As a New York resident, you dedicate yourself to the creation and maintenance of your estate. Your estate plan should hold equal importance, especially as it is crucial for your loved ones. Thus, you need to start off with a strong foundation. This means selecting an...
Preserving & Protecting Your Family’s Assets & Legacy
Year: 2020
The potential effects of the Secure Act on your retirement plans
The year 2020 presented financial challenges for people all across America. This year, even the wealthy had to reconsider how they managed their money. The Secure Act made changes to how IRAs worked and how they interacted with trusts. CNBC explained that see-through...
Verdict & Settlement Highlight – Barrie E. Bazarsky
Barrie E. Bazarsky was recently highlighted for her work in the New York Law Journal in a recent personal injury case. Barrie Bazarsky’s client was the operator of car #1 in a four-car accident. Property damage to his vehicle was under $1,000. Despite that, his...
Can we protect seniors from financial abuse?
Most seniors spend the majority of their adult lives in school and working so they can retire comfortably. Unfortunately, health deteriorates as people get older. In some cases, your loved ones may lose autonomy over finances and other key aspects of their lives. The...
What should I include in my advance health care directives?
When drafting your advance directives, you may look over pre-made documents that most people use. You may also receive a lot of advice from religious leaders or your doctor on what you can include. However, you have no obligation to tackle every medical issue that may...
Talk to your parent about their estate plan before it’s too late
As parents get older, there is often a shift from them taking care of their children to their children taking care of them. If this is an arrangement you suspect could be in your future, you may need to have some uncomfortable conversations with them. For instance,...
Grandchildren and your estate plan
If you are preparing to set up an estate plan, or you already have a plan in place, there are various factors you need to think about if you have grandkids. For example, many grandparents have to make difficult decisions regarding the distribution of their estate's...
What is a lookback period?
When your parents get older and need more care, you likely will begin investigating how much it costs to live in an assisted-living facility or nursing home in New York. Very quickly, you’ll realize your parents’ nest egg may not cover the high costs. A month in a...
5 reasons why every new parent needs a will
When you are expecting a child, you know your life is about to face a major adjustment. You’ve been preparing for months: setting up a crib and nursery, reading books about caring for a newborn and stocking up on essential baby supplies. But there’s another important...
Key considerations when drafting a living will
No one wants to think about medical emergencies, but there are certain situations in which you may not be able to make your wishes known with regard to the medical care you receive. A living will is a powerful estate planning tool that allows you to outline your...
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