On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Dec 10, 2019 | Firm News
As your parents get older, you probably will start thinking about their future and how well they have planned for aging. One conversation that may seem daunting to have with them is whether they have a comprehensive estate plan or if they still need to complete a...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 30, 2019 | Firm News
Losing a parent can be one of the most difficult things you may ever go through. In addition to the emotional toll the loss of a parent can take, you may also have to work through a number of estate planning and probate-related matters. If your parents failed to make...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 18, 2019 | Firm News
One of the most essential components of any estate plan involves giving someone power of attorney. This right gives an individual the right to make legal and medical decisions on your behalf if you ever become incapable of making them independently. Despite its...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 1, 2019 | Firm News
When looking at nursing homes for your loved one, you consider a variety of factors. You want to feel confident that Mom or Dad will feel comfortable and receive the best care. To this end, one important question you should ask is how the staff treats residents who...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Sep 17, 2019 | Firm News
Numerous documents make up an estate plan. One mistake many New Yorkers make is they assume they only need a will when, in actuality, they need a lot more paperwork to properly pass on assets to loved ones. Over a lifetime, someone may marry multiple times. These...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Sep 5, 2019 | Firm News
Since the passing of the late great Aretha Franklin, there has been quite a bit of controversy surrounding her estate. Through this situation, a few important estate planning aspects are becoming conversation topics amongst various parties. Even for those with smaller...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Aug 28, 2019 | Firm News
Many people do not have a will. Therefore, you experienced a well-justified sense of accomplishment when you sat down with your attorney to create yours. However, that meeting may have taken place a couple of decades ago. Chances are, a lot has happened in your life...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Aug 4, 2019 | Firm News
There are a lot of commonly misunderstood aspects of estate planning. The spread of myths and misinformation can make it easy to talk yourself out of estate planning. You may assume you do not need to have a will or trust just because you are not at a certain income...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jul 17, 2019 | Firm News
The vacation home can be an important piece of property for you and your family. If you want to give it to your heirs for future generations to make memories in, you should start thinking about how to include it in your estate plan. But this requires more than just...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Jul 3, 2019 | Firm News
If you have a significant estate in New York, you may have concerns about being subject to the estate tax. According to the New York State Department of Taxation and Finance, the current estate tax limit for 2019 is $5,740,000. If the value of your estate is below...
