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...
Children can help aging parents with estate planning
When a parent is aging and concerns about the future are arising, it can be difficult for children to discuss estate planning with them. However, it is necessary to have the discussion to ensure that the proper plans are in place for every reasonable eventuality....Late chef’s estate plan shows how he distributed various assets
When celebrities die, there is frequently a significant amount of attention paid to how their estate plan was formulated. Often, there is surprise at how much or even how little the person had in terms of assets. The structure of the estate plan will tell how they...Who Can Be Your Guardian
Guardianship is a legal relationship that more and more Americans are likely to need as they get older. A legal guardian is a person who has been granted the power to make personal decisions on behalf of another (known as the ward). A similar relationship known as a...Challenging a will: Who can do it?
It is an unfortunate reality that when a New Yorker dies, there could be a legal dispute regarding their estate. However, people considering challenging a will might not know who has the right to do so. For example, a person who believes there should have been a...Estate Planning Can Be An “Adulting” Win
There is a common misconception about estate planning that it is a problem for the sick or elderly. In reality, estate planning should start well before you start considering retirement. If you are gainfully employed or have any assets you want to continue owning for...
