With the exception of service members making a will during an armed conflict, New York does not recognize handwritten or oral wills. New Jersey may recognize a handwritten will if it meets certain requirements but will not recognize oral wills. In both states, you must be 18...
Avoiding a Will Contest
New York and New Jersey estate planning attorneys review a client’s complete family and financial situation in order to determine the best way to meet the client’s goals. Then, a personalized estate plan will be crafted with those goals in mind. It may include a will,...
Finding Trustworthy Agents and Avoiding Elder Abuse
Addressing your financial concerns is a big part of the estate planning experience. Examining what you have and what you may need for yourself and your family now and in the future is all factored into what estate planning documents are best for your particular situation.
Avoiding the Most Common Estate Planning Mistake
Skilled New York and New Jersey estate planning lawyers would likely agree that the number one biggest mistake people make--aside from not having an estate plan at all--is relying only on a Last Will and Testament (commonly referred to as a “will”).
A...
Protecting the Inheritance of a Spendthrift Child
Our children. From the moment they are born we want to protect them from anything that threatens them and leave them a secure future after we are gone. For that reason, many new parents make the wise decision to seek counsel...
Avoiding Will Contests in New York
Skilled Estate planning lawyers recommend that all people come in to establish an initial estate plan upon turning 18 years of age because, while it's difficult to consider, death or disability can strike even the young at any time.
Not only should
New Chatbot Promises to Write Your Will For You, But At What Cost?
A taxation lawyer in South Australia has developed a chatbot that can automatically generate your will. The chatbot is named Ailira and already hundreds of people have used the bot to make an estate...
Selecting a Nursing Home for Your Loved One
If your elderly loved one can no longer safely live alone, a nursing home may be the best place for your relative to receive the quality care he or she requires. Not all nursing homes are equal, however, and...
Exploring Continuing Care Retirement Communities (CCRCs)
Advances in medicine have led to people living longer and more independently even into their 80s and beyond. New housing concepts have emerged to meet the changing needs of seniors, with one of the most popular being...
Estate Planning Under the New Tax Code
The new tax bill went into effect on January 1, 2018. Several major tax provisions will change under the tax reform bill and these alterations will have an impact on the field of estate planning as well as...