Estate planning is something you hadn't been thinking about. After all, you're only in your mid-20s, and you have a lot of life left to live.Unfortunately, there is no way to know when you could fall ill or pass away unexpectedly. Many people are caught off-guard by...
You're unwell, and you've known for a while that your time was coming. You didn't have an estate plan in the past, and you know that it's a good idea to put one together soon.You're worried that your current health will make it hard to create a will and estate plan...
It can be hard to think about your health going downhill or your eventual death, but it's essential to do so in order to put together an estate plan. Your end-of-life needs and wishes can be met, but you need to establish what they are and make sure that others are...
For estate tax planning, one thing you may be interested in is a 529 plan. This is a plan that is designed to help reduce state and federal estate taxes. According to Section 529 of the Internal Revenue Code, no amount of money can be included in your estate for the...
An estate plan should be a reflection of your life, your wishes and your intentions. With an estate plan in place, you're establishing rules for how you want to have your assets handled and giving instructions on how to handle situations where you're injured or unable...
Are you a snowbird? Do you love to travel south in the winter but always call New York your home? If so, you need to remember to plan for this in your estate plan.Living in two states, either with two homes or rental properties, can be exciting. It can also be a...
You had enough on your plate trying to decide how to divide your estate and figure out who will receive what assets after you pass away. Now, you face the daunting challenge of choosing someone to serve as the executor of your estate. You probably see pros and cons in...
Creating an estate plan is a feat. Only a small percentage of adults in New York, and nationwide, take the time to draft a will for the protection of their heirs and assets. However, the existence of a will by itself may not be enough to avoid conflict among your...
Estate planning is an extended process. While many people think it's only about putting together a will, estate planning is actually something that should take place over time, so that you can have a will, trusts, guardianships and other legal documents in place to...
Estate planning is something that you probably don't think about much if you're young and don't yet have a family. Despite this, it's always smart to start planning your estate as soon as you can. You may just be starting out in your career or have purchased a home...
