Common Mistakes People Make When Setting Up a Will
Estate planning lawyers know that preparing for death is unpleasant, but it’s a crucial part of life. You deserve peace of mind knowing that your loved ones won’t struggle to make basic decisions about your burial or financial matters when you pass away. Drafting a will can remove the overwhelming responsibility from their shoulders, so […]
Why Estate Planning is the Best Holiday Gift You Can Give
This holiday season, give your family the gift of peace of mind by getting your estate planning in order. No one likes to think about their own mortality, but it’s important to have a plan in place that deals with illness, incapacity, and death. If you’re gathering with your family for the holidays, take advantage […]
What You Need to Know about an Estate Inventory
If you are serving as the executor of someone’s will, one of the most important tasks you will need to do is to complete an inventory of the decedent’s estate. This could feel like an overwhelming process, especially if the deceased person had a lot of assets. However, knowing more about the process you are […]
Estate Planning Lessons from Disney’s Encanto
In the early part of 2022, many young families spent a lot of time watching Disney’s award-winning animated film Encanto. Repeatedly. While the movie is obviously a great source of entertainment for kids, estate planning attorneys have also noticed that it contains a lot of valuable lessons that can help people prepare for their family’s […]
The Most Important Estate Planning “To Dos” After a Divorce
Going through a divorce can be painful, overwhelming, and stressful. It’s the end of one chapter and the start of another in your life. Although it might be the right decision, you’re forced to confront various issues. For example, you and your ex must agree to the terms of the divorce, such as child support, […]
You’re Never Too Young to Start Your New York Estate Plan
It is fairly typical for young adults, even those with professional careers aged thirty or more, to believe they are too young to concern themselves with estate planning. Young adults in their twenties and thirties often think they don’t own enough to constitute an estate. However, an estate is the total of all you own […]
What Is the Process of Administering an Estate in Court?
The probate process entails judicial officials, such as probate judges, processing the will of a decedent. State probate laws may vary, but the general process is similar across the country. Probate is the process of proving a decedent’s will. A probate judge will also oversee cases where the deceased person did not prepare a will, […]
In The Absence of a Will, Who Settles an Estate?
According to caring.com, overall percentages of older Americans without a will remain the same despite the COVID-19 pandemic. On the other hand, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34 year old demographic is now sixteen percent more likely to have a will than […]
Five Common Mistakes to Avoid When Establishing an Estate Plan
You spend the first half of your adult life trying to achieve financial security and the second half of your life trying to maintain it. This adage is why many people spend substantial time and effort, maximizing their legacy goals in their estate plan, ensuring their wishes come to pass. Your life’s work and ability […]
Estate Planning Mistakes People Make Five Ways
The first half of your adult life is spent getting financial security, the second half trying to maintain it. Accordingly, many people spend substantial time and effort in their estate planning maximizing their legacy goals, ensuring their wishes are met. Providing your family through your life’s work is a gratifying feeling for you and your […]