Estate planning seems complicated, and that is largely, because it can be, especially as you age. However, one such item that can be overlooked, especially by those who do their plan online is protecting their New York, New York, estate plan from creditors. Do I...
There are many reasons a probate proceeding can get tied up in a legal dispute. Families in New York who are wanting just to see their loved one’s estates wrapped up will probably want to see these types of disputes resolved and with as little cost to the estate as...
In order to afford an extended stay in a nursing home, many people in New York City will have to qualify for Medicaid. Otherwise, they will have no way of paying for their care. The problem is that Medicaid is a government program for those of limited means. This...
As parents raise children with special needs in New York, their roles as parents are different than toe roles of parents of other children. Not only may theyrequire extra parental duties when their children are young, but those parental responsibilities may continue...
Creating a will is often the most important part of the estate planning process. A will allows you to have control over your property and other aspects of your life, even when you are no longer alive. Here are some of the most crucial steps to creating a will. Make...
In New York, when a person has a will, probate is a key part of the process of distributing their estate after they have died. It establishes that the will is valid and can be used to settle the decedent’s affairs. It also assesses the facts before allowing probate. A...
If you have a will, you are in the minority of New Yorkers. To be more specific, you are one of about a third of Americans who have one, according to a 2021 survey by Caring.com. An even smaller percentage has a full estate plan with a long-term care plan. We have...
Estate planning is a wise step in New York. This is true for everyone regardless of their age, financial situation, family status or goals. However, it is especially crucial for people who have loved ones to worry about and want to make sure their property is handled...
Sometimes a person in New York dies without much to their name. If so, their estate upon their death may qualify for the Voluntary Administration process, which is a quicker and simpler alternative to formal probate proceedings. What is Voluntary Administration? In...
You may have very personal reasons why you want to leave nothing to one of your adult children in your will, but a disinherited child can be angry if they are surprised to learn, upon the reading of your will, that they will receive less than their siblings or nothing...