Did you know that in New York once your child turns 18 you are no longer legally entitled to know anything about them? Their school can’t talk to you, even if you are paying for their education. Their health care providers can’t talk to you, even though you are their parent, and even if they…
Marci Goldfarb, Esq., Senior Counsel at Schwartz Ettenger PLLC, discusses why it is so important to have a Health Care Proxy in place before your college-aged students head back to school.
According to recent statistics, there is over $17 billion dollars in unclaimed funds that are being held by New York State. In the first three months of 2022 alone, the state has returned over $90,620,070. The amounts received by individuals varied, but over 59% of the claims were for over $100. Odds are, someone you…
New York State recently enacted legislation simplifying the form of Power of Attorney (“POA”), which law went into effect June 13, 2021. After such date, the new form of POA is required to be used. WHAT IS A POWER OF ATTORNEY? As you may know, a POA is a legal document by which a person…
Estate planning is a process that allows you to state how you want your personal and financial assets to be distributed at your death and plan for incapacity. By being proactive, you have control instead of other people or legal rules making those decisions. As you begin (or update) your own estate planning, here are…
Google words like “wills,” “trusts,” “power of attorney,” and other estate planning terms and you will find links to websites offering free or low-cost forms available for download. These sites tell you that you can DIY your own estate planning documents; why hire an attorney when you can prepare your own documents and save money?…
The goal of long-term care planning is to ensure individuals can get the proper care and support they need when they need it. While long-term care can involve various services, given in different settings, the associated costs are often a significant financial burden on families. As a result, the best time to think about your…
The start of a new year is a good time to look back at what personal and financial changes have occurred over the last year and how they may impact your estate plan. Even if you don’t have to worry about an estate tax, you still should review your estate plan to ensure you are…
