The New York estate administration process can prove cumbersome and expensive. With this in mind, there are lawful ways through which a person can create an estate plan that avoids the probate process completely. There are a few important benefits that are realized by...

Establishing an estate plan is essential for residents in New York and elsewhere. Depending on the documents included in the plan, one may have to make decisions beyond who gets one at the time of his or her death. When a trust is established, one needs to appoint a...

Many people residents have thought about their estate plan and considered many options in regards to their assets and how they will be distributed upon their death. Many people have decided that a revocable trust is a good idea for their estate planning needs. There...

Individuals in New York and throughout the country can create living or testamentary trusts. A testamentary trust is included in a person's will and takes effect when he or she passes. A living trust generally takes effect during a person's lifetime, and it can be...

A typical New York resident who is under the age of 70 has up to 160 digital accounts. Therefore, it is important to consider digital assets such as email accounts, website content or brokerage accounts when creating an estate plan. An individual may opt to...

Your loved ones may have an estate plan in place, but it’s not often they outline a plan for every penny. Even if they laid out generous designs for the family, failing to account for assets in the red could lead to hard times ahead. 73% of Americans will likely die...