In Nevada, an elderly man who had ashes started a fire which forced over 4,000 people to evacuate from their towns. The man was throwing away fireplace ashes which ended up igniting a fire and burning down 29 homes. The elderly man admitted the fire was his fault and that he should have properly disposed of the ashes. As a result of his actions, the man faces potential jail time for arson charges, and may also be ordered to pay for the cost of fighting the fire around $690,000. See full article:
It is important to ensure your finances and properties are well protected when you become elderly and/or unable to control your own affairs. It is also important that you entrust the correct people to guard your assets when signing a health care directive. Other estate planning documents, such as a last will and testament helps to appropriate how your property is dispersed upon your death. According to New York Surrogate’s Courts, a valid will can transfer an interest in both personal property (e.g. bank accounts, furniture, stocks, clothing) and real property (such as real estate). A will also allows a person to name an individual to serve as an executor of the estate and guardian over the children. Moreover, a will can provide protection for family members (for example, trusts for adult incompetent children).
At Leeds Morelli & Brown, PC, our lawyers have extensive experience handling probate and estate matters. Our guardianship, surrogate, testate and intestate representations extends to clients throughout Long Island, the New York Metropolitan area, and even across the country. For more information or a free consultation, contact Leeds, Morelli and Brown, PC at 1-800-585-4658 or 516-873-9559.