Recent Blog Posts
Which Type Of New York Trust Is Best For My Estate?
There are many different potential estate planning documents that a person can use to put their affairs in order. One of the most commonly used is the trust, which is a legal entity designed to hold assets ‘in trust’ for a future beneficiary or beneficiaries. However, what the average person may not know is… Read More »
Incorporating Digital Assets Into Your New York Estate Plan
While no one likes to contemplate the fact, it is the truth that our digital footprints will likely be around long after we have gone. Digital assets have become a bigger and bigger part of many estates, and it is important to plan appropriately for how digital assets may be handled after a person’s… Read More »
Westchester County Asset Protection & Real Estate
In these uncertain times, more people than ever are becoming aware of the need for asset protection. Westchester County residents work hard to ensure their future, and it is understandable that they would want to ensure assets are not taken away via lawsuits or creditors. This can be doubly important when discussing pieces of… Read More »
Giving Gifts Can Affect New York Medicaid Eligibility
For many older people in Westchester County, it can be a source of joy to gift their loved ones assets or cash, particularly if it can improve the lives of the recipients. However, if the older person is in a position where they may need to apply for Medicaid to pay for nursing home… Read More »
Should I Include Long-Term Care Insurance In My New York Estate Plan?
Estate planning is a process that can take years to get 100 percent correct. People’s lives grow and change, with new opportunities and relationships supplanting or replacing the old. However, one thing that will remain constant for the majority of people is the necessity for proper medical care as they age. In order to… Read More »
New York Medicaid Asset Protection Trusts
Today’s uncertain regulatory environment means that more and more people in Putnam County are becoming concerned about long-term care for themselves and loved ones. Medicaid is the federal program that covers the strong majority of people if they require nursing home care toward the end of their lives – but the program is means… Read More »
When Should I Update My New York Will?
A common misconception people in Westchester County have about making a will is that it is a static event, done once, never to be taken out again during one’s lifetime. In reality, a will can be updated whenever the testator (the person whose assets are being disposed of in the will) desires; in some… Read More »
What Is An Advance Directive?
No one likes to think about their final years, but at the same time, having an estate plan is crucial, so that you can ensure your wishes will be honored. One part of an estate plan that often gets overlooked, however – particularly by younger people – is what is known as an advance… Read More »
Talk Show Host Fights To Reclaim Her Rights After ‘Unjust’ Guardianship
Putnam County TV watchers may remember that in 2022, talk show host Wendy Williams was placed under a New York guardianship after her bank manager alleged that she was of “unsound mind.” Williams disputes that claim emphatically, and in recent months, has retained legal counsel to try and get the guardianship lifted. While discrepancies… Read More »
LGBTQ+ Estate Planning In New York
The U.S. Supreme Court legalized same-sex marriage in 2015, in its decision in Obergefell v. Hodges. However, court decisions can be reversed or overruled; if this happens, many LGBTQ+ spouses may find themselves locked out of several legal processes predicated on marriage. Estate planning is a major legal field in which blood relatives are… Read More »