A power of attorney is something you sign while you still can. A guardianship is something a court imposes after you no longer can. New York law treats them as alternatives, not equivalents — and a valid power of attorney is one of the specific things a judge must consider before appointing a guardian at […]

It is the most common piece of kitchen-table planning in New York. A parent is worried about a nursing home taking the house, so they add a son or daughter to the deed and assume the problem is solved. It usually is not. Adding a child to the deed puts the largest tax benefit your […]

A reverse mortgage is often utilized by older Americans to supplement their income during retirement by accessing the equity in their home.  The proceeds of a reverse mortgage can be used for any financial obligations the senior may have, including routine maintenance of their home.  The reverse mortgage is a complex type of mortgage loan […]