Some people in Rochester may believe creating a will, trust or other estate planning document is only an issue once they reach their old age. In fact, nothing could be further from the truth. Young adults can benefit from having an estate plan, especially if they have...
For better or for worse, it is often major life events that inspire people to seek estate planning assistance. A new mother or father will take action to protect their child by establishing a guardianship and conservatorship to provide long-term care in the event that...
A concern that many New York residents have when they are drafting documents in an estate plan is when they have a loved one who has a mental or physical disability. This can be a complex and worrisome issue that might lead to family disputes. However, there are...
There are many reasons to create an estate plan. A customized plan can help you protect yourself and your loved ones if the unthinkable should occur. Estate plans can reduce your tax burden, provide for your future, protect your business and ensure that your medical...
People in New York who are on the go and living what they deem to be a normal, healthy life will not think about - nor want to think about - the possibility of an injury, condition or illness befalling them and rendering them incapable of making their own decisions....
When a person in Rochester is planning for the future, trusts are an integral part of providing protection for themselves and their loved ones. But there are many different types of trusts to choose from and all have their own advantages and concerns. Three kinds are...
Protecting your family and your legacy is about more than deciding what you want to do with your assets. Estate planning includes a number of documents and strategies that, taken as a whole, help you accomplish your goals and protect your present and future. The right...
The children were so young and cute back then. They played with dolls and trucks and each other. Now they're taller than you and off at school or careers. Things have changed. Or have they? One of the things that might not have changed over the years: your estate...
Ex-pro wrestler and World Wrestling Entertainment CEO and Chairman Vince McMahon will sell 2,191,894 shares of his company's stock valued at nearly $40 million. The shares he plans to sell represent 6 percent of the outstanding WWE stock. WWE announced that the shares...
It's very important to know how inheritance taxes work, but you should know that these generally just apply to U.S. citizens and others who live in the United States. If the person who is passing on the assets is not a U.S. citizen and is not living in the country,...
