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HomeEstate Planning

Posts in category: Estate Planning

Revocable trust on a wooden desk.

The Four Biggest Benefits Of A Revocable Living Trust

April 27, 2023
by SM_Blog Estate PlanningRevocable Trust

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

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Law should know concept, The lawyer explained to the client to plan the case in court.

What Does A Divorce In New York Mean for My Estate?

March 15, 2023
by SM_Blog DivorceEstate PlanningTrust

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

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Collection of paintings of modern artists on walls of gallery

Governance Plan for Artwork: What to Know

February 28, 2023
by SM_Blog Estate PlanningGovernance Plan

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

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Shot of a woman going over paperwork with her elderly mother at home

Women Need to Consider Their Own Estate Planning Needs

January 14, 2023
by SM_Blog Estate Planning

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

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Home sales agents and buyers work on signing new homes and shaking hands.

What Is a Deathbed Gift?

November 15, 2022
by SM_Blog AssetsEstate PlanningProbate

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

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“Ask Andy:” FREE Answers to Your Estate Planning Questions

September 28, 2022
by SM_Admin Elder LawEstate Planning

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

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Durable power of attorney document

What Are Standards Of Competence Considered In Signing A Durable Power Of Attorney?

September 15, 2022
by SM_Blog Estate PlanningPower of Attorney

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

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Fountain Pen Signature.

Clarify the Intentions Behind Your New York Estate Plan to Avoid Family Fights

June 27, 2022
by SM_Blog Estate PlanningLetter of Intent

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

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Close up hand of man signing signature loan document to home ownership. Mortgage and real estate property investment

What Are the Most Common Kinds Of Trusts In New York?

May 15, 2022
by SM_Blog Estate PlanningTrust

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

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Probate text written on a diary . Testament and last will.

Some Of The Most Common Probate Problems In New York

April 15, 2022
by SM_Blog Estate PlanningProbate

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

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