Camillus, New York, Estate Law Blog
Who will look after your child if you die?
Expecting a child is an exciting and emotional time. The nursery may be ready for the new arrival, and you may eagerly be anticipating your child’s major milestones -- the first steps, first words, first day of school and more. However, one event that may not be on...
Help Your Parents Retire with a Charitable Remainder Trust
As your parents age, they will start to transition out of the workforce and into retirement. Most people in the Baby Boomer generation have worked years to get to this point, building comprehensive estate plans to fund their twilight years and provide for their heirs....
3 Advantages Of Having A Trust
By now you know that estate planning is essential. A secure estate plan protects your legacy and can give you and your family peace of mind. But smart, thoughtful estate planning can also save your family time, money and stress. If you take the right steps, your...
What are the roles and responsibilities of a trustee?
Establishing an estate plan is essential for residents in New York and elsewhere. Depending on the documents included in the plan, one may have to make decisions beyond who gets one at the time of his or her death. When a trust is established, one needs to appoint a...
Estate planning may not just involve a will.
While many people begin their estate planning journey with a will, a comprehensive estate plan may involve many different documents. What documents should you consider when creating your estate plan? Wills address all property solely in your name at your passing. The...
How can you be sure an aging loved one’s wishes are respected?
The number of older Americans has skyrocketed in recent years. There are few signs it is slowing down. By 2030, one in every five Americans will be age 65 or above. It won’t be long until individuals in this age bracket outnumber children for the first time in U.S....
What does the Medicaid look-back period mean for my parents?
Caring for your parents as they age can be a terrifying prospect, and the costs of long-term professional options may do little to ease your concerns. Medicaid could offer a lot of help in this area, but qualifying can be a headache in itself. A private room in a care...
Tips for talking to your parents about their estate plan
It can be uncomfortable to talk to a parent about what will happen when they are gone. However, if a parent becomes incapacitated or passes away before you have these discussions, you could be dealing with unanswered questions, a complicated legal process and...
Do Young Parents Need A Will?
One of the most common misconceptions about wills and estate planning is that you only need to think about it once you get to retirement age or older. Many people think that this process is only important when your close to the end of your life. However, having an...
How does one erase skeletons after they die?
As readers of this blog may remember, we have talked about digital assets in the past. However, that New York blog post discussed the more traditional digital assets and how we distribute and control them in an estate plan. On this post, rather than talking about how...
