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...

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...

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...

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...

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,...