Proper planning for your children's future, and for those charities that you are involved in, is important to most of us. It can be confusing because you want to do it correctly so that if there is an issue, it can be easily solved and the right people will receive...
It's not fun to think about you and your spouse passing away while your child is still a minor, but it's something you have to think about in order to provide the best possible life for that child. This is something that people often put off or avoid because it makes...
When you pass away, you will want to ensure that your assets, property and special possessions go to the right people or organizations. Setting up a will now can save your children a lot of work and headache. In New York, the statutes require mostly the same things...
Sometimes when a person dies, the relatives of the deceased may not agree with the terms or conditions that have been set forth by the decedent's last will and testament. Perhaps the first step in determining whether a will can be contested is to first understand the...
When a person dies in New York, decisions have to be made regarding the distribution of his or her assets. The New York Surrogate's Courts are tasked with ensuring that a decedent's estate is properly distributed amongst his or her beneficiaries. Typically, this is...
The formation of a will is perhaps the single best thing you can do to protect your assets prior to your death. Currently, New York State recognizes a person who dies without having formed a will as "intestate." If you are deemed intestate after your death, any assets...
Getting a will in place that you have thoroughly thought about can give you peace of mind that will allow you to enjoy your remaining years without fretting over what may happen if you pass without your final wishes being met. Even young people need to be thinking...
Every estate planner's worst nightmare is to have his or her circumstances change before death, without having enough time to update his or her will and estate plan. A lot goes into a well-designed estate plan and sometimes individuals just let their wills and trust...
When a loved one dies and you expect to be included in the inheritance, it can be quite a blow to discover that you are not in the will. It may come as a shock and you may not know what steps to take because you are grieving the loss already. Contesting a will is not...
During the next 30 to 40 years, the baby boomer generation is expected to leave approximately $30 trillion worth of inheritances to their children. These individuals will want to prepare their wills and estates the right way in order to limit the possibility of...
