Veterans’ Benefits in Estate Planning
Burial Expenses for Service Related Death The U.S. Department of Veterans’ Affairs pays up to $2,000.00 for burial expenses for service-related deaths on or after September 11, 2001. Some or ...
Veterans’ National Cemeteries in New York Every veteran and his/her spouse may be buried in a National Cemetery and may be entitled to a free cemetery plot, headstone, and perpetual ...
HIPAA
HIPAA Protects Patient Privacy The “The Health Insurance Portability and Accountability Act of 1996” (also known as HIPAA) is a Federal Law which protects patient information from being shared with ...
Pet Trusts in Estate Planning
Pets Are Family While your pet may be your best friend, and may be more loving and reliable than most of your family members, when you die, your pets are ...
Joint Account vs. Payable on Death Accounts The main difference between a payable on death bank account and a joint bank account is the control of the account while the ...
Pay On Death Bank Accounts in Estate Planning
Pay On Death Bank Accounts Property and assets can pass to your beneficiaries without a will and without probate (the court process for closing an estate). One way to leave ...
What is a Trustee’s Duty?
Trustee Duties A trustee has a special duty to care for assets in a trust and to make sure the assets are used for the stated purposes in the trust ...
Leaving Personal Property-Part Two
What Do Your Children Cherish? Now that you have given some thought to what you would like to happen to the personal items which you prize, take this opportunity to ...
Leaving Personal Property—Part One
Your Personal Property Has Sentimental Value Everyone has special personal property that is more cherished for its sentimental value than for its cash value. Having a plan for leaving sentimental ...
Uniform Transfer to Minors Act (UTMA) in New York
UTMA in New York UTMA laws in New York are designed to help protect assets left to minors. The UTMA laws determine limits and guidelines for when minors may receive ...