Creating a trust gives you more control and flexibility over the estate planning process, but not all trusts are created equal. As you may learn from working directly with your estate planning attorney, various types of trusts may be used to help you acco
Numerous estate planning changes may be required after you get a divorce. Some of these may occur automatically but it is a mistake to assume that all of these will be updated immediately without additional provisions. Any separation agreement in New Y
Plenty of artists and art collectors call New York City home. As an artist, you might have many different pieces that must be accounted for in your estate plan. Similarly, as a collector, there are unique considerations that influence the transfer of thes
One recent study highlights just how important it is for women to be in touch with their assets, liabilities and estate plan. The Fidelity Investments 2023 Financial Resolutions Study set found that women are more likely than men to explain their relation
There are many reasons why someone might not think about estate planning or take proactive steps to support estate planning in New York. Unfortunately, failing to plan makes it difficult to ensure that your wishes are honored. A sudden diagnosis or accide
Have you ever wanted to ask an experienced estate planning and elder law attorney anything about their areas of practice—and get answers for free? You could ask about: Wills and trusts; How to get assistance from Medicaid to pay for nursing hom
Creating a durable power of attorney is important for the creator to protect their decision making abilities and document what is most important to them. In order to prevent the possibility of someone alleging that a power of attorney is invalid due to la
No one wants their family to end up fighting in Surrogates Court over the estate plan that they created. Unfortunately, family disputes over property and money often occurs if your beneficiaries or family members who have been left out of the will or who
In addition to a Last Will and Testament (a Will), there are other tools available to you to help you accomplish your estate planning goals. One of the most popular is known as a trust. There are several types of trust, and they are not all the same, nor
Planning ahead to ensure that the vast majority of your estate does not go through probate can make things easier for your loved ones. Unfortunately, as many family members find out after the fact, probate can be time consuming and expensive, but these
