Lake Placid Area Legal Blog
For most people, an estate plan is something that they need, but that they haven’t created yet. There are also those who mistakenly believe that they do not need an estate plan at all. This combination means that the majority of adults in the United States do not have...
Someone's home could very easily be the single largest asset. Homeowners often want to sell their properties when the market can offer them the greatest return on their investments, but certain factors can diminish what they earn from a sale or even result in a...
Living in a nursing home is expensive. Monthly costs dwarf even the most expensive mortgage in most cases, even if someone gives up the privacy of having their own room. Older adults may have to spend what remaining assets they have covering the cost of nursing home...
When starting a business or moving a small home operation into a more professional space, many owners and entrepreneurs instinctively choose a lease instead of purchasing property. Especially now that landlords sometimes offer build-to-suit leases where they...
Planning for retirement and also the support someone might need when they are older and medically vulnerable can be a challenge. Some people take for granted that Medicare will take care of their medical expenses, but not all older adults can count on full coverage...
Every state has unique statutes related to criminal matters, family law and civil issues. The difference in laws from state to state can lead to a lot of confusion, especially when people relocate from one state to another after becoming familiar with the laws in...
Like a lot of people with parents who are “snowbirds” or permanent transplants to Florida, you may one day inherit a house that you neither want nor need. Ordinarily, this wouldn’t be a big deal for you, because you would simply sell it. However, you didn’t inherit...
Unlike nearly two-thirds of Americans, you have an estate plan. You created a will and understood the importance of periodically updating this important document. For the latest update, you focus on a few changes, including replacing your executor. Why? You have...
If there is one mistake that older adults often make when preparing for retirement or updating their estate plans, it is that they aren't very realistic about their futures. People tend to assume that they won't experience the negative effects of aging the way that...
Whether you just accepted an offer on your vacation home or had a seller accept your offer on what will be your first-ever home, you are probably very excited to get to the closing table. Buyers aren't technically the owners of real estate until they sign the deed to...