There are many reasons why you might suspect that someone in your family would challenge your last will. Perhaps you chose to disinherit one of your children or maybe you know that your relatives will fight no matter what you do. A challenge to your estate could...
No one hopes to disinherit a beneficiary named in their will or trust. Yet, relationships change over time, and you may now find yourself estranged from one of your beneficiaries. Or, the beneficiary in question might have endured personal hardships that could make it...
The birth of a first child is the first time many New York residents think about estate planning. One question that parents often have is if setting up a trust is a good idea now that they have the responsibility of caring for a newborn. There was a time when many...
If you haven’t done your estate planning yet, that’s understandable. Most people haven’t. Throwing age out entirely, studies have found that the majority of Americans have no plan -- despite generally acknowledging how important planning is and saying that they...
It is often difficult and stressful for people to consider their own eventual death and try to create an estate plan. Just needing to distribute your property to people can be a difficult series of decisions. If you have to worry about who will care for your children,...
Many New York families own significant assets and have one or more adult children who will receive an inheritance. The amounts bequeathed generally are significant but can have varying effects on the beneficiaries. That makes it important to discuss pending...
Many people consider estate planning to be a one-and-done task. They take the time to develop a comprehensive plan and then put it completely out of their minds. Unfortunately, significant life events necessitate a revision to one or more parts of the plan. While not...
Estate planning is a process that not only helps you leave behind instructions regarding who you want to inherit specific assets from your estate but that also helps you maximize the legacy that you leave for the people you love. One of the more pressing concerns for...
While it is always wise to seek the best deal available, there are times when spending a little more now can save you a lot of money and disappointment later. Estate planning is one of those times not to be pennywise and pound foolish. Here are a few reasons why...
While your medical practice may be based in New York today, there is no guarantee that you won't have to move in the future. Therefore, your will or living trust may need to be adjusted to account for the rules in a different state. Other major life events may make it...
