There’s a new verb in town: Venmo. As in, “If you pick up the lunch check, I’ll Venmo you my half.”
Venmo is one of the most popular ways to digitally send money to a friend or even shop with. It’s a free app that you download to your smart phone and link a bank account to. Add your Continue reading
Some estate planning attorneys may offer a free consultation. But we think that our fee-based consultation is a better use of everyone’s time. A meaningful consultation is a substantial investment of preparation time both on the part of the client and attorney. This type of meeting Continue reading
One of the biggest assets most people have is their home. As such, when people choose to engage in estate planning, one of their main concerns is what is the best way to pass on real estate. There are multiple ways to pass real estate to heirs in New York, and which one is most suitable Continue reading
When people think of estate planning, they usually think of using tools to pass along things like bank and retirement account funds and homes. Estate planning can also be used to define what should happen to other important assets, like family heirlooms. There are numerous ways to Continue reading
Many people have the forethought to plan for the eventual decline or passing and draft wills or create trusts. While estate planning typically helps avoid confusion and discord in the future, mistakes made during the process of executing wills and revocable living trusts can actually Continue reading
Few things are as exciting as preparing to go off to college. While most college students are legally adults, they still need guidance on many important issues, such as how to manage their health and finances. While parents generally want what is best for their children, they do not Continue reading
Everyone is a potential victim for a scammer, but sadly the aging population is a favorite target. In fact, the Federal Communications Commission has a whole webpage devoted to “Watch Out for Grandparent Scams.” The more you know about scams, the less likely you are to become a victim. Continue reading
A joint account provides each account owner with the right to deposit funds, withdraw funds, and otherwise manage the account. Some senior parents open a joint account with an adult child as an easy solution to both get some help with finances and pass money along to that child upon Continue reading
Charitable planning is a way to support a favorite cause or a particular charity that means something to you as part of your estate plan. Charitable planning comes under the same laws that address trusts and wills, which are complex. But by working with an experienced attorney, you Continue reading
In short, the answer is yes. But often not in the traditional “I hereby bequest . . . “ sense. Most 18-year-olds don’t have much in the way of assets quite yet. But their health and health care decisions are paramount. And financial decision-making Continue reading
