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.
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.
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.
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 […]
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.
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.
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 An out-of-date estate plan may not achieve your wishes, or be declared invalid by the court.
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