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Digital asset protection with White Plains estate planning

Digital Assets - How Do I Prepare a Digital Estate Plan?

Posted on: December 10, 2024 | By: David Parker, Esq.
Digital estate planning is crucial to protecting your legacy and ensuring that your loved ones aren’t left with a digital mess.
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Part of Cortlandt New York Estate Planning is updating insurance when your home is transferred to a trust

When You Transfer Your House to a Trust, Notify Your Insurance Provider

Posted on: November 18, 2024 | By: David Parker, Esq.
Transferring your home to a trust can offer significant estate planning benefits, but it’s crucial to update your homeowners insurance. Without notifying your insurance provider, claims may be denied or limited. Learn how to protect both your property and your trust with proper coverage adjustments.
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Learn about what happens to a revocable trust in White Plains when one spouse dies

What Happens to a Revocable Trust When One Spouse Dies?

Posted on: October 25, 2024 | By: David Parker, Esq.
Revocable trusts ensure seamless asset management and distribution after death, providing flexibility for couples and individuals. Learn how a revocable trust operates when a spouse dies and the crucial role of successor trustees in estate planning.
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Single people will benefit from creating a trust with an estate planning attorney in white plains

Estate Planning for Single People: Why Trusts Are Better than Wills

Posted on: October 18, 2024 | By: David Parker, Esq.
Single individuals, especially those over 50, should prioritize estate planning to protect their assets and ensure healthcare decisions align with their wishes. Trusts offer greater privacy, flexibility, and protection than wills, helping avoid probate and family disputes.
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New City NY Elder Law

Medicaid Planning: Safeguarding Your Assets with Irrevocable Trusts

Posted on: August 23, 2024 | By: David Parker, Esq.
Explore the pros and cons of using irrevocable trusts for Medicaid planning—secure assets while navigating complex eligibility rules.
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Transfer on death deeds new law in new york

Transfer on Death Deeds Law Enacted in New York

Posted on: August 21, 2024 | By: David Parker, Esq.
Learn about the advantages and disadvantages of the new Transfer on Death (TOD) deeds law in New York and how careful estate planning is a better choice to protect property.
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Benefits of small estate probate

Benefits of Small Estate Probate

Posted on: July 18, 2024 | By: David Parker, Esq.
Small estate probate streamlines asset distribution, saving time and money. Larger estates can qualify through strategic planning and asset exclusions. Early preparation with a knowledgeable attorney can maximize benefits and simplify the process for New York residents.
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A family packed for the beach learning about the importance of legal planning for summer vacation

Going on Vacation this Summer? Have These Legal Documents in Place First

Posted on: June 21, 2024 | By: David Parker, Esq.
It’s summer – a time when New Yorkers gear up for vacation and eagerly anticipate a break from the daily grind. However, amidst the excitement, it's crucial to consider an often-overlooked aspect of travel preparation: estate planning. Having the right legal documents in place ensures peace of mind while you're away.
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Medicaid Nursing Home Planning

Risks of Transferring Your Home Ownership or Adding a Child to the Deed

Posted on: May 30, 2024 | By: David Parker, Esq.
For families in the Hudson Valley, understanding the risks of transferring home ownership or adding a child to a deed is essential for making informed, secure decisions about elder care and asset protection.
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New York estate tax

Estate Planning Strategies in New York: Estate and Inheritance Tax

Posted on: April 26, 2024 | By: David Parker, Esq.
This article explains estate and inheritance tax and how estate planning strategies can help reduce taxes.
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