Informative Masterclass
How to Protect your Family’s Assets and Leave a Lasting Legacy
Save Your Spot Now!

White Plains & New City, New York Estate Planning & Elder Law Firm

Estate Planning and Elder Law Blog

Sort by Category:

Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Teeth and senior health

Can Life Insurance Help Estate Planning for Women?

Posted on: June 9, 2022 | By: David Parker, Esq.
Women are receiving increased recognition for the critical roles they serve in society. This increased recognition leads to greater awareness of women’s financial challenges and the financial industry’s solutions to those challenges.
Read More
How does Portability work?

Is a Roth Conversion a Good Idea when the Market Is Down?

Posted on: June 6, 2022 | By: David Parker, Esq.
Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. However, there may be a bright spot: the chance to save money on a Roth conversion.
Read More
New rules for Hearing Aids .

Why Have a Joint Revocable Trust?

Posted on: May 31, 2022 | By: David Parker, Esq.
Establishing a joint revocable trust can be an ideal estate planning tool for the benefit of your children, grandchildren and beyond.
Read More
What doesn't Medicare cover.

Should I have Revocable Living Trust in Estate Plan?

Posted on: May 26, 2022 | By: David Parker, Esq.
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries. It can also significantly reduce the headaches of probate. However, while some assets belong in a trust, others cannot (or should not) go into one.
Read More
When shopping for funeral services, be wary.

Does ‘Gray Divorce’ Fit into Estate Planning?

Posted on: May 25, 2022 | By: David Parker, Esq.
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
Read More
What about a second beneficiary ?

Does Surviving Spouse Get Their Social Security Benefits?

Posted on: May 24, 2022 | By: David Parker, Esq.
When you’re gone, your spouse’s income will take a major hit–one that can be worsened significantly, if you make the wrong decision about when to claim.
Read More
Firearms and estate planning

Does Power of Attorney Perform the Same Way in Every State?

Posted on: May 23, 2022 | By: David Parker, Esq.
The law sometimes appears to contradict itself. Specifically, the words ‘anything and everything’ do not always legally mean ‘anything and everything’.
Read More
What was in Ray Liotta 's Will

Did Monkee Mike Nesmith Have More Than One Will?

Posted on: May 19, 2022 | By: David Parker, Esq.
There was more than one will written by musician and music video pioneer Michael Nesmith, who came to fame in the 1960s as one of The Monkees rock group and died at his Carmel Valley home on Dec. 10, 2021.
Read More
Can a BDIT save you on taxes?

Should I have a Pour-Over Will ?

Posted on: May 18, 2022 | By: David Parker, Esq.
What is a pour-over will?
Read More
New IRS portability rules

Can a Family LLC Reduce Estate Taxes?

Posted on: May 16, 2022 | By: David Parker, Esq.
These vehicles let a family manage multiple interests, preserve parental control and protect assets from claims of creditors and divorcing spouses, among other benefits.
Read More
Stay Informed
Subscribe To Our FREE Estate Planning, Probate and Elder Law Newsletter

Book Your Free Initial Consultation With Parker Law Firm Today
Get Started Now

The 15 minute initial phone call is designed as a simple way for you to get to know us, and for our team to learn more about your unique estate planning needs.

Book an Initial Call
Book A Call With Parker Law Firm
Parker Law Firm
White Plains Location

222 Bloomingdale Rd #301,
White Plains, NY 10605

New City Location

120 North Main Street, Suite 203,
New City, NY 10956

IMS - Estate Planning and Elder Law Practice Growth Advisors
Powered by
crosschevron-rightcross-circle