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If you are new to estate planning, you might not be familiar with the role of an executor. An executor is someone who will administer your estate after your death. A relative might even ask you to serve as an executor someday. Not all estate proceedings are the same,...
Unfortunately, a car crash can indeed change your life forever, and not for the better. As reported in The Lawyer Monthly, should you sustain a catastrophic injury in your car crash, you could become disabled for life. Catastrophic injury examples Motor vehicle...
You probably already know that estate plans protect your family and assets after you are gone. However, they can also benefit you while you are alive and in need of medical care for a terminal condition or serious injury. According to the Mayo Clinic, a living will...
Writing your estate plan already takes a massive amount of time and effort. Reviewing it can also seem like an enormous task. This is why many people, perhaps including you, continue to put off estate plan reviews. But if there was a way to streamline your review, it...
Falls and car crashes are responsible for the majority of brain injuries that occur annually in the U.S. Even a minor head injury such as a concussion can result in long-term issues, but severe brain damage can lead to the need for lifelong rehabilitation....
When you have multiple children, an estate plan might feel tricky. How do you divide your assets without breeding resentment? According to AARP, talking with your kids ahead of time can ease some of the stress. Start a discussion You should plan for disagreements....
If you will use a surrogate in New York to have a baby, you should be aware of the law concerning requirements for your will. The New York State Unified Court System explains the legalization of gestational surrogacy in 2021 brought with it some strict standards. Will...
Many people think that broken bones become more serious once a person is in his or her 60s and above. However, that is not true. Broken bones for children and people in their 20s usually heal quickly with few complications. Once you reach 30, though, your chances for...
While learning more about probate in New York, you learn how time-consuming and intricate the process often becomes. How do you avoid putting your estate and beneficiaries through probate? Forbes offers tips for sidestepping the legal procedure. Take steps to ensure...
Probate occurs when a person dies and the court supervises the administration of his or her estate. Not every New York estate must undergo probate. Many individuals use estate planning strategies to avoid court-ordered estate administration and save money and time for...