When people hear about others getting help from the best estate planning attorney New York City has to offer, they often assume that the individual is dealing with a large amount of wealth. However, that’s not always the case. Today, the term “estate” conjures up images of sprawling properties housing luxurious mansions full of opulent…
How to Pay for Assisted Living: A Comprehensive Guide
Making the decision to move to an assisted living community can be a much-needed change and a new chapter in your parent’s life. It’s also expensive, with a national median cost of more than $4,000 a month. Many families are disappointed to learn assisted living isn’t fully covered by Medicare, as they may not have…
What Happens If I Don’t Have an Estate Plan?
Having an estate plan means creating directives that determine what happens to your assets and accounts upon your passing, but what happens if you don’t have an estate plan? Who takes care of your property and accounts after you die if you don’t have a will or other documents and directives in place? Navigate the…
Requirements to Prove You No Longer Need to Be Under a Guardianship
When someone can no longer care for themselves in terms of making sound decisions for their well-being, a court may assign that person a legal guardian. This assignment requires the guardian to act in the best interest of the person being guarded, and these responsibilities are often financial in nature. Empower your family’s well-being –…
What is a Medicaid Asset Protection Trust?
Medicaid is a life-changing program that allows low-income individuals to get the care they need. With healthcare costs being so high, it’s a necessity. Medicaid can also make getting elderly care more manageable, ensuring that people can live comfortably regardless of age. Despite all the good that comes with Medicaid, there are also many limitations.…
Steps to Creating an Estate Plan
In the eyes of the law, your estate is defined as all of your belongings and accounts, including credits and debts, that are left behind after you die. Upon your passing, the executor of your estate will need to process your will to ensure that your estate is settled. This means transferring assets and accounts…
What is a Bequest?
No one wants to think about their ultimate demise. But when it comes to estate and wealth planning, it’s a reality you must face early. Failing to prepare can leave your assets in limbo, forcing your family to battle it out in court to determine who gets what. To know more about how to leave…
7 Ways for Caregivers to Reduce Stress During the Holidays
The holiday season is upon us and this time of year often brings with it the joy of holiday decorating, the giving and receiving of gifts, and big family get-togethers complete with large sit-down meals read more
Guide to Custom Creating a Business Plan
Starting your own business can be an exciting experience, but to be successful, you need a solid business plan. Your business plan sets the foundation for your business’s future, and it also helps you to keep track of where you are in meeting your goals. Additionally, your business plan provides a foundation upon which to…
What are Advance Directives?
Dealing with end-of-life matters is not something people want to consider as they live in the moment. But confronting the unknown can help you prepare for the worst-case scenario, ensuring you get the care you want and that your family isn’t left to make tough decisions. Visit this website if you need an elder law…