Recently, there has been several stories in the news about young people dying intestate. That means there is no will, no estate plan, no executor listed in any legal document. Estate plans aren't just for the old and/or wealthy. They are for everyone who has...
Don't make the mistake of thinking that you don't need to do any long-term care planning in New York just because you feel healthy right now. Some health conditions can come almost out of nowhere, without any warning, and they can leave you unable to make medical...
Forming a will is a good first step in any estate planning. However, your last will and testament should do more than simply inform a Surrogate's Court as to how you wish your property and assets distributed following your death. Many people often overlook the...
A will is often the cornerstone of many types of estate planning. Through the formation of a last will and testament, individuals can detail how they wants assets and property transferred at the time of their death. Typically, a person creating the will, also known as...
Since 1955, the average lifespan of Americans has grown by 10 years. This is a very important point in terms of estate planning and financial advising. According to one financial advisor from Merrill Lynch, as the life spans of Americans increase, so too does the risk...
The foundation of any well-considered estate planning begins with forming a valid and enforceable will. A will is basically a written document that provides a basis of what you want to happen with your property after you die. In New York, a person who creates the will...
There are many aspects to long-term care planning that you want to consider in New York, but one of the most important things that you can do is to find the perfect nursing home. If you do this in advance, you ensure that you live somewhere that you feel safe and...
When you are in the midst estate planning, one of the activities will probably be setting up a trust of some sort. The attorney team at has a vast knowledge base for different types of trusts and can make the process airtight. If your...
According to IRS Notice 2014-21, bitcoins are not to be handled as currency in estate planning proceedings. Rather, they are to be viewed as property by courts. This creates some unique scenarios that New York estate planners who own bitcoin should be aware of. First,...
The will of a now deceased millionaire contains many provisions that will likely become the fodder for future legal battles over the administration of his estate. Perhaps the most interesting aspects of the former Manhattan, New York landlord's will are the conditions...
