New York's Health Care Proxy Law allows you to name an individual to act as your 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...
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 mistakes should you look out for? Kiplinger offers tips for avoiding estate planning landmines. Learn from others' slip-ups rather than make your own. ...
An overlooked reason to create an estate plan
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,...
Will you owe estate taxes?
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 beneficiaries). Yet one...