The creation and implementation of an estate plan requires the consideration of many factors. Reference is made to the New York Probate Lawyer Blog which contains many articles regarding the planning of an estate. One of the essential elements in the planning process is obtaining a full understanding and inventory…
Articles Posted in Estate Planning
A New York Last Will Should Be Kept in a Secure Location
One of the most important papers that are prepared in estate planning is a Last Will and Testament. A lot of time and effort can be spent when finalizing a Will. The process includes many items, such as (i) reviewing and understanding the assets that are to be a part…
New York Estate Planning Involves Many Considerations
Planning an estate in New York requires that numerous factors be considered. The testator or creator of a Last Will or Trust should begin by making a complete inventory and review of his assets. The New York Probate Lawyer Blog has many posts which discuss various rules regarding the disposition…
New York Estate Planning With a Second Spouse
Estate Attorneys in New York are routinely consulted with regard to issues concerning the rights of a surviving spouse. These matters become more complex when one of the parties has had a former marriage. It is even more complicated where there are children from the prior marriage. The estate laws…
New York Estate Planning Always Needs to be Updated
The planning of an estate in New York involves a number of basic considerations. Many recent articles in the news have drawn attention to the need for creating an effective plan. The New York Probate Lawyer Blog has also published numerous posts regarding the planning and administration of estates. A…
A New York Court May Amend Or Reform A Will Or Trust If Appropriate Circumstances Exist
New York Estate Planning requires that the creator of a Will or Trust clearly set forth his intentions. It is very important that a Last Will or a Trust clearly state the manner in which a person wants his assets to be distributed. Serious problems arise when a Trust or…
A New York Will Should Contain Unambiguous Provisions for the Payment of Bequests
Planning an Estate includes the preparation of a number of different documents. These can include a Last Will, Living Will and Health Care Proxy, Power of Attorney and Living Trust. The New York Probate Lawyer Blog has discussed the importance of estate planning in many articles. A very important aspect…
The Selection of a New York Fiduciary Should be Accepted By a Court
New York Estate Planning Lawyers need to discuss many different issues with their clients. Among the most important considerations is the selection of Executors and Trustees. An Executor is nominated in a Last Will and Testament. Typically, the Will also provides the name of successor Executors in the event the…
New York Estates May Need to Sell Real Estate Assets
Real estate holdings in an estate may constitute the most valuable estate asset. A decedent may have owned a residence such as a single or multi-family house, a cooperative apartment or a condominium unit. In view of the increase in value these assets have experienced, the disposition of such interests…
The Need To Prepare A New York Estate Plan Is Seen From Recent Celebrity Estates
An estate plan in New York is very important to establish the disposition of assets. Documents that may be included in estate and advanced planning include a Last Will, Living Will, Health Care Proxy, Durable Power of Attorney and Living Trust. The New York Probate Lawyer Blog has discussed these…