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Estate planning is a vital process every adult with loved ones needs to consider and involves more than you might imagine. While a will is a vital document it is far from the only one you need to prepare. If you have minor children, ensuring their care after your...
If you are new to estate planning, you might not be familiar with the role of an executor. An executor is someone who will administer your estate after your death. A relative might even ask you to serve as an executor someday. Not all estate proceedings are the same,...
Writing your estate plan already takes a massive amount of time and effort. Reviewing it can also seem like an enormous task. This is why many people, perhaps including you, continue to put off estate plan reviews. But if there was a way to streamline your review, it...
When you have multiple children, an estate plan might feel tricky. How do you divide your assets without breeding resentment? According to AARP, talking with your kids ahead of time can ease some of the stress. Start a discussion You should plan for disagreements....
If you will use a surrogate in New York to have a baby, you should be aware of the law concerning requirements for your will. The New York State Unified Court System explains the legalization of gestational surrogacy in 2021 brought with it some strict standards. Will...
While learning more about probate in New York, you learn how time-consuming and intricate the process often becomes. How do you avoid putting your estate and beneficiaries through probate? Forbes offers tips for sidestepping the legal procedure. Take steps to ensure...
When you get into an accident of any kind, there are some things that you simply can’t avoid. You will have to deal with doctors, police reports and insurance; mostly, you’ll think it’ll be simpler to just do it yourself. But simple doesn’t always mean easy or...
Being an executor for a person's estate is a major responsibility. That is why you must make the decision carefully, as the person you choose will be responsible for handling many important tasks. According to Kiplinger, there are certain traits one must have to...
From online banking to social media identities to cryptocurrencies and more, the digital landscape plays a role in most people's lives in some way shape or form. When creating or updating a robust estate plan, a person should take all digital identities and assets...
It goes without saying that a great deal of emotion accompanies the death of a loved one in New York. Yet while most of that may be grief, there may also be a fair deal of tension felt amongst you and others who may stand to benefit from the decedent's estate. You may...