Valentine's Day is often associated with romantic love, flowers, and chocolates. While these expressions of affection are wonderful, there's another meaningful way to show love to your family that goes beyond traditional celebrations. This Valentine's Day, consider giving the gift of security and peace of mind by creating an estate...
2024 Estate Tax Planning Update
As we usher in the new year, there are significant updates on the horizon that could impact your financial planning and wealth transfer strategies. One key area of interest for many is estate tax, commonly referred to as death tax. The Internal Revenue Service (IRS) and New York State’s Department...
A Fresh Start: Fulfilling Your New Year’s Resolutions with Estate Planning
As the New Year unfolds, many of us are eager to embark on a journey of self-improvement and positive change. While resolutions often focus on personal development and well-being, there's one crucial aspect that is often overlooked – estate planning. This year, consider taking a bold step towards securing your...
‘Tis the Season! Unwrapping the Benefits of Charitable Gifting in Your Will
Creating a will is not just about distributing assets; it's an opportunity to leave a lasting legacy. Charitable gifting in your will is a powerful way to make a positive impact on the causes you care about. Let’s explore the benefits of charitable giving into your estate planning. Leaving a...
Elvis Presley’s Last Will and Testament: Understanding Estate Planning
Elvis Presley, affectionately known as the “King of Rock n’ Roll”, is one of the most iconic figures in the music industry. He is still known today for his electrifying performances, extensive film career, and selling millions of records worldwide. His unexpected passing on August 16, 1977, at the age...
Top 7 Considerations When Choosing an Executor
Choosing an executor for your will is an important decision that can greatly impact the administration of your estate after your passing. An executor is responsible for managing the distribution of your assets, paying off debts and taxes, and ensuring that your final wishes are carried out according to your...
Estate Planning: Navigating Milestones in Life
Life is an incredible journey filled with milestones that shape our personal and financial circumstances. As we progress through different stages, it becomes increasingly important to plan for the future and ensure the security and well-being of ourselves and our loved ones. Estate planning is a vital process that allows...
Protecting Personal Injury Settlements in New York
Receiving a personal injury settlement can be a lifeline for someone who has suffered serious harm due to another's negligence. The compensation can cover medical expenses, lost wages, and provide some sense of justice for the injured party. However, it is important to take steps to protect that settlement so...
7 Essential Tips for Choosing Your Estate Planning Attorney
Estate planning is the thoughtful and strategic process of arranging and managing one's assets, properties, and affairs to ensure that their wishes are carried out both during their lifetime and after their passing. Estate planning goes beyond merely creating a will; it can also encompass establishing trusts, designating beneficiaries, appointing guardians...
Taking a Look at Princess Diana’s Last Will and Testament
Princess Diana stood not just as a passionate advocate but as one of her generation's most revered and cherished figures. The unexpected passing of the Princess of Wales on August 31, 1997, brought profound grief to the world. In the wake of her sudden passing, many questions regarding the existence...