Why do you have a “Last Will and Testament.” Even Estate Planning attorneys are unlikely to know the etymology of the term. It was the subject of a recent question on “Jeopardy.” Read on to learn more. … [Read more...] about “Last Will and Testament” Origin
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Do I Need a “Durable” Power of Attorney?
Although every estate plan is as unique as the individual who creates the plan, there are some common documents that tend to be found in the average estate plan. A power of attorney is one of those. You probably have some idea what a power of attorney is and how one works; however, do you know what a “durable” power of attorney is and do you need to include one in your estate plan? The Harrison estate planning lawyers at the Law Offices of Kobrick & Moccia explain a “durable” power of … [Read more...] about Do I Need a “Durable” Power of Attorney?
Joint Tenancy Pros and Cons
Joint tenancy is a commonly used form of ownership between two or more people. It can be an easy solution. However, it can have drawbacks. Read on to learn more. Joint Tenancy Pros and Cons … [Read more...] about Joint Tenancy Pros and Cons
Planning for the Sandwich Generation
The Sandwich Generation is torn between caretaking responsibilities for their minor children and their elderly parents. But first, they need to make sure they take care of themselves. Read on to learn more. Planning for the Sandwich Generation … [Read more...] about Planning for the Sandwich Generation
Best Places to Retire: State Taxation
You owe federal income tax wherever you live. But your overall tax burden can vary dramatically depending on where you live. Read on to learn more. Best Places to Retire: State Taxation … [Read more...] about Best Places to Retire: State Taxation
Whom Do You Want to Get Your Assets?
Most of us have an idea whom we’d choose to receive our assets at our death. But often we don’t contemplate what should happen if the people whom we’ve selected die before us. Read on to learn more about contingent beneficiaries. Whom Do You Want to Get Your Assets? … [Read more...] about Whom Do You Want to Get Your Assets?
Beneficiary Designations and Other Non-Probate Transfers
Many of us are surprised that our assets may not go to those named in our Will. However, if you have assets controlled by beneficiary designations or other non-probate transfers, that’s the case. Read on to learn how a Will might not control all your assets. Read on to learn more. … [Read more...] about Beneficiary Designations and Other Non-Probate Transfers
Preparing for Coronavirus
The novel coronavirus, COVID-19, is spreading in the United States and across the globe. Learn what steps you can take to prepare yourself and help prevent its spread. Read on to learn more. … [Read more...] about Preparing for Coronavirus
How Can a Geriatric Care Manager Help You?
Are you caring for an aging parent or grandparent? If so, you already understand how difficult it can be to provide quality care while still trying to focus on your own career and/or immediate family. A geriatric care manager may be the solution. A Harrison elder law attorney at the Law Offices of Kobrick & Moccia explains how a geriatric care manager can help family caregivers. Caregiver Facts and Figures If you are the primary caregiver for an elderly parent (or other loved one), it may … [Read more...] about How Can a Geriatric Care Manager Help You?
What Is the Difference between Estate Planning and Legacy Planning?
You likely understand the need for comprehensive estate planning and the importance it plays in your life. You may not, however, be familiar with the concept of legacy planning. Legacy planning lets you leave behind much more of who you are and what made you the person you are today. A better understanding of how you can benefit from legacy planning is the best way to convince you of its importance. Toward that end, a Hauppauge legacy planning attorney at the Law Offices of Kobrick & Moccia … [Read more...] about What Is the Difference between Estate Planning and Legacy Planning?