Retiring is usually a happy occasion and a time in life when you feel free and relaxed. Unless you feel guilty, that is. Many retirees don't have an estate plan and live a fasted life upon retirement because they want to be sure to have something to leave as an...
Nobody likes to think of heirs fighting over possessions, money or power after his or her death, but this is an all too common reality. Many people lose parts of their inheritance due to battles over the estate, but New York residents can lower the risk of a dispute...
New York residents who do not have children may have some unique questions when it comes to the estate planning process. For example, who will be one's caregiver if a medical infirmity results in mental or physical incapacitation? There are several pieces of advice...
When you begin your estate planning, it is important to have the future in your sights. Not just your children, but beyond them to future generations. One way of making sure your beneficiaries receive your assets and not the Internal Revenue Service is to set up a...
A lot of different questions come up for heirs and relatives after the death of a loved one. One of those questions could relate to their departed family member's will and whether the will they have is actually the latest one to be drafted. This could inevitably lead...
Estate planning includes a number of complex issues and documents such as wills and trusts and assets and debts. Keeping up with all the rules and trends related to estate planning can be difficult to do, which is one reason to seek professional advice about such...
A man witnessed the mess that was made when his girlfriend's parents did not leave behind the proper paperwork when they passed away. Everything having to do with their finances was incredibly complicated and difficult to figure out. He went to his own parents after...
As more equality has been achieved in New York and across the United States, the role that women play in estate planning has also shifted. While men used to bring in the majority of the wealth in a marriage, that has been changing, and studies show that just over half...
Estate planning can bring a sense of peace to a situation that can be emotionally upsetting to you and your loved ones. Making sure that your finances are taken care of so that if something should happen, it can provide both you and your family a firm foundation for...
Many New Yorkers feel good about their estate plan because they got all of their documents completed years ago. However, a lot has changed. Most of us now have a significant digital footprint. That's why it's essential to ensure that all of your digital assets are...
