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...
Preserving & Protecting Your Family’s Assets & Legacy
Month: November 2020
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...
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