On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 26, 2016 | Estate Planning
Choosing an executor for your estate is an essential matter and one you may find daunting. Most people put family members at the top of the list, and this is logical considering that those closest to you know the most about your intentions and the assets that need to...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 24, 2016 | Estate Planning
New York residents who are getting married for the second or third time might want to consider creating or updating their estate plan. Without a will, the state will decide what becomes of their assets. People who have children from a previous relationship or an...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 17, 2016 | Estate Planning
Angel investors in New York can take a number of steps to ensure that they pass their wealth on to their children, grandchildren and future generations. They can begin setting up trusts to share assets with their children and remove those assets from their taxable...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 14, 2016 | Estate Planning
Living wills are part of a well balanced estate plan. Those who are considering including these documents within their estate plan often have many questions. Some of the more common are listed below. What exactly is a living will? A living will is a document that...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 12, 2016 | Estate Planning
Creating an estate plan may mean deciding whether to use a will or a trust or both. A will may be best for sentimental items and items that have lower value. However, New York residents might want to consider placing their most valuable assets, including a home, into...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 5, 2016 | Estate Planning
When prepared properly, an educational trust may help New York grandparents cover the educational expenses of their grandchildren and future generations. However, there are many questions that they may need to ask themselves before creating such a trust. For instance,...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 5, 2016 | Medicaid Planning
Estate planning can be so much more than just drafting a will. Your estate plan is a way for you to manage your assets so that you and your loved ones are taken care of up until your passing. One part of estate planning that can sometimes get overlooked by...
