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 …

Planning for the Future with Student Loans: What Young Adults Need to Know

Most people associate estate planning with elderly people; however, it is not just people with kids and retirement funds that need to plan for their future. Young adults, especially with student loans, should start establishing a plan today. When you’re young and in debt, estate Read More …

How to Contest a Will in New York: Legal Grounds & What to Do Next

Challenging a will can be a complex and difficult process. In New York, there are several grounds on which a will can be challenged or contested, and it is essential to be knowledgeable about all of them. A will may not meet its legal requirements, 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 …

Navigating the Complex Terrain of Second Marriages: How QTIP Trusts Secure Your Legacy and Family Harmony

Stepping into a second marriage brings with it a unique blend of hope, happiness, and, inevitably, complexity. Amidst the joy of newfound love, there often lay a multitude of intricacies encompassing not just the relationship of the newlyweds, but the futures of their children. In Read More …

How Does NY Tax Law Affect Estate Planning?

When planning an estate, all individuals are subject to a federal tax. However, it is important to consider the state tax laws that affect individuals in different ways depending on where they live. For example, citizens in Florida will be subject to different regulations from Read More …

How To Include People With Disabilities In My Will And Not Lose SSI And Medicaid

When deciding on where you want your assets to go after death, it is common for people to think of their loved ones first. The process of transferring your assets to your family usually happens smoothly and runs into no problems. However, for loved ones Read More …

Top 4 Issues That Can Arise During Probate or Administration

When a person becomes deceased, whether with or without a will, there is a legal proceeding that takes place afterwards known as probate or administration. The way probate works is when a testator dies, the executer, which is usually a family member, is responsible for Read More …

What Happens If You Die Without a Will?

Despite the COVID-19 pandemic causing an uprising of interest in estate plans, there was a survey in 2022 that found that only about 33% of Americans have an established will. An established estate plan does not only save time and money for your loved ones Read More …

Advantages and Disadvantages of Probate

What is Probate? Probate is a court-supervised legal process that follows an individual’s death, whereby a probate court will establish the validity of one’s will. During this process, the court essentially oversees the distribution of a person’s asset after their death. How does the Probate Read More …