When some people first learn about power of attorney, they become fearful that creating these documents will mean that they lose their decision-making rights. A power of attorney is an important estate planning tool, and one you need to understand fully. If you are worried that by creating a power of attorney you will lose some of your rights, taking the time to learn a bit more about this tool will help alleviate your fears. Your Power of Attorney, Your Decision Through a power of attorney … [Read more...] about Will I Lose My Rights if I Create a Power of Attorney?
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Commonly Asked Questions About Probate and the Guardian ad Litem
Not all probate cases in New York involve the estate of someone who has died. Some probate cases, generally referred to as “living probate,” involve incapacitated people who are unable to care for themselves or their affairs. In such cases, it isn’t uncommon for a Surrogate’s Court—the New York version of a probate court—to appoint a guardian ad litem. In probate cases, the guardian ad litem serves a very specific purpose. Here are several questions about guardians ad litem in probate … [Read more...] about Commonly Asked Questions About Probate and the Guardian ad Litem
What Does Your Last Will and Testament Cover?
A lot of people in the Rochester, New York area visit an estate planning attorney because they want to make a last will and testament. A will, as these documents are most commonly referred to, is an essential estate planning tool. It’s also something that is relatively limited. Wills are not sufficient to address every estate planning need you have, but they do address some very specific issues. Here is what you need to know about what your will covers. Personal Property Under a Last Will and … [Read more...] about What Does Your Last Will and Testament Cover?
FDIC Advises Elderly to Protect Themselves From Scams
With the holiday season upon us, unfortunately there tend to be more people trying to scam, especially targeting seniors. In a recent consumer news report, the FDIC has advised seniors on various ways that con artists and scammers seek to take advantage of the elderly. Financial fraud is a growing concern amongst seniors, and as more and more people reach retirement age every day, con artists around the country are targeting seniors with any number of fraud schemes. Here are several tips you … [Read more...] about FDIC Advises Elderly to Protect Themselves From Scams
Happy Birthday Kelly!
Happy Birthday to our own Kelly Johnson! Best wishes for a happy and healthy year from the LOMR Team! … [Read more...] about Happy Birthday Kelly!
