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What should you update in your estate plan
Estate Planning

Estate Plan Updates

While creating an estate plan is crucial for protecting you and your family, they do require updating from time to time. Different components of your estate plan must change according to your life, or they might no longer match your wishes. Estate plan updates don’t have to be difficult Here

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Do you need a health care proxy
Estate Planning

Do I Need a Health Care Proxy?

If you live in New York, you should know about the state’s Health Care Proxy Law. Under this law, you can appoint a trusted person such as a friend or family member to make health care decisions on your behalf if you can no longer do so. If you’re wondering,

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What are some things not covered by a will
Estate Planning

What Are Some Things Not Covered By a Will?

Sound estate planning may help you pass your estate to your children or anyone you want to inherit from you following your death. A last will and testament is an excellent place to start your estate plans. However, a will might not cover everything you own. A court may rule

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What are powers of attorney and how do I use them
Estate Planning

What is a Power of Attorney, and How is it Used?

Who would take over your finances and health care decisions if you were unable to due to medical reasons? While most people do not want to think about this kind of thing, it is a question that answering can be helpful to families during unexpected and stressful life events. It

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Updating Your Estate Planning Documents in Case of Serious Injury

If you recently experienced a medical emergency as a result of a vehicular accident, you may find yourself mentally assessing your estate planning documents. Updating your estate planning documents in case of serious injury is something that every family should consider. The National Highway Traffic Safety Administration states that there

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5 Estate Planning Benefits

If you should die without a will, your estate will go through probate creating unnecessary legal and financial issues for your family. However, by creating an estate plan, you can ensure that your loved ones, including your pets, are cared for after your death. Here are five estate planning benefits

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estate plan review
Estate Planning

Life Changes That Call for an Estate Plan Review

Estate planning is a task people tend to put off. However, once your will and other estate documents are in place, you may not think about them again for a long time.  Major life changes should trigger an estate plan review. Protect your loved ones by keeping the information current.  Update

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plan for incapacitation
Estate Planning

How to Plan for Incapacitation

Degenerative neurological conditions, traumatic brain injuries, and other medical conditions can all damage your mental faculties. You hope that this will never happen, but if it does, you may no longer have the capacity to make your own decisions regarding health care and finances. So, how does one plan for

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AGENT FOR YOUR POWER OF ATTORNEY
Estate Planning

Choosing the Agent for Your Power of Attorney

A power of attorney can protect you and your estate if you become unable to make decisions for yourself. It is a handy tool, but in the wrong hands, it can be dangerous. You should be careful and cautious when choosing the agent for your power of attorney. Knowing what you’re giving the

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reasons for creating a health care directive
Estate Planning

Reasons for Creating a Health Care Directive

New York’s Health Care Proxy Law allows you to name an individual to act as your health care proxy if you become severely ill or incapacitated. By creating a health care directive, you may leave written instructions for your chosen agent to follow if you do not have the ability

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estate planning mistakes
Estate Planning

Do You Know to Avoid These Estate Planning Mistakes?

You feel ready to plan your estate, but you have a lot to learn to create a thorough strategy. For instance, what estate planning mistakes should you look out for?  Estate planning helps you take care of your family members and loved ones after your death. Are you familiar with

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Estate Plan Beneficiaries
Estate Planning

Estate Plan Beneficiaries

If you are on the fence about creating an estate plan, consider: Is there someone you do not want to benefit from your death? Chances are, there is someone that you prefer not to get your hard-earned money. However, if this person is a relative by blood or marriage, there is

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