When it comes to estate planning most people think it is about what happens to our stuff when we get older. Few people understand that it is also about what happens to ourselves while we are still young.
As soon as we turn 18 we are considered legally...
Estate planning in New York is a very involved process. When an individual passes away their estate would have to pass through a court process before the beneficiaries can have access to their inheritance. Overseeing the inventory verification and divi...
Without proper planning for the transfer of your assets before your death or incapacitation you relinquish control over who inherits your estate potentially causing your loved ones to bear the financial burden.
Fortunately there are several strategies...
You may have heard the phrase durable power of attorney.
The critical aspect of a durable power of attorney is its enduring nature. Regardless of the type of power of attorney the term durable indicates that the POA remains valid even if the individua...
Are you considering providing financial support to a loved one with special needs?
Its common for individuals to name their loved ones as beneficiaries in a will but this approach can unintentionally lead to financial turmoil. By doing so you could in...
Estate planning law encompasses drafting of wills trusts guardianships and other documents that facilitate the transfer and management of property after death.
In the absence of a plan the distribution of a loved ones assets after death can sometimes ...
Many politicians use the words death tax to refer to a tax on your estate. This tax is the tax you pay to transfer your estate to your heirs upon your death. Its a highly contested political issue many Americans dont completely understand.
So will you...
Facing the reality of death or incapacitation may be challenging but its essential to have these conversations especially if you have young children or a non-traditional family structure. Ensuring your wishes are respected and your loved ones are prote...
Worldwide every minute 120 people pass away. Death is not something we like to think about but it is a certainty in all our lives. We dont get to choose when our time in this world ends. One minute youre there and the next someone has to carry on witho...
What happens to all your belongings when you die? Where will your finances go? Who will be in charge of carrying out your last wishes and who will take care of you before you pass away?
Estate planning IS a gift. Consider you have already taken the ef...
