On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 23, 2018 | Estate Planning
Even people who are careful during the estate planning process can overlook certain things. For example, New York estate planners should make sure to avoid common errors such as failing to fill out beneficiary designations. Assets such as life insurance policies and...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 22, 2018 | Firm News
At the time you created your estate plan, you undoubtedly felt that you had accomplished a great deal. You probably put the documents away in a safe place and went on with your life. In the years since a lot has happened. You and the members of your family have...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 15, 2018 | Estate Planning
Some people in New York who are creating an estate plan may want to incorporate philanthropic planning into their estate plan. This can be beneficial to families, can be a good tool for wealth management and can also be a way for a person to create a legacy. First,...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 9, 2018 | Firm News
As you enter middle age, you begin to raise your own family or pursue the pinnacle of your career — or both. Your thoughts are likely quite focused on your goals, not those of your elderly parents. However, it is important to talk about the issues that will affect...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 8, 2018 | Estate Planning
An estate plan can be beneficial in reducing and keeping tax bills to a minimum. However, New York residents and others may benefit from estate planning in other ways as well. For example, it allows a person to organize important documents and other items that may...
On behalf of McMahon Law Firm, Attorneys and Counselors at Law | Oct 1, 2018 | Estate Planning
A well-developed estate plan provides peace of mind and reduces the risk of family disputes. Sometimes, only a simple will is needed to dispose of estate assets. In other cases, however, the estate plan might include trusts, powers of attorney, life insurance policies...
