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Estate Planning and Elder Law Blog

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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.

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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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 An out-of-date estate plan may not achieve your wishes, or be declared invalid by the court.
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New City Estate Planning Attorney working with couple to create will

The Implications of Dying Without a Will in New York

Posted on: September 11, 2023 | By: David Parker, Esq.
Dying intestate can have unintended consequences for pretty much every family type. However, it is especially painful if there are unmarried partners or stepchildren, who are left out under the law in almost every scenario.
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Make a will month

August is National Make-A-Will Month

Posted on: August 15, 2023 | By: David Parker, Esq.
A well-crafted estate plan can achieve security, peace of mind for loved ones, and impact for your favorite charities.
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college kid and legal documents

Is Your Kid off to College? Don't Forget These Legal Documents

Posted on: July 25, 2023 | By: David Parker, Esq.
Many things change from a legal standpoint once kids become independent adults and head off to college. Review the checklist below to prepare your kid for life's next journey.
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Creating a legacy of caring

How Grandfathers and Senior Dads Leave a Legacy of Caring for Their Families

Posted on: June 13, 2023 | By: David Parker, Esq.
Congratulations, Dad. You’ve raised your children, who now have children of their own. Despite all the obstacles of recent years, the family is thriving. You feel good about how you’ve led your life and are hopeful about the years ahead. The next thing on your agenda: creating a legacy of caring for your family. This […]
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Protecting Inheritances in a Blended Family

Protecting Inheritances in a Blended Family

Posted on: June 7, 2023 | By: David Parker, Esq.
As divorce and second marriages become increasingly common, more people find themselves raising children who are not biologically their own. Estate planning for blended families should address this unique situation.
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National Healthcare Decisions Day

National Healthcare Decisions Day

Posted on: April 15, 2023 | By: David Parker, Esq.
National Healthcare Decisions Day is April 16.  Sponsor of The Conversation Project, The Institute for Healthcare Improvement uses this date to remind the public of the importance of having conversations and documenting our healthcare wishes for the future. Advance care planning or an advance directive is a legal document that states a person’s preferences for […]
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What Causes Ringing in My Ears?

Posted on: March 24, 2023 | By: David Parker, Esq.
Tinnitus is common; as many as 30 million Americans have the condition. Of this 30 million, 20% report that they are disabled by it.
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