Mullen and Iannarone, P.C.
Serving the legal needs of corporations, individuals and
families of Suffolk County since 1972

April 2015 Archives

Setting up an incompetency plan

Many people in New York forget about incompetency planning while preparing their estate plans. Incompetency planning is intended to cover what will happen if people become unable to handle their own financial affairs or make certain types of decisions for themselves.

Importance of an estate plan

New York residents should be aware that when they are working out a plan for retirement, estate planning is an important part that should not be overlooked. While thoughts of retirement tend to center around financial considerations, such as whether an individual can afford to retire or whether to keep the house or downsize, estate planning is part of that process.