Monthly Archives: October 2023
Which Kind of Trust Will Benefit Your Young Family Members the Most?
How can you make your estate plan benefit your youngest relatives when minors cannot directly inherit money? The parents of minor children confront this question when they are trying to build an estate plan to ensure the children’s financial security in the event that the parents die while the children are minors. Grandparents may… Read More »
How to Challenge a Will
New York law gives you the right to decide who will become the beneficiaries of your estate. If you die without a will, the probate court will distribute your property to your closest surviving relatives, and only if the court reasonably determines that you do not have any surviving relatives who can be located… Read More »
New Report Identifies the Bronx as an Alzheimer’s Disease Hot Spot
Deciding who will inherit your stuff after you die is only one aspect, as are the daydreams about traveling the world and spoiling your grandchildren. An important task in estate planning is making plans that will reduce the financial and emotional strain on your family in the event that you suffer a chronic illness… Read More »
Insolvent Estates: Facing the Reality While You Are Alive
Your life is nothing like the pictures that you see on estate planning brochures. Those moonlit walks on the beach require health and wealth that you have not possessed in many years and have little hope of possessing in the future. You worked for as long as your body could tolerate it and have… Read More »
Young People Can Afford to Procrastinate Some Parts of Their Estate Plans, but Not Others
It is the middle of the night, and you are painfully aware that, one day, you will die. While you are still a youngster compared to the seniors smiling for their close ups on estate planning law websites, you are mature enough to realize that scrolling through social media or trying in vain to… Read More »