There are a variety of ways that a person can set up their estate plan in the state of New York. These options allow them to protect the future of their assets depending on what their personal desires are and what they are leaving behind. One way that this can be done is with the […]
Read MoreIt is important to be prepared for any possible outcomes of your future, as it is impossible to know exactly what will happen. While no one wants to consider the idea that they could become incapacitated in the future, there are two main reasons as to why everyone should have a plan in place for […]
Read MoreIt is important to update your estate plan after major life changes, such as divorce. In most cases of separation or divorce, spouses usually do not want their soon-to-be former spouse in a position of power in their life. In these situations, there are certain estate planning decisions that should be made. Continue reading to […]
Read MoreMany people choose to set up a trust when they are creating an estate plan. This allows them to protect their wealth from taxes when passing them onto a beneficiary, thus maximizing their worth. This is done by appointing a third-party trustee to manage the assets on behalf of a beneficiary. There are many different […]
Read MoreThere are many myths surrounding the idea of estate planning that can cause a person to procrastinate creating theirs. However, creating an estate plan is one of the most important things a person can do for themselves. Continue reading to learn about the most common estate planning myths and the truths behind them. A Will […]
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