Although death is a difficult subject to discuss its also a part of your financial planning obligations.
You must prepare for the inevitable. Part of planning for the future means having a proper estate plan in place. Doing so minimizes financial diff...
Estate planning involves the preparation and strategic organization of your assets for their orderly distribution. It involves all your possessions such as tangible assets intellectual property investments automobiles business interests real estate pro...
Estate planning is a crucial process that can have a significant impact on the financial well-being of loved ones. It helps ensure that hard-earned assets are distributed in accordance with personal wishes, while also minimizing tax liabilities. Even f...
Are you considering providing financial support to a loved one with special needs? It’s 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 cou...
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...
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...
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...
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 ...
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 d...
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 legall...