Category: Last Will & Testament
10 Frequently Asked Questions about Setting Up a Will
For most of us, planning for what happens to our possessions after we leave this earth is not a top priority. At least this would be the impression you might take away from the fact that 6 in 10 American adults have never taken the time to create a will or living...
Living Trust vs. Will: A Look into the Best Choice for Your Situation
58% of Baby Boomers (ages 53-71,) and 81% of those 72 or older have a living will or trust. They already see how smart it is to begin planning for the fact they will not be around forever. Likely this planning is tinged with years of experience...
Reasons Why Having a Will is Important
A Last Will & Testament is a valuable document that your family will benefit from when you die or if you become incapacitated at some point. Your will can communicate how you wish your family to be taken care of, your assets to be managed/distributed, and even which charities will benefit from your...
Understanding the Different Types of Wills
In the basic sense of the term, a will is a document that is made up by a person, or several people, to spell out how final affairs should be taken care once they have passed away. Each will must meet a set standard that is determined by the state in which a...
Wills, Trusts, & The Estate Planning Process in New York
Estate planning is the processes of anticipating and arranging for the distribution of an Estate. Your estate is anything you own including: physical assets, intellectual property, investments, vehicles, business interests, real estate, and more.
The estate planning process is how we help clients minimize...
Living Trust vs. Will: What’s the Difference? Which Is Right for You?
Planning for death or incapacitation can be a difficult subject to discuss. If you have young children or a non-traditional family, it's one conversation you can't afford to avoid.
A will or living trust makes arrangements for your estate and medical concerns in the event you cannot manage them yourself (death...
Protect Your Assets: 5 Important Things to Remember When Writing a Will
Everyone knows the importance of writing a will to protect their assets after they pass on. Fewer people actually do anything about it. A survey conducted by Caring.com in 2017 found that 60% of U.S. adults have no will or another form of estate planning in place.
Making...