If you start to look into the subject of estate planning, you will definitely run across the word “probate” quite a bit. Here in New York, probate matters are handled by the Surrogate’s Court. In this post, we will look at the function of probate as it applies to elder law and estate planning matters. Proving of a Last Will One of the major misconceptions that people harbor about estate planning is the notion that a last will is the simplest and most efficient estate planning device to … [Read more...] about What Is the Purpose of Probate?
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The Questions of Estate Planning, Part 4: Where
People often have questions about Estate Planning. This is the fourth in a series of articles addressing those questions. This fourth article addresses the “where” of Estate Planning. Read on to learn more. The Questions of Estate Planning, Part 4: Where … [Read more...] about The Questions of Estate Planning, Part 4: Where
The Importance of Incapacity Planning
On the surface, it can seem as though estate planning is all about postmortem asset transfers. However, it is wise to see a holistic picture. Yes, you should address the events that will take place after your passing, but you should also brace yourself for end-of-life issues. Aging and Alzheimer’s Disease According to the United States Census Bureau, the segment of the population that was between 85 and 94 years of age grew faster than any other between the last two censuses. The Social … [Read more...] about The Importance of Incapacity Planning
The Questions of Estate Planning, Part 3: When
People often have questions about Estate Planning. This is the third in a series of articles addressing those questions. This third article addresses “when” to do Estate Planning. Read on to learn more. The Questions of Estate Planning, Part 3: When … [Read more...] about The Questions of Estate Planning, Part 3: When
Veterans Pension Has New Eligibility Parameters
As elder law attorneys, we educate our neighbors about important matters that they may face when they attain senior citizen status. It is very important to have a thorough understanding of benefits that may be available to you, and this is especially important for veterans of the United States Armed Forces. Most veterans are aware of the fact that individuals that served for at least 20 years become eligible for a retirement pension. The amount that you would receive if you are a service … [Read more...] about Veterans Pension Has New Eligibility Parameters
