When a loved one dies, the assets of his estate are still in his name. The rights of ownership of these assets have to be
GETTING A TRUST With the trust, things are less complicated because you can pull out the specifics it needs before you’re passing that a Will
Many of the deficiencies of a trust can be overcome with the assistance of an estate planning attorney and the execution of additional estate planning
Even after drafting your will and planning your estate meticulously, many things could go wrong during probate. Probate can be a very challenging process, thus
Estates within Westchester are governed by federal estate tax laws connected with the lifetime gift tax exemption. In the year 2021 the Internal Revenue Service
Estate plans can only be achieved and implemented with only the appropriate documents with proper inclusions. It is quite easy to sit alone and make
To some people estate planning is all about creating a will that holds your wishes regarding your assets. Estate planning is more than that. This
An estate plan is not fully complete until you draft some important estate planning documents. Of course, a will is one of those documents. However,
PAYING ESTATE TAXES DURING THE PANDEMIC The pandemic has caused a number of issues pertaining to housing taxes and employment. Because of the decline of
Estate planning is a must for non-U.S. citizens in the United States as they may face some major estate planning challenges when it comes to
Not Making The Will A will is a document that explains what your final wishes are pertaining to property, who the guardian of your children
After loosing a loved one, most people end up being devastated and find it very difficult to perform certain important tasks, especially the ones related
When planning an estate plan in New York State it is important to know the terms to understand with what you’re doing. Terms like; trusts,
Pandemic The impact of Pandemic has affected humans in many ways, with quarantine and social distancing order, the pace of life has changed. While this
Estate planning Estate planning in simple terms is referred to as the manner in which you desire your affairs to be handled when you become
Retirement is one of those periods where you relax with your loved ones and engage in those things that makes you happy. While retirement remains
Several retirees suffer because they failed to plan for their retirement. What are the best ways to save for retirement? Aside from stashing some cash
What Estate Planning Includes An estate plan can provide you the essentials needed to make sure your estate and all your assets are in good
It is always suggested planning your estate as early as possible and it becomes more important if you have children. You might have planned everything
The tips on what to look for in an estate planning attorney are key on your way to hiring the best estate planning attorneys near
Inheritance tax costs can be managed by a legal professional who can be hired to manage an estate once a person has passed away. This
What is Estate Planning Trust This is simply an estate planning tool used to transfer assets to your heirs, also known as beneficiaries, after your
ESTATE PLANNING When planning an estate plan in New York State it is important to know the terms to understand with what you’re doing. Terms
Estate planning is a very important plan done to ensure that one’s assets is shared and managed according to his wishes upon his death. While
What is an S corporation? “S corporation” stands for “Subchapter S corporation”, or sometimes “Small Business Corporation.” It’s a special tax status granted by the
The requirement for disaster protection is most noteworthy from the get-go throughout everyday life. Kids are youthful and the monetary weight of supporting the family
Whether it’s expected or sudden, the death of a parent is a stressful time for most. While it’s hard to prepare yourself emotionally, there are
Most of the young families don’t think of estate planning due to various reasons like some think that they are way too young, healthy while
WHY A SPECIAL NEEDS TRUST A special needs trust can be used to take care of not only a family member but anyone else that
You don’t need to get too old to make estate plan. As soon as you become an adult you should definitely consider creating an estate
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