The Top Estate Planning Strategies Explained
Doctors Troubled Over Man’s ‘Do Not Resuscitate’ Tattoo
One man’s tattoo recently left a team of Miami doctors with a confusing ethical dilemma. A 70-year-old man was taken to a Miami hospital, where doctors discovered that he had a large chest tattoo that stated “Do Not Resuscitate.”...
Don’t Forget the Intangibles in Your Estate Plan
Estate planning usually revolves around the ever important transference of your assets to your spouse, children, and other loved ones. It is critically important that you prepare your estate to eventually be passed down to your heirs. Without such planning,...
N.Y. Raises the Estate Tax Exclusion
New York recently raised the amount of property that can pass free from the estate tax to $5.25 million. Previously, the exclusion was $4,187,500. After January of 2019, New York’s exclusion will match the federal exemption amount. However, high earners in New York need to be...
The Mistake That Could Land Your Remains in a Mass Grave
Q: What could happen to my assets --and my remains-- if I die without a will?
Staten Island estate planning attorneys can give plenty of reasons why everyone should have an estate plan. You’ve probably even heard of some of them. Yet something may still be keeping you from taking action and getting...
Changing Your Will in New York
Life is always changing and ever evolving. In your lifetime, you may marry, divorce, have children, welcome grandkids, switch careers, obtain more assets, and become close to some relatives or estranged from others. All of these life changes will require that you update your will....
Updating Your Retirement Account Beneficiary Designations
Far too many individuals approach estate planning as a “once and done” situation, and merely draft up a will and leave it in drawer. A well designed estate plan, however, should consider inevitable changes that will occur during a person’s lifetime. Whether it’s getting married, have children, getting divorced, remarrying or retiring, it...
Why Your Estate Plan Should Include Advance Medical Directives
There are a number of objectives to estate planning, not the least of which are protecting your legacy and providing for your loved ones. At the same time, it is also important that you plan for type of medical treatment you should receive be in the event that an accident or illness leaves...