While we may know better, an 18-year-old is generally considered an adult under New York law. Many of those 18-year-olds will be heading off to college in the next couple of months. Parents’ rights to make decisions for their...more
7/1/2025
/ Adult Children ,
Beneficiaries ,
Estate Planning ,
Health Care Proxies ,
Incapacitated Persons ,
Inheritance ,
New York ,
Power of Attorney ,
Tax Planning ,
Trusts ,
Wills
It is important for all adults to have advance directives in place to ensure that your wishes will be carried out if you become incapacitated. There are three basic types of advance directives: a living will, a health care...more
The federal estate tax exemption provisions are set to expire at the end of 2025, potentially requiring more people to pay estate taxes. In view of the uncertainty of the estate tax laws, it is important to have estate...more