This week, we've been discussing those documents essential to any comprehensive estate plan. We've discussed the importance of having a will as well as designating beneficiaries. We've also provided information related to the importance of establishing a living will...
The relationship between parent and child should be based on unconditional love. That being said, as parents and children age, their relationship often grows more complex and, at times, strained. Growing or grown children may struggle with personal issues or make life...
This past summer, gay rights proponents across the country celebrated as the U.S. Supreme Court chose to strike down the Defense of Marriage Act. As a result, marriage is no longer legally defined as being solely between one man and one woman. With the overturning of...
Business owners are a special breed of individuals who often endure years of financial and personal sacrifice before finding success. For many, it's important that all those years of sacrifice mean something and that a family business continue to grow and thrive after...
As with most things in life, people tend to have different views of what is and is not fair or just. Such is often the case when family members disagree about estate planning matters. When personal financial gain is at stake, personal opinions tend to be strong and...
Few people are enthusiastic about matters related to estate planning. It's an inescapable reality, however, that each of us will one day pass on. The steps we take to prepare for that inevitability, can both positively and negatively impact the lives of those we leave...
While a necessary evil, most New York residents still loathe paying taxes. In fact many people spend their whole lives attempting to avoid paying taxes on accumulated wealth. Unfortunately, even when an individual dies, they cannot escape paying taxes as tax burdens...
New York state is among the 14 states in the U.S. that legally recognize gay marriage. This number, however, is expected to grow in the coming years as more states push for the rights of same-sex couples to wed and enjoy the same rights and benefits as heterosexual...
When it comes to estate planning, there is often a lack of communication between aging parents and their adult children. Grown children may be unaware of whether mom or dad even has a will much less what requests are covered in that will. Regardless of actual...
Estate planning can be a very difficult topic for New York parents to approach. People do not exactly enjoy making plans for after they have died so it can be an easy discussion to put off. But while it is true that many people feel uncomfortable discussing what will...
