Your estate plan serves as a major component of how you will handle your end-of-life experience, and how your loved ones will handle your matters after your death. Thus, it is crucial that your plan remain up to date with the actual happenings in your life. After...
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We are pleased to announce the reopening of our White Plains office location for in-office meetings. We are following the applicable New York State regulations for Phase 2 re-openings. These regulations limit in-person gatherings, so although we will hold a select number of in-person meetings, we will continue to encourage telephone and video-conference meetings whenever possible. We have implemented health and safety procedures for all staff, as well as those clients who come into the office. Please click here for in-office meeting procedures.
3 key components every estate plan should have
Many young people across New York and the nation put off estate planning. Sometimes, they do so because they feel they do not have valuable enough assets to warrant one. Other times, they do so because they believe it takes considerable time and money to create one....
What is the difference between a simple and complex will?
Writing a will is one of the more effective ways to maintain some control over what happens to your assets after your death. It is also easy to put off. In fact, according to a recent study, 68% of Americans have not yet drafted even a basic will. If you are ready...
How can you choose an executor?
As you work on your estate plan, do you have an executor for your will? CNBC explains the importance of having an executor that you can trust. Here are some questions to ask yourself when choosing an executor. Is your choice organized? Your estate refers to everything...
What is required for a will to be valid?
So much of an estate planner’s plan for their estate and their loved ones commonly rests on a will, which is typically part of an overall comprehensive estate plan. For this reason, it is important for estate planners to understand what constitutes a valid will and to...
Life Changes Should Mean Changes to a Will
There are certain events that may change the course of a New York resident’s life. The decision to get married or have kids, the loss of a parent or spouse, or the end of a marriage may all force a person to evaluate the course that they have chosen to pursue. While...
Why a will is especially important when you’re living together, but not married
It’s no longer strange for couples to live together without being married. Over the past 25 years, the marriage rate in the U.S. has fallen while the rate of cohabitation has increased, particularly among younger adults. These relationships are often considered...
What is an advance directive, and do I need one?
An advance directive or a living will outlines how you wish to receive care if you are nearing the end of life or are incapacitated and cannot make decisions on your own. This legal document also lets you choose a person who is lawfully allowed to make health care...
Should I update my will after getting married?
Many people often overlook the importance of having a will, especially younger individuals. When someone does have a will, they may stash it somewhere safe and never update it. This can be almost as problematic as not having a will in the first place. Life moves fast,...
Why new parents need a will
With the birth of your child, you have just started a new chapter in your life. For the next 18 years and beyond, you are responsible for taking care of another life. While you may not have thought about it yet, now is the time to start estate planning. The simplest...
