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.

Estate Planning and Digital Assets

What are Digital Assets in an Estate?

Posted on: October 11, 2021 | By: David Parker, Esq.
Today, so many aspects of our lives are managed virtually. We keep currency, photos, music, documents, bills, medical records, artwork and even our social lives online or ‘in the cloud.’
Read More
Firearms and estate planning

How to Make a Few Bucks after Retirement

Posted on: October 8, 2021 | By: David Parker, Esq.
Making ends meet during retirement can be a challenge. However, there are many ways to reduce your expenses without sacrificing your quality of life.
Read More
What doesn't Medicare cover.

What are the Key Documents in Estate Planning?

Posted on: October 7, 2021 | By: David Parker, Esq.
It can be easy to overlook, but an estate plan is essential for nearly everyone, whether you have a lot of money or just a little. An estate plan tells your heirs and the courts how to divide up your assets. However, it also helps protect your loved ones from unnecessary hassle and expense – as well as potentially months, even years, tied up in the court system settling your estate.
Read More
Controlling Heirs from Beyond

Can You Make Heirs Behave from the Grave?

Posted on: October 4, 2021 | By: David Parker, Esq.
There are many stories of strange conditions in wills and trusts over time. For example, the German poet Heinrich ‘Henry’ Heine died in 1856 and left his estate to his wife, Matilda, on the condition that she remarry, so that ‘there will be at least one man to regret my death’.
Read More
Avoiding Guardianship

Should I Keep My Life Insurance Policy?

Posted on: October 1, 2021 | By: David Parker, Esq.
For many, there are potential benefits to continuing a life insurance policy or purchasing certain types in retirement, when it comes to taxes, estate planning and long-term care. Here are some ways to use a life insurance policy that you may not know about.
Read More
5 biggest mistakes for beneficiaries

What’s a Pot Trust ?

Posted on: September 30, 2021 | By: David Parker, Esq.
A pot trust is a type of trust that lists children as beneficiaries, with the trustee using his or her discretion as to how trust assets should be spent. If you have minor children, you might consider setting up a pot trust to meet their financial needs, if something should happen to you. This type of trust allows you to create a single pool of assets to be used for the benefit of multiple children.
Read More
New rules for Hearing Aids .

No Children ? What Happens to My Estate?

Posted on: September 29, 2021 | By: David Parker, Esq.
So, what happens to your estate if you don’t have a will nor any children?
Read More
How does Portability work?

Can You Have Bitcoin in IRA?

Posted on: September 28, 2021 | By: David Parker, Esq.
The cryptocurrency market climbed to more than $2 trillion over the weekend. Investors who want to get in on those gains may want to add those assets to their IRA.
Read More
Does King Chrales pay taxes?

How to Protect an Estate from a Rotten Son-in-Law

Posted on: September 27, 2021 | By: David Parker, Esq.
Whatever the reason, whether your life is a bed of roses or a getting-worse-nightmare, there are things you can do now to insure what you leave will go to who you want. And when. And in what portion or portions.
Read More
How can a Discretionary Trust help me?

Should I Sign a Prenup before I Get Married again at 60?

Posted on: September 26, 2021 | By: David Parker, Esq.
Those marrying at older ages should at least consider a prenuptial agreement, since both spouses may come into a marriage with significant assets, children, or both.
Read More
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 … 23 24 25 26 27 … 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67
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