When doing estate planning, one is likely to think about probate. You must have heard or read that when you pass away, your estate would
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 are revocable living trusts? A revocable living trust, also simply called a living trust or revocable trust, is a legal relationship whereby the trustor
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
Estate gifts are simply what they imply. They are money offered to family members and loved ones by the owner of an estate. Offering gifts
Navigating Your Legacy: Expert Estate Planning in New York City Indeed, securing your future and the well-being of your loved ones requires a thoughtful and
1. Estate planning protects your loved ones Gone are the days when estate planning was only for high net worth individuals. Now, even the middle
What is Estate Planning? It is important that you have little knowledge of what an estate plan is before you consider planning one. You can’t
When it comes to estate planning, people end up falling victim of certain mistakes. A mistake can be so costly such that it plunges the
Estate planning is all about making necessary plans in preparation of one’s death. This plans re usually made with the aid of some important documents
Estate planning attorneys bring so much to the table. They can help you provide coverage over your estate situation and goals. Whatever your family situation
What is a Trust? A trust is like a legal vehicle created by a grantor who places the assets in the trust in the care
Estate planning gives you so many benefits. Through estate planning, you can secure the financial future of those who depend on you right now. When
When an estate owner dies the job of a trustee begins. A trustee is usually charged with managing and protecting assets placed in a trust
It’s disheartening thinking about a time when you will no longer be around for your loved ones. But death is inevitable, and the best we
Probate Is a stressful process, for the estate beneficiaries and the executor. So, it wouldn’t be surprising if an estate executor decide not to go
At our estate planning law firm NYC, it’s our desire to help you achieve peace of mind. This peace of mind comes with knowing you’d
When a person dies, their estate is usually shared according to their will. In the event that the individual failed to create a will before
It’s important that you get an estate plan that covers all your needs, even those you didn’t know you have. Your family situation may be
After the death of a testator (the owner of an estate) the individual’s estate undergoes probate. This process, which is usually expensive, time-consuming and stressful,
Our estate planning attorneys are here to offer you the services you need. From preparation of your wills and trusts to asset protection and estate
Over the years, estate planning has turned out as one of the most important plans one can make while alive. Thanks to this plan, several
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