Although most of us dread thinking about our mortality, the fact remains that one day we will all eventually move on and leave other family members behind. Even if you don't own much property or assets, taking the time to create a will before you pass can save your...
A holographic will is essentially a will hand-written by a person, known as the testator, for the benefit of others after he or she dies. Old movies were notorious for using scenes of characters creating holographic wills. Perhaps you remember a Western in which a...
When you have a will in place, there is a sense that you have done the right thing. But a question arises sometimes and that question is: if you have a self-managed superannuation fund, which allows you greater control of your investments as opposed to testamentary...
The Pew Research Center reports that about 87% of adults in the United States are using the Internet and, as such, they are accumulating a vast amount of digital assets. Digital assets could include information, photos, notes and other data stored on social networking...
Sometimes, receiving an inheritance is not as easy and straightforward as it appears. Estate taxes, both state and federal can undermine the intentions behind wills and leave beneficiaries with much smaller inheritances than they thought they would receive. Also,...
When a loved one passes away, it is typically an emotional time. What can make this event even more stressful? When there are disputes over the wills. The death of a family member is not the time to be greedy, but unfortunately, there are instances in which a will...
A woman has come forward and filed a beneficiary claim against the estate of a holocaust survivor who died in 2012. The holocaust survivor died at the age of 97 and had an approximate wealth of $40 million. The man had immigrated to the United States and rose to...
Making provisions for any surviving pets can be an important, though often overlooked, part of estate planning. Even in cases where plans are made, however, things do not always go smoothly. According to reports, a New York woman left a total of $50,000 to her five...
Many people in New York use their smartphones to do a variety of tasks. The majority of people probably use their phones to communicate or send photos. However, many also shop, get directions and even make restaurant reservations. Every day new apps and uses for...
The entertainment world was heartbroken by the recent tragic death of actor Philip Seymour Hoffman, one of Rochester's own. He was 46 years old, and he left behind his longtime partner and their three children. While he left behind an indelible legacy in Hollywood,...
