No matter how much wealth New York resident may have, it is important that he or she develops an estate plan. An estate plan that is tailored to a person's unique situation can provide him or her with more privacy, control and security of their legacy. In cases in...

A New York resident who has assets to share with family members, charities or associates should plan the broad strokes of their estate plan before delving into the details of the paperwork. The estate holder should establish their goals for wealth, such as funding...

A common mistake that people make when creating a trust is not picking the right person to oversee it. New York residents may prefer to have a bank or some other entity oversee it instead. These entities could have a greater ability to act as a fiduciary and have a...

New York residents who have significant assets to transfer to future generations may be lost as how to best do so. In some cases, it can be a good idea to give the money to charity. In others, it could be worthwhile to give assets to family members. Giving to charity...