End-of-life planning is a crucial aspect of life that often goes unaddressed until it's too late. Beyond drafting wills and trusts, understanding the array of end-of-life documents is paramount for ensuring a comprehensive and legally sound estate plan. This guide...
Estate Planning Blog
Clean Slate: Navigating the Maze of Unwanted Subscriptions.
In the era of digital subscriptions, keeping tabs on services that automatically renew can be a challenge. However, fear not – we've compiled a guide to help you reclaim control over your subscriptions. From user-friendly tools to convenient services, here's how you...
A New Year’s Resolution to Organize Your Financial Affairs and Estate Plan
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...
How A New Act Intended To Combat Money Laundering Could Affect Your Estate Plan.
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...
How Does Estate Planning Protect Young Children?
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...
Tax Deductions for Seniors Only
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...
Using a Trust to Protect Your Minor Children
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...
The Passing of Senator Dianne Feinstein: Estate Plan Lessons for Blended Families
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...
How Does a Living (or Revocable) Trust Protect Your Legacy
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...
When to Update Your Will: 8 Reasons You May Need to Revisit Your Estate Plan
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....
How A Revocable Living Trust can Help with Planning for Incapacity
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...
What if Your Life Insurance Beneficiary Predeceases You?
Losing a life insurance beneficiary can be a difficult situation to navigate. This blog will explore what happens when your beneficiary passes away before you and how it can affect your life insurance policy. Losing a loved one is never easy, and it can be even more...