Important Estate Planning Questions Every Parent and Retiree In New York Should Ask Estate planning is a crucial step for parents and retirees alike, ensuring that your assets and wishes are respected after your passing. With the complexities of New York state laws, it’s important to be informed and prepared. The estate planning attorneys at […]...
Many young families shrug off estate planning, and the excuse is always that they are too young for it, not at risk, or can’t afford it. However, many are still troubled with the possibility that they could pass away, leaving behind their dependent spouse or children. While no one expects to die at a young […]...
Most people have assets such as a car, a house, real estate, investments, and more. Unfortunately, many people don’t make a plan for what will happen to those assets once they pass away. Although they may want to ensure that their loved ones receive them, it might not happen unless you create a legal, documented […]...
Estate planning is important for everyone, and especially single parents. While estate planning is primarily defined by deciding on asset distribution, single parents have different concerns from married couples. One of their main concerns is usually their children’s security. So, if you are a single parent in New York and wondering how to develop a […]...
After passing away and the will is approved for probate, your will’s executor steps in your shoes. An executor is someone who performs all the legal tasks on your behalf. Legal tasks include property sales, paying creditors, executing lawsuits, asset distribution, and reviewing medical records. An executor’s job is vital, so you need to choose […]...
Contrary to popular belief, an estate is not a white mansion with columns out front and acres of farmland and cattle. Everything that you own, from your car and house to your clothes and pets, is part of your estate. When you pass, something has to be done with your estate. This is where estate […]...
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