Blog
A Guide to Taking Care of the Details After the Death of a Loved One
“The death of a loved one imposes cruel demands on the closest survivors.” The truth of that statement from this article in moneywatch.com is known to anybody who has lost a close friend or family member. We’ve written a lot on our blog about going through the probate...
Changes to New York Powers of Attorney May Lead to Changes for All
An interesting article in this week’s Time Magazine online addresses some of the weaknesses in the Durable Power of Attorney (POA) document—especially as regards the elderly—and how New York State is addressing these weaknesses. If New York’s experience with the...
How to Leave Meaningful Mementos to the Next Generation
When clients come into our office to design their estate plans one of their biggest concerns is how to dispose of their tangible personal property. Sometimes clients spend more time determining how to dispose of these personal mementos than they do the big ticket...
Don’t Wait for Congress to Settle the Estate Tax—Better to Take Action Now
Schoolchildren aren’t the only ones putting their noses back to the grindstone after this warm summer and long Labor Day weekend; Congress is also returning to work, and among the many issues they will be discussing is that of the estate tax, which is set to expire...
Should You Talk to Your Kids (Or Your Parents) About Inheritance?
The subject of inheritance is one that most people studiously avoid for a number of different reasons: superstition, fear, lack of knowledge, or—as this article by Gordon Powers points out—they don’t want to appear greedy. Furthermore, many older adults were raised to...
What We Can Learn From the Kennedy Trusts
The recent death of Senator Ted Kennedy has given us an opportunity to reflect on the unique nature of trusts not only as a tool to protect assets for future generations, but also as a way to leave a lasting legacy for your children and grandchildren. The Kennedy...
Do Life Insurance or Retirement Benefits Have to Go Through Probate?
We acquire so many assets over the course of our lives now—bank accounts, stocks, real property, life insurance, retirement, and more—it’s almost impossible to know what has to go through probate and what doesn’t. The answer to the question above is no; life insurance...
Blended Families Bring Unique Challenges for Caregivers
A recent study about how divorce may affect your health has been making the rounds in the news sources lately. This article discusses how the added stress of divorce, family upheaval, and tighter finances can be so detrimental to your health that the effects can last...
4 Goals Your Estate Plan Can Help You Achieve
What is your estate plan all about? Is it about saving your assets from estate tax, or is it about leaving an inheritance for your children? Or is it something even beyond that—providing for your own financial security during your life, thus enabling you to leave a...
When It Comes To Probate, When Do I Need A Lawyer?
For a subject with which everybody is at least peripherally familiar, probate can turn confusing and frightening when you are forced to become intimately acquainted with it. As a beneficiary, probate can be lengthy, expensive and frustrating; but if you have been...
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