What Is Trust Administration?
Naming a trustee is not a decision you can take lightly. Trust administration entails plenty of responsibilities. It is not a job you can leaveRead More
Who Keeps the Original Copy of a Will?
Your last will and testament indicates how you want the assets in your estate distributed following your passing. It should include important details such asRead More
Who Needs a Revocable Trust?
Proper estate planning involves evaluating all the tools available at your disposal. Inevitably, you will need to consider how useful a revocable trust could beRead More
New York Intestate Succession Laws
Intestate succession can be a thorny subject because the people involved are typically still grieving while trying to sort through a complicated situation. Unfortunately, onceRead More
What Is a Beneficiary?
What is a beneficiary? That is a question you must know the answer to if you are planning your estate. Failing to come up withRead More
How Does a Trust Work for Inheritance?
Different tools, such as wills, powers of attorney, and trusts, are commonly used for estate planning. However, there is one more estate planning tool, knownRead More
Do Trusts Pay Tax?
People set up trusts to preserve their assets and ensure their easy transfer to the designated beneficiaries. For example, you can create a trust inRead More
The Difference Between Guardianship and Power of Attorney
None of us want to think about our parents becoming incapable of caring for themselves. Sadly, that is a distinct possibility for many families, andRead More
Asset Protection Planning in Long Island
Ideally, you want the assets you have amassed throughout your life to go to the people you care about the most. To ensure that happens,Read More
What Makes a Will Legal in New York State?
It is never too early to start estate planning. However, while going through that process, you may ask yourself what makes a will legal. WritingRead More