There are a few risks that come with estate administration in New York. Some of them are personal, like the strain such work may put on your schedule or how it will affect your relationships with the beneficiaries of the estate. Others are financial. Certain mistakes...
When you have a small business, one of the things you should think about is obtaining a trust for your business. A trust is helpful because it will help your business continue its normal functions even if you are not there to run it yourself. Trusts have other...
Many people put off starting their estate plans because they believe that it will take too long or be too complicated. The truth is that it can be easy to put together an estate plan. There is a simple, straightforward method for handling estates of all sizes, and...
Your life insurance policy benefits the people who depend on you, such as your spouse or your children. The more dependents you have and the younger they are, the more life insurance coverage you may require for their protection. Your insurance will be an important...
There is no doubt that nursing home care is expensive. Going into a nursing home costs thousands of dollars a month and tens of thousands annually, at a minimum. It makes sense that you’d want to qualify for Medicaid, because doing so could help prevent you from...
While you’re working on your estate plan, one of the major topics that will come up is what to do with your real estate. There are a few different ways that you can handle real estate in your estate plan. You can will it away to a beneficiary, set it up in a trust or...
