Estate planning helps ensure that you and your loved ones will be protected no matter what the future holds. In our blog, we discuss the elements of an estate plan, how an estate plan prepares for possible illness or incapacity, what you can do to leave a lasting legacy for your loved ones, and much more. For answers to questions about your specific estate planning needs, please contact our office to request a free initial consultation.
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Importance of Having Your Financial Information In OrderIf you prepare and organize your financial information for when you are no longer capable, it will bring peace of mind to you today and relieve your loved ones' burden in the future.
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How might estates be affected under proposed changes to Estate tax rules?The Biden Administration may make meaningful changes to the tax treatment of assets in estates, affecting many estates.
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Things to Consider Before RetirementRetiring requires thoughtful planning to avoid needless surprises that can mean the difference between financial success or financial stress
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These Are the Top 6 Questions Your Attorney Will Ask When Drafting Your WillKnowing the right questions to ask while making a will is critical in keeping your family protected and ensuring your wishes are honored.
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Issues with DIY Estate PlanningA Common question we hear is: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan?”
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Life Estates : The Potential ProblemsThis article discusses life estates, an often used planning tool, and the potential problems they may create. Our estate planning attorney explains more
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Revocable vs. Irrevocable Trusts: Understanding What They Are and Their DifferencesThis article will describe the difference between a revocable and irrevocable trust so that you can make the best estate planning decision for your personal situation.
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Living Trust vs. Will: Understanding These Estate Planning Tools and Which to ChooseHere is a comparison of a living trust vs. will, as well as what these estate planning documents are best for and how they differ from other legal strategies.
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What Is a Living Will, and How Does It Compare to a Standard Will?Here is some information about the difference between a will and living will and also the purpose of a living will should you choose to create one.
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The Basics of Generation Skipping Tax and How it Affects Estate PlanningThis article will explore what the generation-skipping tax is and how it works in the estate planning process.
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How to Choose a Guardian for Your ChildThis article will discuss the importance of appointing a legal guardian for a child and how to make someone a legal guardian in New York.
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What Is a Codicil, and How Is It Used to Change a Last Will and Testament?Here is an overview of what using a codicil for updating your will entails and where to turn for legal help to change the details of your will.