Why Your Children’s Inheritance Belongs in a Trust, Not in Their Marriage
Why Your Children’s Inheritance Belongs in a Trust, Not in Their Marriage
When parents think about leaving money to children, they usually...
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When Dementia Care Costs More Than a Family Can Afford (The Reality Most Families Don’t See Coming)
“I was just asked to create a Power of Attorney and a Health Care proxy for a man's long term partner of 30 years. Despite a long term relationship, they were not legally married. The partner was recently transferred to a nursing home after a hospital stay, and my client wanted to...
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Planning for Aging Parents: 6 Important Things Every Family Should Know
Planning for Aging Parents: 6 Important Things Every Family Should Know (And Why Waiting “Until Later” Can Create Major Problems)
Most adult children assume there...
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Is Your Business Protected If Something Happens to You?
"Is Your Business Protected If Something Happens to You?" with Katra Sverdlov
Is Your Business Protected If Something Happens to You? Continue reading…
What to Do When Your Parent Suddenly Enters Rehab or A Nursing Home: 7 Smart Steps (and 1 Critical Mistake to Avoid)
When a Parent Is Suddenly Admitted to Rehab or a Nursing Home
What to Do When Your Parent Suddenly Enters Rehab or A Nursing Home: 7 Smart Steps (and 1 Critical Mistake to Avoid) Continue reading…
What to Do When Someone “Steals” Your Inheritance
What You Need to Know About Inheritance Disputes in New York
When Something Doesn’t Feel Right
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Why You Need an Elder Law Attorney in New York: 10 Crucial Reasons
As our population ages, the need for specialized legal assistance becomes increasingly apparent. In New York, where the cost of care and complex laws can be overwhelming, an elder law attorney can be an invaluable asset. Here are ten compelling reasons why you or your loved ones might need an elder law...
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Who Pays the Bills? Understanding Estate Expenses in New York
In New York State, the expenses of the estate during the administration process are typically paid from the estate's assets, not from the personal funds of the executor or administrator. These expenses include things like:
Funeral expenses – Often paid early in the process to settle the decedent's...
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Your Right to an Elective Share: A Guide for Disinherited Spouses in New York
In New York State, if a surviving spouse is "disinherited" (i.e., not provided for in a decedent’s will), they have the option to claim an elective share of the decedent's estate. This legal right allows a spouse to receive a portion of the estate, even if the decedent's will does not provide for them....
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Countdown to 2025: 6 Year-End Gift, Estate and Financial Strategies
As we approach the end of 2024, it's crucial to review your estate and tax planning strategies to ensure you're maximizing your financial benefits. Here are some key areas to focus on:
1. Health Savings Account (HSA)
If eligible, maximize contributions...
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