Surveys have shown that many American adults -- perhaps as many as 60% -- do not have a will or any plan for their estates. Many people think they're too young for estate planning, or that they don't have enough property to make the process necessary. Many more simply...
Estate Planning And Administration
Can a ‘no-contest’ clause prevent a fight over your will?
Litigation over a will can be extremely difficult and expensive, and it can tear families apart. No rational person wants that kind of mess to be their legacy, and so many people who are planning their estates look for ways to reduce the possibility of probate...
How do I create a will in New York?
A will specifies who will inherit your property, who will take care of your minor children, who will administer your estate and how your debts and taxes will be paid. The basics You can include any property that you own solely or jointly. You can also include any...
What is the effect of a no-contest clause upon a trust or will?
When an individual executes a trust instrument or a will, their intent is to have their assets distributed according to their desires. They may fear that their directions will be challenged later in court, leading to infighting among beneficiaries. To prevent this,...
Three ways to avoid probate in New York
For many, probate court is one of the arduous aspects of estate administration. Probate is time consuming, public, and costs money. Thankfully, prudent estate planners can avoid probate in New York. Here are three such ways: Trusts Estate assets can be transferred...

