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Recent Blog Posts

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Estate Planning and Debt

By Van DeWater & Van DeWater, LLP |

When deciding how an estate will be distributed to heirs, people spend far more time considering the assets they’re leaving behind, rather than the debts. However, it is equally important to devise a plan that will account for the debts that will remain owing after you pass away, including whether a portion of the… Read More »

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Review Your Estate Plan After a Divorce or Separation

By Van DeWater & Van DeWater, LLP |

You may be overwhelmed by the number of changes occurring at once when you get a divorce or separate from your spouse—establishing a new household, severing financial ties to your spouse, and handling a divorce trial are all very labor-intensive. However, there’s one more critical step you’ll need to take after a divorce, especially… Read More »

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Creating Your Own Will Comes with Pitfalls

By Van DeWater & Van DeWater, LLP |

You’ve seen form wills online or in stores, offering the promise of a legally-binding will in exchange for filling in a few blanks. You may have even heard of people handwriting their wills for the ultimate DIY last testament. You may have found yourself wondering, is that a worthwhile way to save some money… Read More »

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Identifying the Signs of Financial Abuse

By Van DeWater & Van DeWater, LLP |

The AARP estimates that 10% of all elderly persons will become the victim of abuse of some kind, the most prevalent form of which is financial abuse. Seniors who live alone and continue to manage their own money are especially at risk for abuse. If you have elderly parents or relatives, read on to… Read More »

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A Will Alone Does Not an Estate Plan Make

By Van DeWater & Van DeWater, LLP |

Perhaps you’re one of the responsible and thoughtful individuals who have taken the time to create a will, providing for your heirs and the causes most important to you after you pass away. While a will is critically important, it is far from the only document you need to have in place as you… Read More »

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Three Common Estate Planning Mistakes

By Van DeWater & Van DeWater, LLP |

By taking the time to create a will, you’re already avoiding the biggest estate planning mistake of all, which is to fail to create such a plan. However, there are other common mistakes people make when creating their estate plan. Read on to learn how you can avoid these mistakes. Putting your heirs’ names… Read More »

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Creating a Special Needs Trust in New York

By Van DeWater & Van DeWater, LLP |

Life with special needs can be challenging enough without the added challenge of figuring out how to afford the costs related to those special needs. While governmental benefits such as Supplemental Security Income (SSI) and Medicaid can be invaluable life-savers to those with special medical, psychological, or developmental conditions that make them unable to… Read More »

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The Revocable Living Trust: Is It Right for You?

By Van DeWater & Van DeWater, LLP |

When planning your estate, you want to leave your loved ones a gift that will be easily accessible and involve a minimal amount of court involvement to obtain. Using a will for the majority of your assets will necessitate the probate process before certain assets can be distributed to the beneficiaries, a process which… Read More »

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