Navigating Marital Trusts: Securing Your Spouse's Financial Future Embarking on a journey of blending families brings its own set of joys and challenges. In this blog post, we unravel the complexities of estate planning for blended families and explore why the Marital...
Are you amazed by how quickly time flies? As we enter a new year, thinking about making changes and setting resolutions is natural. One of the most beneficial resolutions you can make is prioritizing organizing your finances and estate plan. Many tend to procrastinate...
Starting on January 1, 2024, under a new law called the Corporate Transparency Act (CTA), owners of certain business entities must file a report with the federal government, including details regarding the ownership of their entity. The CTA was enacted to help combat...
Dianne Feinstein was the longest-serving female United States senator in history. She passed away in September of this year at 90. Elected to the Senate in 1992, Feinstein left behind a political legacy that spanned nearly 31 years. She also left an estate worth tens...
As parents, we all want to ensure that our children are well cared for and protected, both now and in the future. One way to provide this security is by using a trust. While a trust may seem like a complex and intimidating legal concept, it can be a powerful tool for...
One aspect can brighten their days even more as retirees savor the joys of their golden years-- lucrative tax deductions. According to a recent article from The Wall Street Journal, “Four Lucrative Tax Deductions That Seniors Often Overlook, " many seniors are missing...
Once you have a child, you’ve got a bundle of joy—and a lifelong commitment to caring for the child, sometimes even after they reach adulthood. What would happen if something happened to you and your partner? To be sure your child or children are taken care of, you’ll...
Want to leave assets of any kind to loved ones? You'll need to plan. In the intricate realm of New York estate planning, safeguarding your legacy requires strategic decisions and careful considerations. Several options, including a will, are used to pass wealth to...
Updating your will is not just a one-time event. It's an ongoing process that ensures your estate plan remains relevant and effective. In this article, we'll delve into the times when you should update your last will and the reasons that can make it necessary....
I want to talk to you about something most people avoid thinking about – planning for incapacity. As an estate planning attorney, I've seen how temporary or permanent incapacity can affect families, especially when there's no incapacity plan in place. With people...
The Social Security Administration indicates that, on average, beneficiaries will see an increase of more than $50 per month starting in January. The increase could be a welcome boost for those on a fixed income, though it is a smaller adjustment than last year’s...
Divorce brings about numerous financial considerations, and one question that often arises is whether you can tap into your former spouse's Social Security benefits. In this blog, we'll explore the ins and outs of claiming Social Security from a former marriage,...
