In order for a Will to be valid in New York, there are certain conditions that must be met. These conditions include the Will being signed by the testator, which is the person creating the Will, as well as the Will being witnessed and signed by two witnesses who confirm the testator’s signature. In Surrogate's Court, a Will is authenticated when a person dies, and the estate is then administered. A self-proving Will saves your witnesses time and inconvenience by not requiring a court … [Read more...] about What is a Self-Proving Will?
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Handling the High Cost of Healthcare
Frequent doctor visits, extended hospital stays and prescription after expensive prescription can cause panic and anxiety in the elderly. With the rising costs of healthcare and an increase in the number of prescriptions needed in later years, the elderly often consider compromising their health in order to save a few dollars. Many delay treatment for serious medical conditions. Others limit their prescription expenses by cutting pills in half, taking pills every other day or every two days and … [Read more...] about Handling the High Cost of Healthcare
Estate Planning Roadblocks
Insecurities, confusion and frustration may surface as you begin your estate planning. You and your spouse may disagree on investments, bequests, and guardianship, just to name a few. If this is a second marriage for either partner, insecurities from past experience with finances, partnerships and children from previous relationships increase the probability of disagreements. The first thing to remember when planning your estate is that in your Will, you have complete autonomy in picking your … [Read more...] about Estate Planning Roadblocks
Medicaid Law: Paying for In Home Care
It is estimated that over 35 million Americans are providing unpaid caregiving for a loved one. The time and energy toll is enormous, but there is also the financial toll to consider. The caregiver must often cut back on work hours or give up their job completely. In fact, it is often those burdens that force caregivers to consider long-term care options for an elderly loved one, such as a nursing home. Knowing that loved ones often make the best caregivers and recognizing that professional … [Read more...] about Medicaid Law: Paying for In Home Care
Keeping Your Last Will and Testament Safe
You’ve taken the first step in estate planning – creating a will, so now what do you do with it? First and foremost, make sure the will is properly signed, witnessed and executed. Working with an estate planning attorney ensures that this step occurs, but what do you do with the will once it’s executed? When someone dies, the original Will needs to be filed with the Probate Court, or in the case of New York residents, Surrogate’s Court, so it is important that the document be kept safe but … [Read more...] about Keeping Your Last Will and Testament Safe
