New York Estate Planning & Elder Law BlogThe rise in the number of divorcees in New York as well as the rest of the country has led to a larger amount of blended families. While similar in many ways to traditional families, blended families face some unique estate planning challenges. This article reviews some of the most important issues that blended families […]
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Things You Should Know Before Your Writing a Will
Many people fall into the trap of thinking that wills are only for the wealthiest individuals. Other people falsely believe that because they are young, there is little to no reason to write a will. In reality, life is overwhelming and unpredictable. As easy as it is to assume that estate plans are for other […]
Ways to Reduce the Risks of Probate Litigation
Disputes involving conservatorship and guardianship fall under the purview of probate litigation, while trust and will debates also fall under this category. The best approach to not mitigating the risk of probate litigation is to plan. Your plans may very well include comprehensive estate plans as well as measures to resolve incapacity issues and documentary […]
Considering Using a Will vs. Trust in Your Estate Plan
Many people were forced to think about how to adequately manage their estates in 2020. While a will and last testament was for many years the most common estate planning, trusts have grown in popularity. As part of a will, a person must specify how his or her properties should be distributed after that individual […]
After the Covid-19 Pandemic: Making Sure You Have the Critical Estate Planning Documents
With the increasing availability of the COVID-19 vaccine and the rate of COVID deaths dropping in New York, it’s a good idea to be optimistic about what the future holds and to take some time to review your estate plan. While some people need to start from the beginning, others simply need to revise some […]
What Makes Estate Planning Critical
Many people associate estate planning with the extremely wealthy, but in reality, most people benefit from creating a strategy for how their assets should be handled. Anyone who has anything to leave behind needs to create an estate because an estate plan will function as a guidebook for how anything you leave behind should be […]
Saving Wakanda: Estate Planning Lessons from Chadwick Boseman
One of the most undesirable situations in the field of estate planning is a person becoming incapacitated or passing away without the proper estate plans in place. To die intestate means that a person passes away with no legal will. This means that if a person intestate, the distribution of that person’s assets is […]
Important Estate Planning Issues if You’re Moving Abroad
The Covid-19 pandemic has caused some people to leave the country. There also many other reasons why people choose to take residence in a foreign place including job opportunities or to live closer to loved ones. If you’re planning on moving out of the country, it’s critical to understand some potential estate planning implications. […]
3 Facts about Estate Planning Challenges After Mayberry
In the 2020 case, In the Estate of Mayberry, a Texas court ruled that the common-law wife of a deceased individual who died interstate lacked standing to remove the deceased’s daughter as an independent administrator. The court’s ruling was based on the perspective that the deceased’s daughter was not an “interested” party following a […]
3 Details to Remember about Signing Estate Plans Remotely
The coronavirus pandemic has substantially altered the way that we engage in business. There are, however, ways to sign estate planning documents remotely without needing to be in close proximity to anyone. To better prepare you for navigating the estate planning process remotely, this article reviews some important details that you should remember. […]