Archive for 'Estate Planning' Category
Divorce demands careful consideration of various aspects, including financial and legal implications. Among these considerations is revisiting your estate plan in New York. Divorce can affect your existing estate plan in many ways and may mean your plan does not align with your current wishes. Beneficiary designations One significant aspect of your estate plan is […]
A will is a legal document that directs loved ones on how to handle finances, property and any minor children in the event that a person passes away. This document is important because it ensures that the deceased will have their wishes carried out. However, many younger people believe that it is not necessary for […]
Your estate plan entails many items such as your living will, trusts, last will and testament and life insurance policies. While you should review your estate plan every few years to check for minor changes, some life events warrant amending the entire package. Having children A large part of your estate plan may pertain to caring for […]
As people grow older, their priorities change. A senior may worry about his or her health and eventual passing. Therefore, estate planning might become a critical process. Heirs and beneficiaries may deal with challenges that a proper estate plan could have eliminated. Older persons in New York may wish to consider many different estate planning […]
Creating an estate plan can offer you peace of mind in knowing that your loved ones will have the support they need in the future. Choosing the right documents for that estate plan allows you to tailor your plan to achieve your unique goals. What estate planning documents should you consider? Wills are often the […]
Family outfits account for nearly all business activity in the U.S., but most don’t have a plan for the future. If you’ve got a business to take care of now and in the future, it’s never too early to take steps for preservation. Surveys suggest that up to 90% of all business comes from family operations, […]
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