On behalf of Futterman, Lanza & Pasculli, LLP | May 27, 2020 | Estate Planning
To many residents in New York, an estate plan is something that only old people need, or that only very wealthy people need. Both of these assumptions are quite incorrect. There are many facets to an estate plan that make it important for people of all ages and means...
On behalf of Futterman, Lanza & Pasculli, LLP | May 1, 2020 | Estate Planning
It can be tempting to think of an estate plan as something for the far-off future. A plan that you hope you won’t need for some time. However, it’s important to remember that the financial decisions you make every day affect the assets that will make up that estate...
On behalf of Futterman, Lanza & Pasculli, LLP | Apr 20, 2020 | Elder Law, Estate Planning
Attorneys Jaclyn Kramer and Wayne Carrabus presented a webinar on important topical estate planning and elder law updates. There is a lot of misinformation on social media and this webinar was offered to educate people on how to best protect themselves and their...
On behalf of Futterman, Lanza & Pasculli, LLP | Mar 30, 2020 | Estate Planning
Over the last few decades, the survival rate for cancer patients has improved for many forms of cancer. This, however, does not negate the reality that cancer continues to be the cause of death for many individuals regardless of how long they live after their initial...
On behalf of Futterman, Lanza & Pasculli, LLP | Mar 4, 2020 | Estate Planning
As your parents age, it’s natural to have questions and concerns about their estate plan. And not because of the impact on you, but rather the fact that they could make a mistake or overlook a detail that causes them trouble. Although every person is in a different...
On behalf of Futterman, Lanza & Pasculli, LLP | Feb 25, 2020 | Estate Planning
Preserving a family’s assets generally requires careful planning and preparation to prevent an elderly parent from running out of funds in the future. Adult children may otherwise find themselves dipping into their own savings or retirement plans to provide...
On behalf of Futterman, Lanza & Pasculli, LLP | Feb 5, 2020 | Estate Planning
If you fail to make a Last Will and Testament prior to your death, the laws of New York say that you died intestate. What this means is that New York law will determine not only your heirs, but also how much each of them inherits from you. The New York State Unified...
On behalf of Futterman, Lanza & Pasculli, LLP | Jan 4, 2020 | Estate Planning
A revocable living trust is effective for people who are single, married, blended families and people who have beneficiaries with special needs in New York. Also, with the change in the law, it is effective for same sex couples as well. Basically, what you do is you...
On behalf of Futterman, Lanza & Pasculli, LLP | Jan 4, 2020 | Estate Planning
Many New Yorkers devote a good portion of their lives building wealth and saving a portion of it in a specialized account for retirement. Without comprehensive planning, however, heirs inheriting their retirement plans may find themselves liable for paying unexpected...
On behalf of Futterman, Lanza & Pasculli, LLP | Jan 3, 2020 | Estate Planning
When people think of estate planning, they most often think of a last will that outlines the financial legacy they want to leave behind. There is no question that a last will is an important component of an estate plan, but it is far from the only document a...
