Experienced estate planning attorneys can provide a wealth of information to individuals looking to make the most out of their estate plan. However, as with any other area of law requiring specialized knowledge, good estate planning attorneys are not afraid to tell their clients where to look for additional information…
For many people with animals, those furry friends are a part of the family. We make exceptions for them to make sure that they are taken care of while we are alive, and it is not uncommon for people to include provisions in their estate planning for pet care after…
We try to provide readers with helpful tips and hints to make the estate planning process easier and more comprehensive regardless of an individual’s financial situation. Consistently, one of the most important aspects of successful and comprehensive estate planning is communication. While engaging in estate planning is an important step,…
As important as talking about estate planning is, almost nobody will tell you that doing so is easy. In fact, talking about estate planning is usually pretty difficult. We have written about many different approaches to talking to your heirs about your estate plan, but communication is an extremely important…
A last will and testament is a very important document detailing the final wishes of a deceased person and New York probate courts give great deference to the language contained in a deceased individual’s decrees. One of the limited ways interested parties to an estate can challenge the directives contained…
Once a tool for wealthy families to protect their assets when heirs got married, prenuptial agreements are now much more common in our society. Typically, such agreements cover property rights and other aspects of asset retention – but they can also set forth provisions for how each spouse will handle…
There are a number of reasons that people create joint bank accounts. Perhaps you and your spouse want to share a bank account to help simplify your marital finances. You may use joint bank accounts to help teach your children the importance of budgeting and financial planning. You may even…
In today’s day and age, identity theft is all too common a problem. In fact, the news is often filled with horror stories related to identity theft. Identity theft is a serious problem that can wreak havoc on your life, and it can also have a significant impact on your…
Unfortunately, there are many unscrupulous people in the world that will go to great lengths to take advantage of certain situations. This is true when it comes to a person’s Last Will and Testament. While you might never contemplate changing a person’s Will to suit your needs, that does not…
Once a tool for extremely wealthy individuals, trusts have gained in popularity over recent decades. Changes in laws governing trusts and the development of new approaches to estate planning have made trusts an invaluable tool for many working class families to ensure they are able to provide financial security to…