Trustee, Guardian, Power of Attorney – Who Has More Power in New York?

In the world of estate planning and asset management, there are three important roles to make note of; trustee, guardian, and a power of attorney. The responsibilities that come with these roles include managing Medicaid eligibility, guardianships, trusts, and ensuring the financial stability of those Read More …

What Happens When My Child (Over 18) Passes Without a Will?

We can’t predict when it is our time to go, but one thing is certain: death and taxes persist even after we’re gone. More than half of Americans lack a will, often due to the belief that their assets aren’t significant and they won’t die Read More …

Five Crucial Steps in Planning for Ancillary Probate

The probate process can be stressful and time-consuming without the proper plan in place. The probate process can become even more stressful and time-consuming if the decedent owned property in multiple states, requiring an ancillary probate to secure the distribution of such property to their Read More …

Does My Estranged Spouse Have A Right To Inheritance?

It is the unfortunate reality that marriages can end in separation or divorce. Although separation and divorce are a natural part of current relationship trends in the United States and across the world, it is important to understand their estate planning implications. Particularly, it is Read More …

Ancillary Probate: What Is It And How Do I Avoid It?

Upon the death of a person without an estate plan or only a last will and testament as a testamentary document, their estate must go through the probate process or their will must be submitted to the Surrogate’s Court located in the county of their Read More …

Planning Your Estate After A Terminal Diagnosis

Receiving a terminal diagnosis is a devastating health outcome for a patient and their loved ones, and while it most certainly will cause dread and despair, it is important to realize that the terminally diagnosed person and their family must take certain steps to ensure Read More …

Assuring Your Family’s Financial Security in a COVID & Post COVID World through Estate Planning

How long will we be living with COVID-19? While this question might seem to apply only to the health-related aspects of the COVID-19 pandemic, it is important to note that it has also fundamentally challenged our financial lives as Americans. The decrease in consumption and Read More …

How To Access The Safe Deposit Box Of A Deceased Loved One

To ensure the safety and discrete storage of private objects, some people employ the use of safe deposit boxes. While this can be a prudent storage method, as banks and financial institutions that provide safe deposit boxes have tight security measures, the estate planning implications Read More …

How to Create an Estate Plan With Property in Multiple States

Have you been thinking about purchasing that tropical paradise vacation home you’ve been dreaming of in Florida? Or the charming countryside farmhouse with a picturesque landscape in Pennsylvania? Or how about a rustic ski cabin with a crackling fireplace in the mountains of Colorado? Over Read More …