Recent Blog Posts
In some situations, you may want to disinherit an individual who may normally expect to inherit a portion of your estate. This can be an extremely delicate situation. There are a lot of reasons to leave a person out,
Estate planning is complicated. Even the rich and famous make mistakes when handling their estates, and hopefully you can learn from their blunders so you don’t repeat them in your own estate plan. Here are five top mistakes people
Just as wills and trusts are two distinct types of estate planning documents, there are also differences in the ways each document can be challenged by disgruntled persons hoping to lay claim to the assets contained therein. Here’s a
You may have executed a will thinking that dispersing your assets after you are gone will be simple and quick. Your daughter gets the house, your son gets the cars, and the money is dispersed equally according to the
Let’s face it: we don’t live in a perfect world. Life often throws us unexpected curveballs that either (a) completely derails us, sending us into chaos; or (b) force us to readjust our plans. One of these less-than-perfect situations
Even though estates are taxed by the federal government when an estate is worth more than $5.25 million for individuals and $10.5 million for couples, New York State has additional taxes and considerations that must be taken into account
If you have a disabled person in your family or under your care, you may be concerned about helping them to maximize their resources and enhance their quality of life. A supplemental needs trust might be just the ticket.
Trusts aren’t just for the wealthy anymore. Many modern estate plans incorporate some type of trust for a wide variety of reasons. Some types of trusts are used to postpone or eliminate estate taxes. Others are used to deal
In New York, the law allows you to pick someone you trust to act as a proxy, or decision-maker, on your behalf to make health care decisions if you are unable to make them for yourself.
One common misconception that
When people look for a babysitter for their children, it is important to take extra precautions to assure that the person with whom they entrust their kids is well suited for the job. It is also smart to ask