A Tradition Of Caring And Compassionate Representation For Staten Islanders
While you understand the importance of planning your estate and drafting all the documents, you may struggle to discuss your end-of-life desires openly. How do you bring up the matter with your family and friends? AARP offers tips for sharing your estate plans with...
Trusts have become an increasingly useful financial tool for people who want to safely pass their wealth onto the next generation. So-called “conditional” trusts, which impose certain obligations on would-be beneficiaries to receive their funds, are particularly...
A spendthrift trust includes specific provisions regarding how a trustee may use its funds on behalf of the named beneficiaries. As noted by SmartAsset, the trustee may exercise broad discretion to spend money on an heir's expenses so that he or she can maintain a...
Creating an estate plan is one of the most important things you can do to safeguard your future, your assets and your loved ones. A well-written estate plan gives you peace of mind knowing that your wishes will be honored when you pass on, or if you become...
Knowing that you have planned your end-of-life affairs can remove some of the angst of growing older. Naming beneficiaries and having the peace of mind that those you care about will receive your assets can provide satisfaction and comfort. Despite your best efforts,...
Without warning, serious illnesses or injuries may leave people in conditions where they cannot speak or make decisions for themselves. Under such circumstances, important decisions about their medical treatment and care may fall to their loved ones. To help avoid...
You love your parents and only want what’s best for them. Their well-being is of the utmost importance to you. Like most adults, they value their independence, enjoy living on their own in New York and are still able to drive and go grocery shopping and do their...
Most people know that having a will is an important aspect of estate planning. However, not as many people are aware of the healthcare proxy. This document outlines your medical care wishes in the event that you are unable to physically or mentally make those...
Many people fail to realize the importance of early and active estate planning. Some put it off thinking they are too young to need it. Others have estate plans that only include a basic will, with no thought toward what could happen between now and the time they die...
Estate planning typically includes executing a trust, which serves as a separate legal entity to hold properties and assets for its beneficiaries. As reported by Kiplinger's Personal Finance, in addition to real estate, trusts may include financial accounts, cars and...
