Category Archives: wills
What Happens if You Die Without a Will?
When Aretha Franklin passed in August 2018, the entire world mourned the passing of the Queen of Soul. Over the course of her decades spanning career, she amassed more than $80 million in assets. However, in the weeks following it was reported that she died without a will. Unfortunately, this is not uncommon and… Read More »
Frequently Asked Questions Concerning Wills In New York
At Cavallo & Cavallo, we help our clients protect assets and provide for family members in the event of the unexpected. A will is one of the most basic yet important types of estate planning documents you need to have, as it outlines your wishes in terms of who will inherit and how property… Read More »
Three Mistakes to Correct In Your Will
Drawing up a last will and testament plays a fundamental role in even the most uncomplicated of estate plans. It can help avoid time consuming and costly probate hearings while ensuring your loved ones are taken care of and that any property or assets are distributed according to your wishes. However, for a will… Read More »
Why You Need an Experienced Attorney to Help with Writing Your Will
Having a valid will and other estate planning documents in place is important to protecting your loved ones and ensuring they are provided for. While no one enjoys contemplating their own mortality, it is important to recognize that not having one could cost your closest family members and friends both time and money in… Read More »
Five Tips For Creating A Will
While having a will is one of the first and most important steps you can take in estate planning, it is something that many people tend to avoid. The following outlines five simple tips in creating a will to ensure both you and your loved ones are protected. Considerations When Creating Your Will According… Read More »
Choosing An Executor For Your Will
Creating a will is a basic element of estate planning. In addition to making sure your will meets all legal requirements in the state of New York, you will also need to name an executor who will file it in court in the event of your death. Choosing the right person to handle the… Read More »
What Happens If Your Will Is Contested?
Without a properly drafted and executed last will and testament in place, your property and assets are subject to the rules of intestate succession. This process goes up and down through your genealogy, distributing to your spouse first, then to children, then parents, then any siblings. While you may wish for some of these… Read More »
Requirements For Making A Will
Planning for any unexpected circumstances is key to protecting your loved ones as well as your assets. The start of a new year is the perfect time to look at your estate planning documents, making any additions or updates necessary. These documents help to ensure your family and friends are provided for in the… Read More »
Having ‘The Talk’ With Your Family Over Your Will and Estate Planning Documents
The holiday season is a time for many family members to reunite together, to share traditions and to talk about family memories. While most families are uncomfortable with discussing end-of-life plans, now may be the perfect time to have ‘the talk’. Discussing your will and other estate planning documents does not require somber surroundings… Read More »
Estate Planning Documents Every College Student Should Have
Getting ready for your children to head off to college is an exciting time. It can also be rather stressful, both for you and for them, as you attend to details such as dorm accommodations, meal plans, and last minute tuition payments. While it is easy to get embroiled in the emotional aspects of… Read More »