Americans are confused. They're confused about estate planning and rightfully so, it's a diverse topic. Should you create a will, a trust or both? It depends because they serve different purposes, but both can be beneficial to form a complete estate plan. Will and...
The importance of picking the right executor when estate planning
Vigilant New Yorkers will make certain that they have crafted a comprehensive estate plan regardless of their age, assets and family situation. However, one factor that is often overlooked is the executor. Many people will have someone in mind to serve this vital...Challenging a will based on testamentary capacity in New York
When a New Yorker creates a will, there are times when its legality will be challenged. To move forward with a will contest, there must be a good reason to do so. Challenging a will can be very difficult, but when there is a legal dispute, it is not impossible to have...Can you make your own estate plan?
The do-it-yourself crowd has access to tools that were unimaginable even a decade ago. Those tools can be powerful, but therein lies the problem. Power, in the hands of the inexperienced, can be disastrous. If you are considering creating an estate plan on your own,...Multiple issues can be addressed through estate planning
For New Yorkers who are thinking about the future and their estate plan, sometimes the most basic questions are the most important to answer. Such issues as an unexpected death, an injury or illness that leaves a person incapacitated, what happens to children if both...
