Part of every good estate plan is a life plan - and part of that life plan is planning for the unexpected. Lucky for us, like the communicator, ensured Captain Kirk's survival; the iPhone and Galaxy Phone are stellar additions to our electronic arsenal. In the modern...
Estate Planning Blog
Revocable Living Trust can Help with Planning for Incapacity
Planning and preparing for the unexpected is a crucial aspect often overlooked. A revocable trust is a critical component of a comprehensive estate plan, and its significance extends beyond just asset distribution on death. While a will is an essential estate...
What is the Best Estate Plan to Keep Family from Killing Each Other?
Families are not unusual; a fight over an inheritance leads to a prolonged legal battle. Even Elvis, the king of Rock and Roll, was unscathed by an estate controversy. The Ascent's recent article, "How to Create a Will That Keeps Your Family From Fighting," provides...
Which is better for your estate plan a will-based plan or a trust-based plan?
Estate planning is crucial for managing and distributing your assets after death. But which plan is best for you: a will-based or a will-and-revocable trust-based estate plan? In New York state, you typically have two options: a will-only plan or a will and revocable...
What is HIPAA Authorization?
The HIPAA Privacy Rule provides federal protections for personal health information held by covered entities and gives patients an array of rights concerning that information. 45 CFR §164.508 states the uses and disclosures of PHI that require authorization from a...