We are entering an era that is known as the “Great Wealth Transfer.” Over the next 20 years, an estimated $84 trillion (that’s right, trillion with a “T”) is due to be left to future generations as Baby Boomers pass…
Talking to your parents about money or their mortality may make you feel uncomfortable. We concern ourselves with “What if they think I’m greedy” or “What if they get defensive?” Maybe the subject of talking money is considered distasteful in…
Alzheimer’s is a type of dementia that affects memory, thinking and behavior. Symptoms eventually grow severe enough to interfere with daily tasks, including the ability to understand and make decisions. Millions of people are affected by dementia, and many of…
After a person dies, their assets and property are called an Estate. If a person dies with a Will, an Executor is named in the Will. The Executor is the person charged with overseeing the final wishes of the…
Probate is the legal procedure your estate goes through after you pass away. When a person dies in New York and they have a Will, the Will must be proven valid before the estate assets (property) is distributed to the…
A good rule of thumb is to review your important legal documents every three years or so. It is important to revisit your will, and even consider revising it if: You marry or divorce You welcome a baby to the…
If we learned anything over the past few years, there are no certainties in life, and we should make the best plan to protect the people we love. A will can do this for you whether you are young, old,…