Those with disabilities in New York can face many challenges in life, whether the disabilities are mental or physical. Either way, they may need care and support for their entire lives. One way for people to provide this even after they pass away is by setting up a...
Many New Yorkers think that setting up a will is enough for their estate plans. However, these individuals might be able to benefit even more from setting up a trust. Let's discuss some of the most important benefits of using a trust in estate planning. First, trusts...
Are you thinking about giving money to charities when you pass away, and are you considering writing it into your will? While giving from your assets and accumulated wealth is certainly possible and noble, you should know that there is another way to give in New York...
Are you thinking of drafting a will in New York, either for the first time or as a replacement for an outdated will? If you are, the following are a few key questions that you want to ask yourself: 1. Who is going to be in charge of the will? Writing the will is one...
Being involved in a dispute over an estate that was left with no planning is not something that anyone wants to be a part of. It can mean hard feelings and raw emotions for everyone who is present. Figuring out now how to pass your property and assets on to your...
When writing up a will in New York, you're probably going to think, first and foremost, about your money and your monetary assets. You may have other assets -- like a house or a car -- but the money is still the main thing a will splits up. However, as you'll see,...
More and more American couples are opting not to get married these days. As for those who do get married, though, many are deciding to wait until they are much older to tie the knot. Also, divorced and widowed Americans are also choosing to forgo remarriage and...
Estate planning has certainly come a long way over the last 20 years. You can minimize the complexity now for trying to avoid federal estate taxes and it is much simpler because of how it evolved. Some of it can still be a bit complicated, so focusing on that will be...
In 1639, Gardiner's Island in East Hampton, New York, was purchased by an English settler from the Montaukett Indians. The buyer was given the title of the "Lord of the Manor" in a English charter, along with the "right to possess the land forever." Sagtikos Manor is...
When you pass away, you will want to have an estate plan in place to help your heirs know what you want done with your belongings and assets. Someone will need to be made a trustee or an estate administrator. You can put all of your belongings in a trust that this...
