New York residents who have individual retirement accounts can use two types of IRA trusts to protect any funds that are left to heirs. Individuals can spend IRA funds as they wish as long as they only take the mandated minimum required. However, for heirs that may...

An estate plan may give a testator more control over his or her assets after death. However, New York residents should know that without good communication, an estate plan could lead to fights between family members. A disorganized plan could also make it difficult...

New York residents who are getting married for a second time may want to consider some changes to their estate plans and how they manage their finances. For example, people should be careful about commingling their assets with a new spouse if that party is still...