Camillus, New York, Estate Law Blog
Tips for choosing a child’s guardian
Parents in New York and elsewhere have the right to name a guardian for their children as part of their estate plans. However, there are many issues that individuals should consider when it comes to determining who should raise their sons or daughters. For example, it...
Reasons to consider an advance directive
Patients in New York and throughout the country have a right to decide for themselves if they will undergo surgery or take a medication. However, those who are unconscious or not of sound mind may not be capable to making decisions about their medical treatment. With...
Strategies to pay for long-term care needs
According to the Department of Health and Human Services (HHS), an American who is 65 or older has a 70% chance of eventually needing long-term care. In many cases, New York residents and others will use Medicaid to help defray the cost of going to a nursing home or...
Executing an estate plan
New Yorkers who do not already have an estate plan in place should strongly consider getting one, even if their assets are minimal. Having an estate plan ensures that everything a person owns, including family heirlooms of sentimental value, goes to the intended...
Ensuring a will and other estate planning documents are valid
Estate planning is an important aspect of being fully prepared for the future. New Yorkers who have yet to create a will and other estate planning documents should be aware of the steps necessary to ensure that the document is valid. Failure to follow these...
Avoid these errors in creating a will
When people in New York are writing a will, it is important to ensure that it is prepared correctly and that it does not contradict other elements of the estate plan. A will must pass through the probate process in most cases, but the process is usually faster than if...
More than a will: what goes into an estate plan
When we think estate planning, many immediately go to a will. While your last living will and testament is a huge part of the process, it’s not the only piece that you need in your estate plan. There are several other important documents that you need to establish...
Will having a trust help you avoid probate?
As you begin the estate planning process, you may have concerns about your property passing through probate. This process can drag on for months, if not years. And your beneficiaries may fight and rack up fees that diminish your estate’s value. As an alternative, you...
How a living trust can help you control and preserve your wealth
An estate plan allows you to name the people you wish to inherit your assets after you die, but it should be much more than that. You deserve an estate plan that helps you keep taxes and probate court costs from draining your assets, keeps you control over your most...
When considering an estate plan, avoid procrastination
Many people in New York and across the country may consider themselves skilled procrastinators. They may have the attitude that they can put various matters off until tomorrow or the last minute. In fact, many people think they work better under pressure. However,...
