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Albany Legal Blog

what is a health care proxy
Estate Planning

What is a Health Care Proxy?

Living 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, “What is

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

What is Power of Attorney?

Who would take over your finances and health care decisions if you could not due to medical reasons? While most people do not want to think about incapacity planning or a power of attorney agent, it is a question that answers can be helpful to families during unexpected and stressful

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Benefits of Estate Planning

The biggest estate planning mistake you can make is not having one. If you 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, your estate planning beneficiaries,

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estate plan review
Estate Planning

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. When You Need Estate Plan Review Protect your loved ones

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incapacity planning
Estate Planning

Incapacity Planning

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 go about

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power of attorney agent
Estate Planning

Power of Attorney Agent

Appointing a power of attorney agent is one of the many benefits of estate planning. A power of attorney can protect you and your estate if you cannot make decisions for yourself. It is a handy tool, but in the wrong hands, it can be dangerous. You should be careful when

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estate planning mistakes
Estate Planning

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–your estate planning beneficiaries. Are you

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Estate Plan Beneficiaries
Estate Planning

Estate Planning 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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new york estate tax
Estate Planning

Estate Tax in New York

As you get deeper and deeper into the estate planning process in New York, you begin to recognize opportunities to settle your pending liabilities and avoid any unnecessary expenses against your estate (thus preserving even more assets for your estate planning beneficiaries). Yet one potential expense hangs over your estate

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Can I Buy a House and Put It In My Child's Name?
Estate Planning

Can I Buy a House and Put It In My Child’s Name?

One of the main goals of New York estate planning is to avoid probate as much as possible. Probate is not only a very public mechanism but can also be expensive and take a long time. Some think putting their adult child’s name on the deed to their home is

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simple will
Estate Planning

Simple Will: What is it?

If the idea of crafting a will seems extremely daunting, you are not alone. Many people hesitate to start the estate planning process because it seems like it will be a big, complicated affair. However, this is not necessarily the case, and in certain circumstances, having a simple will is

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