Every New York resident should make it a practice to review his or her estate plans each January. Indeed, life circumstances can change throughout the year, and the best way to ensure those changes do not conflict with your existing estate plan is to perform an annual...
Think that estate planning is just for the rich? While passing along assets may not matter as much if you don't have a lot, there are still very important estate planning steps that you need to take in New York. First, you may still have assets, even if your bank...
It's a blessing to win the lottery, but it can also be a curse. Winnings need to be managed carefully if you want them to last the rest of your life and provide for your family when you're gone. So, while we're all hoping that we win a billion-dollar jackpot from...
Most estate planning errors can be avoided if you're willing and able to put in the time and energy in advance. Make sure you know the legal steps that need to be taken and the tactics you can use to eliminate mistakes, ensuring that everything really happens the way...
Estate tax laws can change every year, and 2016 is no different. In this respect, as we come to the end of 2015, there is something you should keep in mind for the year ahead -- regardless of whether you have an existing estate plan or want to create one for the first...
Estate planning includes an incredible amount of information, and it's important to add your Facebook account and password to the list. It's wise to write down all of the login information that someone else would need to access your account and then keep it with your...
Estate planning is not only for the wealthy. In fact, every adult New York resident should consider drawing up an estate plan, and speaking with a qualified estate planning lawyer is a great way to start with that process. When speaking with your attorney, be sure to...
Life happens. We can get so caught up in our jobs and our kids that we forget to put an estate plan in place. It is easy to push this to the side and not think about it. But you are really doing a disservice to your family. If you don't have a plan, how are they...
With the right preparation, most estate planning mistakes can easily be avoided. You just need to know what to watch out for in advance. Below are four of the most common mistakes in New York. 1. Doing nothing. You may be surprised to know how many people don't have...
Whether you like the game show "Family Feud" or not, one thing is for certain: You don't want to start a feud among your own family members with your will and estate plan. This happens all too often, though, when family members disagree on the distribution. There are...
