What Do Home Inspectors Look for in New York?

Posted on July 14, 2021

Selling, and buying, a home can be an emotional rollercoaster. The highs and lows and worries can really take you for a ride. When you finally get that offer on your house, you may be excited and relieved, but then worry may start to set in. The looming home inspection contingency clause that...

What Is Long-Term Care Planning?

Posted on July 7, 2021

Most Americans will need long-term care at some point in their lives. Long-term care can be extremely expensive and not something most people will be able to pay for out of pocket. Take these two facts together and you will clearly see the benefit of engaging in long-term care planning. Without proper planning,...

Signs Your Elderly Parent May Be Ready for Memory Care

Posted on June 29, 2021

It can be a difficult thing to watch an elderly parent struggle with memory issues. Unfortunately, it can advance to the point where it is safer for your parent to enter into memory care. Those seniors with memory issues, whether it be due to dementia, Alzheimer’s, or something else, can be best served in...

Is It Time For Your Elderly Parent to Stop Driving?

Posted on June 23, 2021

For many older Americans, driving provides a much-needed outlet to the outside world. It helps them remain connected to the community, go to the grocery store, and can come to represent what they may feel is dwindling freedom in their golden years. For these reasons, it can be difficult to talk to your elderly...

The Danger of Gift Giving When It Comes to Long-Term Care Planning

Posted on June 16, 2021

To many, gift-giving is a love language. It can bring so much joy to give someone a gift. There are, of course, some added benefits of gift giving that you may get, such as tax benefits and reducing the size of your taxable estate, among other things. If you are planning...

A Novel Approach to Estate Planning

Posted on June 9, 2021

Q: Should I give my children their inheritance before I die? New York and New Jersey estate planning attorneys know that everyone loves their children and wants the best for them. It’s what drives many parents to leave them a nice inheritance after they’re gone. But is that the best—or only--strategy? Some parents — who are...

How is Property Transferred After a Person Dies?

Posted on May 26, 2021

There are many layers to estate planning and definitely more than most people are aware of. Most people think of estate planning as the transfer of ownership of property after a person dies. While there is more to it than that, it is true and it is a major part of estate planning....

Have You Heard of the Estate Tax Changes Proposed by Bernie Sanders?

Posted on May 19, 2021

People often are not aware that estate plans need to be reviewed and updated on occasion. Putting an estate plan is an important thing to do, but it is not a set it and forget it kind of thing. As your life changes, circumstances change, and laws change, so should you consider updating...

What to Do When Your Siblings Cannot Agree On What to do With an Elderly Parent

Posted on May 12, 2021

It can be difficult to watch our parents age. The ones that once cared for our every need may have developed care needs of their own. As parents advance in years, there are unique challenges that will need to be faced and you and your siblings may not be fully prepared to handle it...

Can Adult Children Be on the Hook for Paying their Parents’ Nursing Home Bills?

Posted on May 5, 2021

Have you talked to your parents about planning for the costs of long-term care? The truth is that the majority of individuals will need long-term care at some point in their lifetime and the costs of such can be substantial, to say the least. The earlier you begin the long-term care planning process,...