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.

Don't fight over an inheritance

Beneficiary - What Legal Terms in Estate Planning do Non-Lawyers Need to Know?

Posted on: February 14, 2022 | By: David Parker, Esq.
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
Read More
Larry King 's estate goes on.

Why Should I Have a Living Will?

Posted on: February 11, 2022 | By: David Parker, Esq.
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
Read More
What does the surviving spouse get?

How to Avoid Giving Estate to Your Ex

Posted on: February 10, 2022 | By: David Parker, Esq.
State laws generally make it so that once a married couple is divorced, ex-spouses lose all property rights.
Read More
Eddie Van Halen left money to a foundation

CAN YOU DIS INHERIT YOUR CHILDREN?

Posted on: February 9, 2022 | By: David Parker, Esq.
I’ve decided I no longer want to leave my estate to my children. They are ungrateful brats. How can I set things up to give my money to charity when I die?
Read More
What wrong with the Presley estate?

What Is the HEMS Standard?

Posted on: February 8, 2022 | By: David Parker, Esq.
The ‘HEMS’ (health, education, maintenance, support) standard in estate planning is used to guide trustees in how/when they should release funds to a beneficiary.
Read More
A pet trust can care for your pets after your death

Can a Trust Be Created to Protect a Pet?

Posted on: February 5, 2022 | By: David Parker, Esq.
Based on a recent survey by the American Pet Products Association, as of 2020, 70% of households in the U.S. have pets—about 90.5 million households.
Read More
New RMD rules

What Happens to IRAs and 401(k) when Spouse Dies?

Posted on: February 4, 2022 | By: David Parker, Esq.
The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago and the scheduled 50% reduction in the size of the federal estate tax exemption four years from now, has resulted in a renewed interest in estate planning for IRA and 401k accounts owned by married couples.
Read More
The Most Common Myths about COVID Vaccine

Will Moving to a New State Impact My Estate Planning?

Posted on: February 3, 2022 | By: David Parker, Esq.
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
Read More
Big COLA increase in 2023

What’s the First Step in an Estate Plan?

Posted on: February 2, 2022 | By: David Parker, Esq.
For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.
Read More
Estate Planning and Digital Assets

Sucession Planning - How Should I Plan to Sell My Business?

Posted on: January 27, 2022 | By: David Parker, Esq.
According to the Exit Planning Institute of Ohio, recent studies show that over 60% of the current U.S. business market is owned by baby boomers (those born between 1946 and 1964), who are ready to exit or transition their business over the next 10 years.
Read More
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 … 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66
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