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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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Stethoscope and red heart left image Young adult on a blue phone right image depicting health care proxy for young adults.

Off to College or Traveling? Why Young Adults Need a Health Care Proxy or Advance Directives

Posted on: March 27, 2024 | By: David Parker, Esq.
Many young adult New Yorkers plan to travel in the U.S. or abroad during spring break and summer months. Most travelers do not pack a health care proxy or power of attorney (POA) to assign another person as a medical advocate if they are incapacitated. But they should. Healthcare proxies or medical POAs are a […]
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Why a Will is Not Enough to Avoid Probate in New York

Why a Will Alone is Not Enough to Avoid Probate in New York

Posted on: February 8, 2024 | By: David Parker, Esq.
Learn why a will alone cannot avoid probate, protect against incapacity, or shield your assets from creditors and legal issues.
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A couple learning about a New York a power of attorney

What Is a Power of Attorney, Why Do You Need One, and How Does it Work in New York?

Posted on: January 4, 2024 | By: David Parker, Esq.
Contrary to common belief, family members like your spouse or children do not inherently possess the authority to act on your behalf. A power of attorney is a legal document that empowers an individual to appoint an agent to act or make decisions on their behalf when unable to do so.
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Estate Planning in New York is for Any Stage of Life Starting at 18

Estate Planning in New York is for Any Stage of Life Starting at 18

Posted on: December 1, 2023 | By: David Parker, Esq.
Once you turn 18, estate planning is important for any stage of life from young adulthood to retirement and old age to protect you and your assets.
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Family gathering at the holidays considering how they will be Paying for Nursing Home Costs

Paying for Nursing Home Costs: A Guide to Medicare, Medicaid and More

Posted on: November 20, 2023 | By: David Parker, Esq.
Navigating the myriad of ways to pay for nursing home care can be overwhelming. However, with a clear understanding of nursing home costs and the options available, it becomes manageable.
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Older couple learning about when should you update your will

When to Update Your Will: 8 Reasons You May Need to Revisit Your Estate Plan

Posted on: October 13, 2023 | By: David Parker, Esq.
If you don’t remember when you last reviewed your estate plan, then chances are it’s time for a review. Over the years, wishes, relationships and circumstances change. An out-of-date estate plan may not achieve your wishes, or be declared invalid by the court.
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