February 2018 Archives

Updating beneficiaries could make estate planning more effective

Knowing the importance of having an estate plan has helped many New York residents get their affairs in order. Estate planning can allow individuals to assess their lives at a particular moment, consider aspects of their futures and determine what details may help them structure their end-of-life wishes. Of course, since planning does initially take place at one moment in life and changes often occur, reviewing and updating plans could help avoid mistakes.

Estate planning could help ensure special needs are met

Parents of children with disabilities know that many joys and struggles can present themselves in their own and their children's lives. Though New York parents may do their best to care for their kids and ensure they live the fullest lives possible, they may forget to plan ahead for a time when the parents are no longer around. However, estate planning could help.

Do you have questions about how to name an executor?

As you grow older or reach certain milestones in your life, you may begin thinking about what the future may hold for you. Going even further, you may think about what the future could bring for your family. Because you undoubtedly want to ensure that they are taken care of in the event of your passing, you may feel that the time has come to create an estate plan.

New York estate planning: It's not just for the wealthy

Having an estate plan in New York used to be considered something for only the very wealthy. This, however, is far from the case. Nearly everyone can benefit from estate planning, and the sooner the process is begun, the better.

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