Setting up an estate plan that includes a will is a great way to ensure your family and loved one’s needs are met after you pass away. But what happens if your will is lost? There are many reasons a will may be lost. It may have been destroyed in a natural disaster,...
Trusts offer an efficient and flexible way for Williamsville residents to manage their assets today while ensuring their smooth transfer in the future. By setting up a trust, you can achieve multiple goals simultaneously, from asset protection to estate planning. What...
When someone you care about passes away and names you as their executor, you are taking on a significant role that few people are fully prepared for. This position demands attention to detail, good organization and familiarity of legal procedures – all during a time...
Death comes unexpectedly, leaving families to deal with both emotional and legal challenges. While grieving the loss of a loved one, many New York families face additional stress when they discover there's no will in place. This situation, known as dying intestate,...
An executor plays a crucial role in managing an estate after someone passes away. They must act in the best interests of the beneficiaries, adhering to the will and state laws. However, not all executors fulfill their duties responsibly. Here are signs of possible...
Imagine a time when you might be unable to make important decisions for yourself. It’s not something anyone likes to think about, but planning for the future is crucial. A durable power of attorney (POA) is a tool that can help ensure your wishes are carried out when...
Choosing to execute a will is a wise and responsible decision. A will allows you to live with peace of mind knowing that your property will go to those you want it to after you pass away. A will can also contain information on burial or funeral arrangements so your...
Joint ownership is a legal arrangement where two or more people own property together. This can apply to various assets, including real estate, vehicles and investments. Whether you're buying property with a spouse, sharing a bank account with a family member or...
The death of a loved one often prompts questions about their final wishes and estate distribution. In some cases, family members may discover these wishes in unconventional forms, such as handwritten notes on a napkin. However, courts scrutinize the validity and...
Many people assume their assets will smoothly transfer to their loved ones when they pass away. However, in reality, a significant portion of your properties may need to go through a legal process called probate before they even reach your beneficiaries. Probate, the...
