4 Ways to Help an Aging Parent with Estate Planning

4 Ways to Help an Aging Parent with Estate Planning

Did you realize that more than half of Americans either lack an estate plan, or have one that is out-of-date? That is taking an enormous, and unnecessary, risk. Why? The reason is simple. If you do not decide how to protect and pass on your wealth, then the state can, and your loved ones may not like it. How do we...
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How Could the Secure Act Impact Your IRA-based Estate Planning?

How Could the Secure Act Impact Your IRA-based Estate Planning?

Did you know that bequeathing Individual Retirement Accounts (IRAs) is becoming more prevalent? This may be because the Baby Boomer generation is the first generation that has created retirement wealth in IRAs. The proposed SECURE Act, however, may require the IRA owner to make some changes to his or her IRA estate...
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Do I Need An Estate Planning or An Elder Law Attorney?

Do I Need An Estate Planning or An Elder Law Attorney?

Often, when clients come to us, one of the first questions they ask is “What is the difference between Estate Planning and Elder Law?” While this question may seem simple, whether a client needs Estate Planning or Elder Law, legal services depends greatly on each client’s unique set of circumstances. To help you make...
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Ancillary Probate Tips for Planning Your Estate

Ancillary Probate Tips for Planning Your Estate

You might be concerned that a vacation home or other property you own out of state will be hard to distribute to your heirs.  Alongside the probate in your home state, another, ancillary, probate court process might need to occur. Ancillary probate can present some challenges.  As you plan ahead, these are a few...
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Protect Your Estate With Qualified “Gray Divorce” Planning

Protect Your Estate With Qualified “Gray Divorce” Planning

Gray Divorce continues to be on the rise in America. A so-called “Gray Divorce” occurs when couples over the age of fifty, including many senior couples, agree to end their marriages later in life. Sadly, Gray Divorce numbers have been steadily increasing for the past several decades, and they come with their own...
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Planning for the Rising Costs of Long-Term Care

Planning for the Rising Costs of Long-Term Care

The cost of long-term care continues to rise each year. In states across the nation, we have seen increases over the last five years of well over ten to twenty percent in the healthcare industry serving our Older Americans. These costs have risen in a number of areas for Older Americans including, but not limited to,...
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Is It Time To Update Your Estate Plan in the New Year?

Is It Time To Update Your Estate Plan in the New Year?

Developing a comprehensive estate plan is one of the most important things someone can do. The decision to create an estate plan is critical, regardless of the amount of assets that they wish to leave behind to loved ones or other designated beneficiaries. What many people do not realize, however, is that you have to...
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New York Estate Planning You Need When You Have Minor Children

New York Estate Planning You Need When You Have Minor Children

Ensuring your children are happy, healthy, and well-taken care of is a fundamental role of parenting. Another part of that role is choosing a guardian to care for your children in the event of your death. As challenging as it can be to consider a time when you are no longer here to support your children, leaving...
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