January, 2017 | McMahon Law Firm, Attorneys and Counselors at Law

4 reasons you should update your estate plan

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 30, 2017 | Estate Planning

Creating an estate plan is a great first step in securing your finances and assets, but it should not be a static document. Many people forget about their estate plan once it is created. Certain fluctuations in your life can cause your plan to be ineffective. Here are...

The importance of contingencies in an estate plan

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 24, 2017 | Estate Planning

Many New Yorkers assume that they will pass away before their spouses or their children. However, it is possible that a beneficiary could die before they are able to collect their inheritance, and this could cause many estate planning issues. In fact, it is possible...

Prince’s estate determination being held up by appeals

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 19, 2017 | Estate Planning

New Yorkers who have been following the ongoing saga of Prince's estate might be interested in learning that the judge in the case has said that appeals are preventing it from moving forward. Reportedly, the court has denied multiple claims by people who are claiming...

The rise in nursing home control over guardianships

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 18, 2017 | Trust & Probate Administration

The purpose of a guardianship is to provide someone you trust with the legal authority to take care of your personal and property interests in the event you become incapacitated. Guardianship of the Person includes steps to be taken about non-financial matters, which...

Protecting personal information before death

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 11, 2017 | Estate Planning

Planning for the end of one's life requires not only organizing the details for final arrangements, but it also includes the implementation of information security strategies. This is essential due to the type of documents and account passwords that need to be...

Causes of medication errors

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 5, 2017 | Firm News

If your loved one is in a nursing home, the staff has the responsibility of dispensing the medications that doctors prescribe for the patient. However, mistakes happen, and they can include a dosage error, an incorrect method of administering the medication or giving...

The effects of a Trump presidency on estate planning

On Behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jan 4, 2017 | Estate Planning

New York residents involved in estate planning may be aware of potential changes for 2017 as President Trump and the Republican-controlled Congress take charge. There are many ways the political climate could affect estate planning measures. Besides possible changes...