When a Revocable Living Trust is Better Than a Will in New York
A will is one of the most basic estate planning documents for New York residents, and everyone should have one to make sure that there is no question about what would happen to your assets and minor children if something happens to you. But there are a few cases when...
You Plan for Date Night – But Not for Your Kids Future?!
Picture this – you get an opportunity to spend some alone time with your spouse. What do you do to prepare for date night? You carefully select a babysitter. Then, you write detailed instructions; when to feed the baby, how often to change diapers, what snacks are...
Rochester Special Needs Lawyer: Special Needs Trusts Protect Government Benefits and MUCH More
Unfortunately, many parents of children with special needs wait until their child turns 18 to consider creating a special needs trust. Sometimes, they even wait until their child eventually needs government benefits like SSI or Medicaid. However, special needs trusts...
How to Know When It’s Time to Step in and Care for Your Aging Loved One
The number of adult children caring for their aging parents is growing at a very fast pace. If you are a baby boomer and not already caring for an aging parent, chances are high that you might be facing this situation soon. It isn’t always easy to know when, or how,...
Elder Care Lawyers in the Finger Lakes Offer Important Strategies for Dementia Patients
Elder care lawyers in Rochester and the Finger Lakes work with families to prepare for any number of situations in the estate planning process. One circumstance that is especially relevant to elder care law is dementia. Alzheimer’s disease and other forms of dementia...
Sell the House, or Keep It for the Kids?
Like many Americans, your home is probably your largest asset. However, if you have children who have grown and moved away, you’re left with an empty nest, quiet and big. You may be torn between keeping the house and passing it to your children someday, or selling it....
Probate Tips for Getting Through the Process Faster and with Less Hassle
Probate lawyers in Monroe County and our neighbors in Ontario, Wayne and Livingston Counties are well aware of the hassles and headaches that families face when a loved one’s estate goes into probate. The process can drag out, eating up not just time but also...
Learn Why the New Federal Estate Tax Exemption Doesn’t Give You an Estate Planning “Pass”
Unless you were living under a rock, you most likely heard about the tax reform bill that was passed by Congress and signed by the President over the holidays. One big change that came out of it was the doubling of the exemption amount for federal estate, gift, and...
You Can Now Save More Money in ABLE Accounts in 2018
The Achieving a Better Life Experience (ABLE) Act, which was created by Congress in 2014, allows people with disabilities and their families to save up to $100,000 in accounts for the benefit of a disabled person. The funds can be saved without jeopardizing the...