Throughout your working years your retirement plan and your estate plan may remain completely separate plans. As you near retirement age, however, it become more and more important to blend those two plans to ensure that they work together in harmony. One important decision you will need to make is when to begin accepting retirement benefits. To help you decide when to start accepting them, the Harrison retirement planning attorneys at the Law Offices of Kobrick & Moccia explain the Social … [Read more...]
Your Planning Can Help Your Loved Ones
Each of us will die eventually. This article looks at how planning can make your passing easier for your loved ones. Specifically, this article will look at the importance of the manner in which assets are left for your loved ones.Your Planning Can Help Your Loved Ones … [Read more...]
How Much is Too Much?
This article looks at the question of how much is too much to leave your children. Many people have pledged to give the majority of their wealth to charity. If you won’t leave all your assets to your children, the article provides resources for vetting worthwhile charities.How Much is Too Much? … [Read more...]
Disinheritance
Each of us will die eventually. This article looks at how planning can make your passing easier for those whom you leave behind. Specifically, this article will look at how you can disinherit someone with the least disruption to the family.Disinheritance … [Read more...]
Planning for Step-Children
If your spouse has biological children, you may consider them your own. But, if you haven’t adopted them, they have no inheritance rights. This article looks at how to plan for step-children.Planning for Step-Children … [Read more...]
Why Would I Want to Make My Trust Irrevocable?
A living trust is a common addition to the average estate plan. If you are contemplating the creation of a living trust, you will need to decide if your trust will be a revocable living trust or an irrevocable living trust. You may be wondering why you would want to make your trust irrevocable. The Hauppauge living trust attorneys at the Law Offices of Kobrick & Moccia discuss the benefits of creating an irrevocable living trust. When Is An Irrevocable Living Trust Necessary? It is … [Read more...]
Should I Leave My Children an Equal Inheritance?
If you are a parent, one of your primary goals when you create an estate plan is likely ensuring that the inheritance you leave behind for your children is passed down to them according to your wishes. You may, however, be torn with regard to exactly how much of an inheritance to leave each child. Should you split your estate equally among your children – even if you have concerns about how one child will handle his/her inheritance? In an effort to help you, the Harrison inheritance planning … [Read more...]
Who Administers an Estate If There Is No Will?
One of the most persuasive reasons to execute a Last Will and Testament is to ensure that your assets are distributed according to your wishes after you are gone. Another, equally important, reason to leave behind a Will, however, is to ensure that you choose who will administer your estate. To help convince you why this is important, the Harrison probate attorneys at the Law Offices of Kobrick & Moccia explain who administers an estate if there is no Will. Understanding Probate Over the … [Read more...]
What is 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? Because it is important that you do, the Harrison estate planning lawyers at the Law Offices of Kobrick & Moccia explain a “durable” power of attorney and discuss … [Read more...]
Are Your Driving Privileges at Risk?
Although Americans are living considerably longer, on average, than their ancestors did a century ago, the natural aging process does still hit all of us eventually. As a result, most of us will notice physical and/or mental deterioration the older we get. One of the areas of your life that might be impacted by that deterioration is your ability to drive. In fact, the State of New York could revoke your driving privileges after a driver re-evaluation process. To ensure that you know where you … [Read more...]
