When you pass away, what happens to all your digital accounts? You have music on your computer, books on your tablet and online bank accounts. So what are you and your attorney going to do about an estate plan that includes your digital world? You may have a will that...
Estate planning in New York usually has a will involved. A trust may also figure into the planning of an estate. Your will can be long and detailed or simple and to the point. Depending on your needs, you may want to begin your estate planning with a capable attorney...
Although most things are done together in marriage, there is no such thing as a "joint" estate plan. Spouses will have to have their own separate wills, powers of attorney, advanced medical directives and other documents. In some cases, couples might share a joint...
When you begin to accumulate wealth, you begin to realize that there are people and creditors who want a piece of your assets. There are tools you can use to protect yourself and your business that can go a long way to ensuring that tax collectors, accident victims...
While you may have a good idea of how you want medical care to be given out if you need it, it's wise to make sure that someone else also knows and has the power to make decisions on your behalf, in accordance with your wishes. In New York, this person is referred to...
When you're doing estate planning in New York, you're planning for your future and the future of your family members. If you're using an IRA for your retirement, there are a few things you must know. First, there are required minimum distributions, which means you do...
When you are beginning the process of planning your estate in New York, one of the issues that you need to pay close attention to is the taxes, both federal and state. Your inheritors will pay an extremely high price if you don't get an attorney who has knowledge and...
Many people consider estate planning something you do in preparation for your final days. As some people grow older, they become more concerned about things like drafting a will or creating powers of attorney should they become disabled by advanced age. While both of...
When it comes to estate planning, the more a New York resident knows about tax exemptions and tax laws, the better off he or she will be. The following are two tax issues that the average estate planner should know about. Estate planners should know about changing...
When you are planning for the future of your heirs, part of that planning is what you will do you're your assets, property or as it is commonly called, your estate. You may not realize that in New York, there is an inheritance tax. You can look into this and find out...
