Category Archives: Estate Planning
A Letter Of Intent Can Help Your Estate Plan
For most people in Putnam County, a Last Will & Testament is a foundational document in their estate plan. A will expresses the testator’s preferences with regard to the disposition of their possessions. However, there are little details and statements that do not fit into the text of a will or other legal document… Read More »
Writing Your New York Will 101
No one wants to think about estate planning until it becomes necessary. However, it can provide legitimate peace of mind to those in Putnam County who have assets to distribute after their passing. A will can be drawn up for any adult but many people get intimidated in trying to execute one. The right… Read More »
New York Estate Planning And Second Marriages
In this day and age, so-called “gray divorce,” where elderly people go their separate ways, is becoming more common. As a result, second marriages are becoming more common in Westchester County than they used to be as well. While any competent single adult may marry, far too many fail to take their estate planning… Read More »
Don’t Use AI For New York Estate Planning
Many people in Westchester County have fallen in love with artificial intelligence tools like ChatGPT, using them to increase productivity and potentially save time in their day. There are even more specialized AI tools, designed to answer questions and perform tasks in specific areas of expertise. There are even AI bots that advertise as… Read More »
Options In A Medicaid Planning Crisis
Medicaid is a program intended to help those who cannot cover healthcare costs, as long as they meet certain criteria. Most people in Putnam County who reach a certain age (and indeed, some younger) make a plan so they can benefit from Medicaid care as they get older. However, it is sadly not uncommon… Read More »
Crafting A Healthcare Proxy In New York
A healthcare proxy is a document naming a chosen person, who then has authority to act for you if you lose the ability to communicate your wishes when it comes to healthcare. While these are most useful for people who are older or who have chronic conditions, anyone in Putnam County may benefit from… Read More »
How To Avoid New York Estate Planning Issues
Not many people enjoy the act of planning their estate, but it is an important endeavor, particularly if a person has a large circle of family and friends. Unfortunately, far too many people attempt to plan their own estate, without legal help, and too often it results in their beneficiaries being entangled in a… Read More »
What Can’t You Put In Your New York Will?
A Last Will & Testament is one of the foundational documents of estate planning. Every person in our practice areas (Westchester County and Putnam County) should have a will in place before their passing. This will help ensure that your assets and debts are handled in the manner you deem best. However, this does… Read More »
Estate Planning Can Benefit Younger Adults
Most people under the age of 60 do not think about planning their estate very often, if at all. They tend to see it as something to address in the future – but there are several reasons why estate planning is a good thing for younger adults to invest in at a relatively early… Read More »
Important Issues In New York Medicaid Planning
When one is planning their estate in Westchester County or Putnam County, one of the first things to address is what role, if any, that Medicaid will play in your long-term care plans. Medicaid is a federal program administered by each of the individual states, and if you worry about your health needs being… Read More »