More people now realize the importance of an estate plan, but some are making mistakes in setting theirs up. Common mistakes that testators make in New York are forgetting to update it and failing to recognize the full financial implications. Setting it and forgetting...
Dealing with the death of a loved one can be hard for New York families under the best of circumstances. However, issues with an estate plan can cause even more emotional and financial hardship for the family, especially if the deceased leaves behind a large estate....
In 2018, there were more than 220,000 vehicle accidents in New York state. Most of these accidents weren’t fatal, but you could experience an accident at any time. Hopefully, you’ll never experience a bad car accident. But here are some common car accidents and how to...
Writing a will can be daunting for some New York family members. It's common to want to ensure your final wishes are carried out as you desire. Consider essential factors before writing your will on a napkin. The napkin would be a legal document. However, probate laws...
Dangerous driving need not involve rare actions. Sometimes, the most common reckless actions New York drivers perform are common moving violations. As traffic citations and accident statistics will log, the number of such troubling actions can vary each year. Most...
A New York resident might create an advance directive during estate planning. An advance directive is a legal document providing instructions about a person’s critical care wishes. Also known as a living will, the advance directive comes into use when the person is...
Each year, many people in New York give back by donating to charities. Whether you're a first-time or more experienced donor, you can make mistakes during the donation process. Avoiding these mistakes helps ensure you're doing the most with your assets. Don't forget...
If you've always wanted to do some good to the world by giving part of your resources to charitable causes and keeping enough to take care of yourself and loved ones in New York, you may want to consider a charitable remainder trust. This trust lets you kill three...
Estate administrators in New York have a big job. It’s their responsibility to manage the responsibilities of the deceased person and carry out the wishes as outlined in their will. After the court grants the estate administrator approval, their first task is to...
A structured settlement is a financial agreement in which a claimant agrees to receive his or her damages in the form of recurring payments rather than a lump sum. Structured settlements are often used in personal injury cases in New York but can also be employed in...