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....
New Yorkers who are considering their options for estate planning might be tempted to avoid the perceived costs and hassles of having a legal professional do it for them. In other words, they might take the DIY option as if it is some household project about which...
The do-it-yourself crowd has access to tools that were unimaginable even a decade ago. Those tools can be powerful, but therein lies the problem. Power, in the hands of the inexperienced, can be disastrous. If you are considering creating an estate plan on your own,...
For New Yorkers who are thinking about the future and their estate plan, sometimes the most basic questions are the most important to answer. Such issues as an unexpected death, an injury or illness that leaves a person incapacitated, what happens to children if both...
A frequent mistake New Yorkers make is failing to properly plan for the future. One integral part of that planning is to have an estate plan that covers for various contingencies. Many might be under the impression that drafting estate planning documents is something...
One of the most difficult issues that a person can face is linked with his or her mortality. Of course, it is an inevitable part of life, but that does not make it any easier. When drafting estate planning documents, New York families must be cognizant of certain...
There are basic elements to estate planning that are generally included in any comprehensive plan. But like any field, there are emerging trends, fads and misinformation that can alter a plan for better or worse. It is important to get reliable, cutting edge advice to...
