Choosing who or what group in New York is best suited to manage your finances after your pass is always a tough decision – and all the more so when complicating factors are present. Deciding whether to appoint family members as fiduciaries In many cases, it might make...
Most New York residents recognize the importance of preparing end-of-life documents, but some may not know the steps they need to take to get started with estate planning. People who take the time to work through this process, including the preparation of wills,...
People nationwide, including New York, may think that estate planning need not be considered until they are middle-aged. However, the best time to draft wills, trusts and other documents is as soon as they are legally regarded as adults after turning 18. Estate...
When parents in upstate New York do estate planning, they might have questions about nominating guardians. Suppose someone who is the ideal person to be the guardian of a child is not good at managing finances. Likewise, the best choice for an estate guardian might...
Thinking about estate planning usually is not high on many individuals' to-do lists in New York. However, creating wills is critical for ensuring that their assets are protected down the road. Here are a few tips for making the most of the estate planning process...
Many people in upstate New York may not understand that estate planning has various benefits while the testator is still alive. Although wills, which form a part of estate planning, ensure that the deceased person's wishes are honored, other aspects of the planning...
When New York residents consider their estate planning, going the online route might seem simple and easy, but the consequences could be significant. The ease of the online process often makes people lose sight of the fact that each person's unique needs cannot be...
Sometimes, in certain circumstances, people in New York who have not engaged in estate planning choose to go with low-cost do-it-yourself options. Digital estate plans are easily accessible and promise to save attorney's fees. However, none of those digital wills...
While some New York residents choose to show their love on Valentine's Day with roses and chocolates, estate planning advisers suggest different ways to express their care for those who will be left behind after their deaths. Establishing wills and trusts, if done...
According to financial advisers, the sooner parents in New York and elsewhere learn about the special needs of their child, the sooner they can start planning to ensure the child's financial future is protected. Too many parents think this matter can be addressed in...
