Blended Family Estate Planning in New York and What You Need to Know

The rise of blended families in New York has led to some estate planning difficulties that an ordinary estate plan may not be able to cover. The term “blended family” means a family where the parents have had children from other marriages before and/or in Read More …

New York 2027 Pied-à-Terre Tax: What Second-Home Owners Should Know About Estate Planning

In July of 2026, New York City’s new Pied-a-Terre tax took effect. The new Pied-a-Terre tax, also known as the non-primary residence property surcharge, went into effect on July 1st, and targets luxury second homes. Under the law, the owners of high-value residential properties that Read More …

Medicaid Asset Protection Trust (MAPT) in New York: How It Works

A Medicaid asset protection trust is an important estate planning tool that can help Medicaid applicants qualify for Medicaid and help protect assets from Medicaid estate recovery. The trust is irrevocable and should be created in advance because, for assets to be excluded from Medicaid’s Read More …

How to Handle Surprise Heirs and Late Estate Challenges

Even with the most thought-out, thorough, detailed estate plan, failure to anticipate surprise heirs and challenges can completely throw your plans into disarray. Not considering the possibility of having a distant relative or an estranged child who can make a claim that challenges your decisions Read More …

Can I Put My Crypto in a Trust?

How to Protect Your Digital Assets  As technology advances rapidly, every sector of society is evolving—especially when it comes to wealth management. Cryptocurrencies and digital assets are growing in popularity, introducing new complexities and challenges to estate planning. Unlike traditional assets, crypto holdings are password-protected Read More …

Avoiding Medicaid Mistakes: How to Stay Compliant and Protected

Given the high cost of living in New York, many residents look to apply for Medicaid to help cover the overwhelming costs of long-term care. However, many applicants are unaware of how critical it is to accurately complete the application forms. Even minor mistakes, such Read More …

The Rise of AI Scams: How to Defend Seniors Through Estate Planning

As artificial intelligence continues to become more powerful and accessible to all, many individuals are becoming increasingly skilled in using AI for their benefit: scammers are now utilizing this technology to steal personal information or money through voice cloning, lead investment scams, and act as Read More …

Married to a Non-Citizen in New York? Here’s How to Secure Their Inheritance

Love knows no bounds, and in a state as diverse and dynamic as New York, it’s common for marriages to cross national and cultural lines. If your spouse happens to be a non-citizen of the U.S., you may be wondering what challenges could arise if Read More …

10 Essential Estate Planning Steps for 2024

Today is the perfect opportunity to make decisions concerning your future. The simple actions involved in estate planning only require a handful of legal documents and a minimal time commitment. Here are ten simple tips to ensure that the estate plan that you draft in Read More …

A Step-by-Step Guide to Navigating Estate Planning as a Small Business

As a small business owner, you have invested countless hours and exhibited unwavering dedication in meeting and exceeding your goals. It is no secret that creating and managing a small business is an extremely difficult and impressive feat deserving immense admiration. You have overcome many Read More …