Each state has its own laws about wills. When you write your will, you must ensure it complies with New York state laws. Review these regulations to confirm that the state will find your will valid and follow its provisions. Purpose of a will New York allows you...
Wills
Do not let these 4 excuses keep you from writing a will
Like many New Yorkers, you go to work every day to support yourself and your family members. With hard work and some luck, you have been able to buy a house, save for retirement or invest in a meaningful collection. While you enjoy your quality of life currently, you...
What are common myths about probate?
Probate is a word that people tend to associate with something negative. It is the legal process a will goes through that proves its validity and then oversees the administration of an estate. It is not something to fear, as it is something the court uses to protect...
Where to store a will
There are many different documents an individual needs to complete their estate plan. One of the most important for those not concerned about going through probate court is a will. The will details who gets what and how much. Some people also attach a personal letter...
Why advisors matter when writing a will
You have probably heard about families that fall apart after a strong mother or father figure passes away. At , we know that there are many unavoidable emotional issues involved in most estate matters. While there is no escaping...
Reevaluating one’s estate plan is a critical part of divorce
When people are getting divorced from their significant other in New York, their thoughts are often immediately consumed with decisions regarding their assets, child custody and alimony requirements. However, many people overlook the importance of reevaluating their...
How to discuss the topic of a will with a parent
A last will and testament can do a lot to make the inheritance process easier, but it is not a guarantee since some wills are still contested in a New York court. Sometimes beneficiaries feel that have been slighted in the will, either because they did not receive...
What should be included in a will?
What you include in your will is really based on your personal situation. For example, if you are married, then the assumption is that everything you own jointly will go to your spouse. Also, the custody of your children will go to your spouse. However, if you are...
Holographic wills and New York law
We use personal computers for drafting documents so commonly that it may not occur to us to handwrite a legal document, such as will. Yet every now and then, we may wonder if state law will recognize a handwritten will, since at one time people did not have access to...
What is a living will?
While you may understand what a last will and testament is, there is another type of will that you may not know about. This is the living will, which is defined by the New York Attorney General as a legal document in which you leave your directions for how to care for...