Creating an estate plan is an important responsibility that can help you ensure that your family is taken care of in the event of your death. If you’re a small business owner, this responsibility is even more important, as both your business and your family could face...
You may remember when comic creator Stan Lee began creating some of our most beloved pop culture figures in the 1960s. Lee’s popularity only grew through the years as his creations expanded to television, movies and more. In late 2018, Lee passed away at the age of...
Parents of young children usually have different estate planning considerations than parents of adult children have. One of those considerations should be who to appoint as the guardian of minor children in case both parents unexpectedly pass away. However, a less...
Some may believe writing a “last will and testament” can wait until tomorrow. But tomorrow is not guaranteed. If you don't write or help create “a will” and pass on, New York State will take over and divide the assets. The state has defined standards for dividing an...
You may feel uncomfortable bringing up your estate plan with family, and some family members may even try to change the topic when you do so. However, many benefits can come from talking with your loved ones about your estate plan.Communicating at least the basics...
For many New Yorkers, the creation of an estate plan is viewed as final with no changes necessary. Some might have taken a significant amount of time before finally crafting an estate plan to prepare for the future, but when they did they were fully prepared to leave...
In New York, there are many questions that heirs will have after the death of a loved one. Estate and probate can be complicated and confusing and it is even more difficult if there was no will. A person who died intestate might have done so because they did not...
A well-drafted estate plan should represent your wishes at the time you and your lawyer executed it. However, life can throw a lot of changes at you, and you may find that after a few years your plan no longer reflects your wishes. With wills and other estate planning...
Estate administrators are tasked with substantial, time-consuming and potentially contested responsibilities following the death of a loved one. While you may feel honored to take on the responsibility at the request of a family member or friend, the legal process to...
New York State can be a hotbed for the art scene with many people collecting valuable items. Collectibles are not limited to artwork, however. Anything can rise in value based on its popularity and historic significance. That includes sports collectibles, coins,...
