Different Types of Wills That Are Drafted In NY

Estate planning is an important and necessary step in ensuring you and your loved ones are taken care of in the future. A Last Will and Testament is one of the documents that many individuals choose to draft as part of their estate plan. In Read More …

Is a Living Trust Right For You?

Living trusts, or revocable trusts, are often established to prevent the probate process over a loved one’s assets after they die. Colloquially, it is known as a “will substitute.” A will dictates  the terms that go into effect right after you die. While a trust Read More …

What will happen if you don’t have an estate plan?

An estate plan is key to guaranteeing that all of your best interests are met when the time comes. The very first step to planning for your future pertains to making the decision to create an estate plan. This plan typically includes drafting a will, Read More …

Amending the Irrevocable Trust

The concept behind the irrevocable trust, a popular estate planning tool, is relatively simple; irrevocable trusts cannot be revoked and the assets cannot be returned to the trust’s original creator. Furthermore, most irrevocable trusts do not allow for the amendment of the trust, unless changes Read More …

A Few Special Needs Trust Planning Tips: Planning for Children with Disabilities

Caring for a child with Special Needs can be a challenging responsibility. There are many steps that you must take in order to guarantee the well being of your child in the long run. By planning a long-term financial strategy, you can provide for your Read More …