Are you a retiree concerned about protecting your legacy? Ensuring your loved ones receive their inheritance smoothly can be daunting. Revocable living trusts offer flexibility and peace of mind, making them a valuable tool in estate planning. Let's explore how these...
Like so many families we meet, you may be wondering whether to create a will or a trust-based estate plan. At our New York law firm, we sit down with families just like yours to walk through this important choice. Most families - about 7 out of 10 - end up choosing...
The intricacies of New York trust taxation shape how individuals and organizations manage their assets and plan for the future. Navigating New York’s complex tax framework requires understanding its specific rules and requirements, which impact trustees,...
Protect Your Family’s Future with a Solid Estate Plan Life in New York City moves fast, and planning for the future can feel overwhelming. Our trust and estate attorneys help families protect their assets and ensure their loved ones are taken care of. With years of...
A living will is a document that allows you to express your wishes for medical treatment if you become incapable of making decisions about your medical treatment due to illness or injury. In New York City estate planning,...
Handling a loved one’s estate can be tough, especially when legal documents like Letters of Testamentary are involved. The probate process in New York can seem overwhelming, but understanding the necessary steps can help ease the burden. This guide on 'How...
Moving business interests into a trust helps owners protect their legacy and create a clear path for succession. This guide walks through the process, benefits, and considerations of transferring various business structures into a trust. How Do I Transfer My Business...
The strategic use of gifts can significantly reduce your estate's tax burden while benefiting your loved ones during your lifetime. With proper planning and timing, you can transfer substantial wealth while minimizing exposure to both federal and New York estate...
Estate tax planning requires sophisticated strategies to protect your wealth and ensure it passes efficiently to future generations. Trusts stand as one of the most powerful tools in this effort, offering both tax advantages and asset protection benefits....
Estate planning can seem overwhelming, especially when it comes to understanding the various types of trusts available. A trust is a fiduciary arrangement that allows a third party (trustee) to hold and manage assets on behalf of beneficiaries[3]. Whether you're...
Want to transfer property without probate in New York? The new Transfer on Death (TOD) deed law may be your solution. This guide walks you through everything you need to know about NY TOD deeds and how they can help you pass property directly to your loved ones. What...
Why is a Digital Estate Plan Important? In today's digital age, the digitalization of estate planning is crucial as a significant part of our lives and assets exist online. This article will explore the importance of including digital assets like social media...
