Preventing Elder Abuse via Estate Planning
Introduction While abuse comes in many forms, elders are prone to serious problem of financial abuse. Estate planning is a process that can create a comprehensive plan for the elders to plan their assets and finances. If you are an elder, you can even decide whom your assets must go to upon or demise. You... Read More
Understand the Timeframe of Probate in New York
Introduction If you’re wondering whether it takes a long or short time for the probate to last in New York, then you’ll find that the answer is not black and white. In fact, it can take from months to years for the court proceedings of probate to resolve. And the financial burden rests on the... Read More
Avoid the Common Mistakes of Estate Planning
Introduction In Queens, NY, you’d be surprised how many people overlook or put off their estate planning each year. Estate planning can often seem intimidating, and if you have no legal assistance, drafting and maintaining a proper estate plan is bound to be overwhelming. But in 2021, estate planning doesn’t have to be a tumultuous... Read More
A Closer Look at Power of Attorney What You Should and Shouldn’t Do
Introduction Estate planning refers to making all the relevant arrangements to your estate and possessions, whether it’s long-term medical treatment or unexpected departure. Think of estate planning as a way to make sure only the right person gets complete control over your financial (and health) decisions. In Queens, “estate” can include vehicles, land properties, investments,... Read More
The Essence of Estate Planning in Queens, NY
Introduction Estate planning refers to making all the relevant arrangements to your estate and possessions, whether it’s long-term medical treatment or unexpected departure. Think of estate planning as a way to make sure only the right person gets complete control over your financial (and health) decisions. In Queens, “estate” can include vehicles, land properties, investments,... Read More
Post-Pandemic Era: The Only Estate Planning Checklist You Will Need in Queens, NY
Introduction With the roll out of the COVID-19 vaccination, it looks like the world will hopefully get back to normal. With basic social distancing practices still in place – now might just be the perfect time to create and follow an estate planning checklist. From Long Island to Astoria, the need to draft an estate... Read More
What Makes the Power of Attorney Document So Important?
Introduction According to the American Bar Association, people should update their POA documents regularly. A POA or power of attorney is essentially a legal document that leaves an attorney or agent the power to represent another person. It is crucial to understand that the attorney can have limited or broad legal authority to roll out... Read More
Why Planning Ahead is Crucial to Enjoy a Prosperous Future
Introduction In these tumultuous and uncertain times, estate planning should be one of your top priorities. The importance of estate planning ahead of time boils down to one purpose; to ensure that you and your loved ones receive prompt protection. Contrary to misguided misconception, you don’t necessarily need a significant chunk of assets to think... Read More
The Consequences of “DIY” Wills
Wills are an essential way of ensuring that all of your assets are distributed in compliance with your final wishes upon your passing, and yet many people decide not to create one due to the prospective cost. Websites like LegalZoom, Nolo, and Rocket Lawyer market legal document templates to consumers as a cheap, “Do-it-yourself” alternative... Read More
5 Reasons to Create a Revocable Trust
If you are new to the estate planning process, you might need some guidance about what documents are best for your unique situation. A revocable trust can be the solution to a lot of common estate planning concerns as it vastly simplifies the inheritance process. It is created by the grantor and can be changed... Read More