Estate planning in New York is essential for the efficient settlement of a decedent’s estate. The New York Probate Lawyer Blog has published many articles regarding planning an estate. The various documents which may be prepared as part of a plan include a Last Will and Testament, Living Will, Health…
Articles Posted in Estate Planning
A Mere Promise to Make a Gift in a Last Will is Generally Unenforceable
The probate of a Last Will and Testament is essentially the procedure by which a Will is validated by the Surrogate’s Court. The New York trust and estate laws contain many provisions which are intended to protect the sanctity of a Will and insure that the intentions of a decedent…
A Last Will and Testament and Revocable Trust Executed Out of State May Be Valid in a New York Proceeding
The preparation and execution of estate planning documents typically occurs in the State where a person maintains their primary home. Such location is referred to as a person’s domicile. Domicile is distinguishable from mere residence. Someone can have multiple residences, but can have only one domicile. Estate planning papers can…
The Provisions of a New York Will Can Only be Reformed by the Court if Found to be a Mistake or Create a Negative Tax Result
Estate planning in New York is important for the proper disposition of a person’s assets. Planning an estate encompasses a broad array of considerations. The New York Probate Lawyer Blog has published many articles on this topic. Initially, the preparation of a Last Will and Testament is the central document…
Be Careful When Attempting to Modify or Alter a New York Last Will and Testament
Estate planning in New York involves many different aspects. Initially, a person needs to consider and develop the manner in which an estate is to be distributed. Decisions need to be made concerning the various beneficiaries who are to receive distributions. Also, the amount of payment to each beneficiary under…
Choosing a New York Executor or Other Fiduciary – Some Considerations
Estate planning in New York is important for many reasons. Primarily, when a person plans their estate, they are ultimately creating documents and situating assets to reflect their intentions regarding the ultimate disposition of these items. Nowadays, estate planning is often viewed as a broader topic and includes papers that…
Estate Planning When There is a Divorce
Many articles have been written about New York estate planning when a couple is considering or entering into a divorce. The New York Probate Lawyer Blog has published a number of articles on this topic in the past. However, it is important from time to time to review this information.…
Choosing a New York Executor
One of the benefits from implementing a New York estate plan and preparing a Last Will and Testament is the ability of a testator to select an executor. This option does not exist when a person dies intestate without a Will. In such a situation, the estate administrator is determined…
Transferring a Cooperative Apartment to a Living Trust
Estate planning in New York encompasses many types of considerations. The most common way to plan an estate is to prepare a Last Will and Testament. When a person dies, a Will must be filed with the Surrogate’s Court to be validated. This is known as the probate process. Probating…
Three (3) Important Considerations When Preparing and Executing a Will and Estate Documents
It is apparent that the preparation of New York estate planning documents is important. A lot of time and effort can be expected in connection with reviewing assets and financial interests, figuring out the manner in which dispositions are to be made to beneficiaries and implementing the papers and documents…