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General Life

Wednesday, September 6, 2017

Most Americans Still Avoid Estate Planning


Based on the most recent survey, 52% of Americans do not have a Will. Usually, not having a Will also means not having a Power of Attorney or a Health Care Proxy.

When I lecture about this issue, I can talk for at least an hour about the need for a Power of Attorney and what happens when people do not have one. Main reasons to get your planning done:

  1. If you do not have a Power of Attorney, in the event of your incapacity, your family is likely to spend over $10,000 on guardianship costs and related legal fees. I’m talking about a $10,000 fee in a GOOD scenario, where everyone in the family is in agreement.
    Read more . . .


Tuesday, April 11, 2017

Will Anyone Respect Your Wishes?

An incredible book that I read in the past year was “Being Mortal: Medicine and What Matters in the End” by Dr. Atul Gawande. The book is a discussion of the state of American medicine as it relates to end-of-life care. Mr. Gawande argues that doctors often cause more suffering to patients by prescribing completely unnecessary procedures at the end of a person’s life.


Read more . . .


Tuesday, March 14, 2017

Update your estate documents – or face unpleasant surprises!

In a recent case that I saw, a woman lived together with a man for approximately 10 years. She loved him very much and wrote a Will, leaving all of her assets to him. They never married.

Eventually, the couple separated. After a couple of years, the woman began dating another man.


Read more . . .


Tuesday, January 3, 2017

Don't live an isolated life (and help seniors in your life to connect)


It's a New Year. People are trying to fulfill their new resolutions about money,  weight loss and projects.

I would suggest a resolution about friends.

It is well known that seniors who are isolated are more likely to be sick and depressed. We all need companions, if only to complain to about our health and current politics.


Read more . . .


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The Law Offices of Katya Sverdlov serves clients throughout Brooklyn, Manhattan, and Queens New York.



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