Many elderly people living in New York and who require long-term care would prefer to stay in their own home. While making a decision about whether or not staying at home is feasible, there are some important things to think about. A person may want to consider the...
Administering an estate in probate
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Dec 19, 2014 | Trust & Probate Administration
Handling probate matters in New York can be a difficult subject at times. In essence, probate administration deals with handling the affairs and assets of someone after they have passed on, and it may not necessarily be something you want to think about. However,...
What is a health care proxy?
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Dec 11, 2014 | Estate Planning
Unfortunately, some people in New York will be the victims of accidents or will experience serious illnesses that lead to their being incapacitated and no longer able to make important decisions regarding their health care. In such a situation, someone else will make...
Paying for long-term care in New York
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Dec 3, 2014 | Care Planning
According to the National Advisory Center for Long Term Care Information, 70 percent of Americans will need long-term care after age 65. However, it was revealed that only 11 percent of Americans are prepared to pay for such care. By 2050, 27 million Americans are...
Benefits of setting up a trust in New York
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Dec 2, 2014 | Estate Planning
When people are in the process of how to handle their assets during their lifetimes and after they die, many may benefit from considering setting up a trust. Trusts can be valuable tools to use in estate planning, as they have a number of benefits. Trusts can be...
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