Probate is a legal process undesirable to many. Because of its costs, hassles, and lengthiness, many people seek ways to avoid or minimize it. And
What is Estate tax exemption? When a person dies leaving valuable estate, the estate may be charged a tax known as estate tax. Notably, not
Just as an individual is charged personal income tax, their estate will still be charged for the income they earn during probate. Of course, a
Not planning for your minors While your adult children can inherit, your kids below 18 cannot. So if you’re leaving assets for that 15 year
What is generation-skipping Transfer? There is generation skipping when an individual transfers assets by gift or inheritance to a beneficiary who is at least 37.5
They ensure your estate plan says exactly what you want it to say While you can mean a thing in your heart, the way you
When someone dies in the United States, there are several types of taxes that may be charged on their estate. Taxes can take up a
Will A will is the simplest and most popular estate planning document. On your will, you name your beneficiaries and what portions of your estate
Not all estates are taxable. But during estate planning, you should always consider if your estate will be subject to any form of tax when
Our estate planning attorneys serve Buffalo NY 14265 and are willing to give you all the assistance you need. When you come to us, our
