning discourse revolves around planning techniques for the married couple, whether it be for tax planning or asset protection planning. However, for seniors who have never marri...
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Non-Hospital DNR vs. Traditional DNR
Jul 24, 2017
The "Do Not Resuscitate" order, or "DNR" came about from a task force commenced by Governor Mario Cuomo in 1985 wherein experts were tasked with reconciling outstanding issues with legally withholding...
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Giving Your Estate Plan a Spring Clean-Up
Mar 10, 2017
Spring has sprung! Warmer temperatures and more daylight have a way of inspiring people to refresh their houses and cleanup their yards to make way for the summer season. Not unlike our homes and yard...
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Second Marriage Estate Planning
Feb 08, 2017
Question: My spouse and I each have children from previous marriages. While we want to provide for our surviving spouse when the first of us passes away, we want to ensure that each of our respective ...
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Article 81 Guardianships
Jan 20, 2017
Just because a loved one has a diagnosis of dementia, does not necessary mean that they are unable to execute the advance directives needed to designate you to take care of their personal and financia...
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Why Do I Need a Will?
Dec 21, 2016
While many people assume that their spouse will automatically inherit their assets if they die, this may not be the case. If you die without a Last Will and Testament, your assets will be distributed ...
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Mortgages and Irrevocable Trusts
Dec 05, 2016
Most banks will not offer traditional mortgages or home equity lines of credit against real property owned by an irrevocable trust. Luckily, in New York State an irrevocable Medicaid trust can be revo...
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Gifting to Minors
Oct 21, 2016
You can absolutely designate minor children to receive money under retirement accounts and life insurance policies. However, you NEVER want to designate that the child receive those monies outright. I...
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Should I Be Putting Property in My Children’s Names?
May 09, 2016
Elder Law attorneys hear this question constantly. Typically, once people reach a certain age there is an invisible pressure to transfer assets out of one’s name and into that of their children. Some ...
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Giving Your Estate Plan a Spring Clean Up
Mar 18, 2016
Spring has sprung! Warmer temperatures and more daylight have a way of inspiring people to refresh their houses and cleanup their yards to make way for the summer season. Not unlike our homes and yard...
See Full Guide