The Ultimate Guide To Probate Process-Law
What is probate? After your death, your family or estate may be required to go through the probate procedure. It is a legal process in which the court distributes your property to your heirs. The procedures will be more straightforward if you have a will or a living...
Charitable Trust vs. Foundation: Key Differences – A Comprehensive Guide
A trust allows you to delegate the management of your assets to a third party on behalf of your beneficiaries. A foundation is a legal entity similar to a company, but trusts are legal relationships between the settlors, trustees, and beneficiaries. As a result,...
Ultimate Guide for Elder Law and Medicaid Planning
At some point, around 70% of people who are 65 years or older will need home care support or long-term care and receive care for an average of three years. People should plan early for their home care support based on this fact. Unfortunately, most people cannot cover...
Eight Things To Know To Ensure Your New York Power of Attorney Works
Eight things you should know to ensure your New York Power of Attorney works when you need it Many clients come to our office wanting to create a will or a trust to take care of their financial affairs when they pass away. It is my job to remind them that an estate...
Protect your Children During COVID19 by Designating Standby Guardianship (for NY parents)
As Coronavirus spreads throughout the world, it is no longer a remote possibility that both parents can become sick and require quarantine from their children until well. It is important to designate someone who can take care of one’s children in case of emergency,...
GDPR-10 Fundamentals you MUST know before the deadline
This Friday on May 25th, a new EU privacy law, the General Data Protection Regulation (GDPR) comes into effect. You might already know about it because your inbox has been flooded with Privacy Policy updates from big companies trying to comply with the law. GDPR is...