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Estate Planning | Elder Law | Special Needs Planning

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Recent Posts in GUARDIANSHIP Category

  • What It Takes to Become a Legal Guardian in New York

    People who are in their gray years will naturally and gradually lose the abilities to take care of themselves and manage their finances or estate. Rather than allow this process to slowly damage their wellbeing, it is important to establish a legal guardian ahead of time that will be tasked to control and care for their estate, as well as making important health related decisions for them. ...
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  • WHAT IS THE DIFFERENCE BETWEEN A GUARDIANSHIP AND A POWER OF ATTORNEY?

    A comprehensive estate plan will include an incapacity planning component. A significant percentage of senior citizens become incapacitated to one extent or another. While there are other causes of incapacity, around 45 percent of those who have reached the age of 85 are suffering from Alzheimer’s disease. If you were to contract Alzheimer’s, dementia can set in. Those who are suffering from ...
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  • WHAT IS A GUARDIANSHIP OR CONSERVATORSHIP?

    Estate planning should extend to what could be called end-of-life planning. When you reach an advanced age you may not be able to make all of your own decisions or take care of your own needs. This is not the most pleasant thing to contemplate, but it is a fact of life. Most elders are going to need some type of assistance, and a high percentage of people suffer from incapacitation at some point ...
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  • WHAT IS THE NOMINATION OF A GUARDIAN?

    A high percentage of young adults are unprepared from an estate planning perspective. Many of these people are single individuals who do not have children. However, there are also parents of young children who are going through life without any estate planning documents. This is a huge mistake that is akin to a gamble. You know you are going to die someday, but you expect to live a normal life ...
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  • Guardianship, Conservatorship, & Proper Planning

    There are those who are under the impression that the only thing that they need to plan when they are considering their estate is the eventual distribution of their assets after they pass away. This is really not the case, because it is also important to address matters that can crop up when you are still alive but unable to make decisions for yourself. As we all know people who are reaching their ...
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