Estate planning, in the early stages, can be daunting, especially if you have assets that need to be divided among several loved ones. Even if you don't have a lot of money, you still need an estate plan. The truth is that if you own a home or have any real or...
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...
Chances are you've probably heard late musician Lou Reed song urging listeners to, "take a walk on the wild side", but you probably didn't know that the singer and guitarist died having an estate worth over $30 million. Now, thanks to a pair of writers who chronicle...
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...
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,...
A new survey that was just conducted shows that many Americans, in Rochester and elsewhere, do not have nearly the amount of money that it would take them to pay for a nursing home. In fact, the studied showed that a full 40 percent have not yet put anything in their...
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...
A probate trial is slated to begin in the case of the two Sterlings -- the owners of the Los Angeles Clippers team -- after it was determined that Donald Sterling's mental capacity is acute enough to continue with the proceeding. Like many New York residents, the...
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...
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...
