When you're caring for a parent with dementia, there are some things you need to do to stay on the right side of the law. It's common for aging adults to deal with conditions like dementia or Alzheimer's disease, so understanding when your parent is no longer able to...
New Hyde Park Estate Planning Blog
How to choose a power of attorney
On Behalf of Salem Shor & Saperstein, LLP | Mar 14, 2018 | Probate/estate Administration
As you begin thinking about who will care for your children should you die tragically young or where your assets will go upon your death later in life, you also need to consider a power of attorney. This is an important designation that is included in any and all...
3 estate planning errors to avoid
On Behalf of Salem Shor & Saperstein, LLP | Mar 8, 2018 | Estate Planning
Making a major mistake with your estate plan could result in financial ruin, trouble in court or massive taxes. There are dozens of things that could go wrong, but a few are more likely than the others.Leaving your assets outright to your children is one of the major...
3 common misconceptions of Medicaid
On Behalf of Salem Shor & Saperstein, LLP | Mar 7, 2018 | Blog
Medicaid is a vital safety net in the United States. Approximately 74 million Americans receive health benefits through the program. This includes people with disabilities, senior citizens and children. There is a good probability either you or someone you...
The right to challenge a will: What you should know
On Behalf of Salem Shor & Saperstein, LLP | Mar 2, 2018 | Will Contests
When you think about someone you love dying, the last thing you imagine is having to fight over his or her will. Despite that, many families do end up struggling as a result of changes to wills they never saw coming. The fortunate thing is that anyone with a valid...
Updating your will and trust’s executor or trustee is vital
On Behalf of Salem Shor & Saperstein, LLP | Feb 20, 2018 | Estate Planning
You're getting older, and you know that it's time to appoint an executor or trustee to your estate. You want to protect your assets and estate as much as possible while still giving your beneficiaries the things you've saved for them.Since you already have a trust or...
Seniors are often a target for financial abuse
On Behalf of Salem Shor & Saperstein, LLP | Feb 15, 2018 | Blog
It is sad to think that some of our most vulnerable members of society fall prey to those hoping to exploit them financially. Unfortunately for many senior citizens in New York and elsewhere, this can easily be the case. As your parents age, they may become...
‘Do Not Resuscitate’ orders and your preferences
On Behalf of Salem Shor & Saperstein, LLP | Feb 13, 2018 | Elder Law
At your request, you're able to have a "Do Not Resuscitate" (DNR) order in your medical charts. There are a few restrictions, though. For example, if you have a disease that affects your mental state, you may not be able to sign legally binding documents. All adult...
James Brown’s estate is still pending 11 years later
On Behalf of Salem Shor & Saperstein, LLP | Feb 7, 2018 | Probate/estate Administration
The late James Brown passed 11 years ago, yet his estate is not yet settled. His estate plan did not distribute his wealth well, according to a report, and in reality, not a cent has gone to his beneficiaries. The report states that there have been dozens of disputes...
How can you make being an executor easier?
On Behalf of Salem Shor & Saperstein, LLP | Jan 31, 2018 | Probate/estate Administration
It's never easy to be the executor of an estate. Many important things rest on your shoulders. While you might be alright with being in charge of another person's financial matters, it's still a difficulty that you may not enjoy. Fortunately, there are some ways to...
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