For New Yorkers who are thinking about strategies for their estate plan, a factor that is often overlooked is what will happen if they become incapacitated or ill. This should be considered as part of the process. An example of the importance of this came to light...
For New York residents who are taking steps to prepare for the future with an estate plan, having collectibles and striving to keep them in the family without burdening loved ones with onerous tax implications is one of the main considerations. Understanding the...
New Yorkers who have created their own wealth and independence through entrepreneurship are often guilty of failing to keep their estate planning documents current. Much like creating a business, drafting estate planning documents is often viewed in the now with the...
Many of the cues that get people thinking about estate planning are family related. New marriages, becoming a grandparent, passing along a family business or protecting family heirlooms can all be the impetus for starting an estate plan. A new trend may require a...
New Yorkers who are crafting an estate plan will want to ensure that they create a document that prepares for every eventuality. One area that is constantly and inevitably changing is the political situation. Having a well-rounded estate plan should account for most...
A concern that occupies the minds of many New Yorkers as they formulate strategies for estate planning documents is how best to handle children. This is compounded when the child has physical or mental issues that make their care exponentially important. If the child...
Residents of New York State who are getting their estate planning documents in order might want to make the process as easy as possible for their heirs. Part of that is keeping costs in line. Since probate is expensive and can take a long time, many people who are...
There are topics that many Americans do not feel comfortable discussing, even with friends and family. Some topics are too personal, others are simply uncomfortable. Estate planning touches on two topic that many people have trouble discussing: money and death. A...
There are many pitfalls for the inexperienced estate planner. Do-it-yourself planning can go from confusing to hopeless with a just few, relatively common wrinkles. One of the most common factors that can make estate planning complicated is the blended family....
Crafting an estate plan is vital for everyone in New York State, but it is particularly important for women. There are a variety of reasons for this. It might not be an issue that takes up a great deal of their thoughts, but that does not make it any less imperative....
