Can You Change or Cancel an Existing Will in NY?

A will is a legal document that serves to outline your wishes in regards to how you would like your children to be cared for and the distribution of your assets upon your death. This document is imperative in guaranteeing that your wishes and best Read More …

10 Essential Estate Planning Steps for 2021

Tips 1&2- Prepare for Your Future by Drafting a Will and Selecting an Executor Drafting a will is essential to the distribution of your assets upon your passing. This document gives you the ability to decide exactly how your estate will be managed upon your Read More …

How to Discuss Estate Planning with Your Loved Ones This Holiday Season?

How to discuss estate planning with your loved ones this holiday season? With the holiday season coming around and the gathering of family members you probably have not seen in quite some time, it is the perfect time to discuss estate planning for the future. Read More …

Why do Rich Young People Die Without a Will?

Young Individuals Seem to Believe Life is Endless: Young members of society are constantly focused on the present and the upcoming near future. It is highly unlikely that a 30 year old has begun planning for his potential death. In fact, many young individuals follow Read More …

8 Most Frequently Asked Estate Planning Questions

When planning for the future, there is quite a lot to consider in terms of legal and medical documentation. With the coming of age, a will, healthcare proxy, and power of attorney become imminent in your journey into the future. In order to ensure that Read More …

What Happens If I Die Without A Will?

If an individual passed away without having a will, the person is considered to have died intestate. Once this occurs the intestacy laws in New York will decide how the decedent’s property will be distributed. Without a last will and testament, the surviving spouse inherits Read More …

Can A Beneficiary Witness A Will In New York?

Witnessing a will in New York means that if a will is ever contested, the witnesses have the ability to testify about the procedures that were completed during the execution of the will. Any bequest (the action of giving assets to individuals or organizations using Read More …

Will A Living Trust Avoid Probate?

The process of probating an estate is notorious for two main reasons: 1) taking several months up to several years to complete and 2) eating up a considerable chunk of the estate in the process. That being the case, one of the primary reasons that Read More …

What You Need To Know About Probate & Administration During COVID-19

My father died during COVID-19 without a will and left a house in Brooklyn, NY worth $700,000, do I need to go through probate to get the house now? When any family member dies intestate, or without a will, you don’t go through probate to Read More …

Got A Tuition Refund? Take These 3 Steps To Make Sure You DON’T Overpay In Taxes

With the coronavirus pandemic causing the migration to online learning for some schools (and complete closure for others), many students and parents have received or partial refunds of the money they paid for tuition and on-campus housing. While certainly appreciated by students and parents alike, Read More …