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…
Estate planning is very important and may be accomplished by the creation of a number of documents. These papers include a Last Will and Testament and a lifetime trust which may be revocable or irrevocable. Advance directives in the nature of a Living Will, Power of Attorney and Health Care…
The settlement of an estate in New York involves many facets. Of course, in its initial phase, the appointment of a fiduciary such as an executor or administrator needs to occur. Thereafter, the fiduciary engages in the process of identifying and collecting assets, paying or resolving claims, debts or other…
Disputes regarding estates occur all the time. These matters play out in the New York Surrogate’s Courts which is the primary forum where a decedent’s estate issues are determined. Estate lawyers in New York are familiar with all types of cases ranging from Will contests to the appointment of an…
Estate and gift taxes have effects that may vary widely depending on the value of an estate and the place where you live. When a person engages in estate planning, the tax consequences are always considered. Like most taxes, estate and gift taxes are imposed by various states and by…
Estate planning in New York is important. It provides an individual with the opportunity to memorialize the manner by which assets can be disposed of upon death. The creation of a Last Will and sometimes a revocable or irrevocable trust develops provisions designating beneficiaries and the portion of assets they…
Estate planning in New York has always been important. The New York Probate Lawyer Blog has published numerous articles over the years discussing the need for, and issues involved with, a Last Will, Living Will, Health Care Proxy, Power of Attorney and Living Trust. However, as estate planning lawyers are…
Everyone talks about preparing a Last Will or engaging in estate planning. Particularly now, with the advent of the pandemic, there is the reality of facing the need for post-death and advance directive documents. It is easy for an individual to view planning as the simple function of disposing of…
Preparing and probating a New York Will is important in order for a testator to effectuate an estate plan. There are many considerations that an individual needs to consider when planning an estate such as how assets are to be distributed and the identity of the beneficiaries who are to…
The consideration of estate matters in New York always involves a number of variables. New York, as well as the country as a whole, is comprised of a diversity of personal relationships controlled by numerous laws that are evolving all of the time. A recent article written by Sarah O’Brien…