There has been, perhaps, no other time in recent history where estate planning has been such a popular topic. After all, with the craziness of the past year, it is no wonder many of us are trying to figure out how to prepare for unexpected events, and many have found...
Estate Planning
Appointing a health care proxy in New York
While it can be difficult to think about, there may come a time when a person cannot make health care decisions for him or herself. A health care proxy may be useful to consider as part of an estate plan. Health care proxy In New York, an adult who is 18 years of age...
How risky is it to forego an estate plan in New York?
There are a lot of New Yorkers who don’t put much, if any, thought into estate planning. These individuals think that their lives are pretty simple, and that allowing their assets to pass to their loved ones without a will suits their needs well enough. But this kind...
The role of a financial power of attorney
New Yorkers are usually advised of the importance of advanced directives, such as a living will, to accompany their will or trust. But another important document that sometimes gets overlooked during estate planning is a financial power of attorney. A financial POA...