In New York, estates are settled through probate by an executor, who is named in the will or estate plan. If there is no executor, or the named executor is unable to serve, the estate can be probated by an administrator, typically a professional, who is appointed by...
read moreProper estate planning can avoid family disputes
It goes without saying that everyone in New York can use some type of estate plan. For those who are facing the prospect of a significant tax bill because they have major assets, it is not enough to have an estate plan. It is also necessary to have a grasp on how the...Legal dispute centers around late artist’s estate
The estates of artists can be complex and can lead to many people fighting over them after the person has passed. This is especially true when there were disagreements and dueling assertions as to what the testator wanted. When these issues cannot be solved by...Understanding fiduciary responsibilities after a person’s death
The responsibilities of a fiduciary in New York should be taken seriously after a person’s death. Estate administration has certain requirements based on the estate plan and the fiduciary plays a critical role. There are numerous terms that could be applicable,...Untying The Knot Of A Loved One’s Finances
If you asked your children to make sense of your finances without any input from you, would they be able to do it? Would they be able to piece together the information they need without knowing your computer passwords? Would your filing cabinet give them the answers...
