In New York, people who have created an estate plan have the right to feel a sense of satisfaction that they have taken steps to shore up their future and are prepared. A well-crafted estate plan can address all issues such as who will receive property, how businesses...
Month: April 2024
How does my impending divorce affect my estate plan?
The dissolution of a marriage invariably brings significant changes to one’s life, and estate planning is no exception. In New York, a divorce can have profound implications on an existing estate plan, particularly concerning wills, trusts and designated...
How to spot undue influence in estate planning
A perfectly executed estate plan will leave your loved one’s assets to those they care about in a way that aligns with their overall vision. However, there are sometimes issues that draw the validity of an estate plan into question. When this occurs, certain parties...
What is a family LLC?
A family limited liability corporation, or family LLC, is a form of business organization that families can use to manage their wealth. A family LLC is also an estate planning device that can accomplish several goals, including avoiding probate and minimizing any...