As parents age and have a harder time handling their affairs, you might consider taking on a more involved role to assist them. One common way to help in this capacity in New York is by transferring your parent’s property to your name.

But if you have a parent...

When most people think about estate planning, they often focus on the legal and financial aspects, such as wills, trusts, and asset distribution. While these elements are undoubtedly crucial, another dimension of estate planning often goes overlooked — the personal touch that reflects your values, wishes, and legacy. You can add...

As we enter the new year, it’s a great time to add estate planning to your list of resolutions. Creating or updating your estate plan is a strategic move that allows you to protect your assets, reduce unnecessary expenses, and provide clarity for your loved ones. Here are some reasons why...

A pooled income trust is a charitable trust that allows you to contribute assets to a shared investment fund, receive income for life, and direct the remaining value to one or more charities after your death. It is often used by people who want a steady income now, a charitable impact later,...

If you have the money and opportunity to purchase multiple properties, it’s a great investment strategy. Barring disasters like economic crashes, you’re likely to see a good return on investment, especially if you can afford to wait for favorable market conditions to sell. You can also use rental properties to offset expenses...

Good financial and estate planning can help you care for your family after you pass away or become incapacitated. A skilled estate planning lawyer helps you learn what kinds of legal protections you need to ensure that most of your assets go where you want them to and not to the government...

Families are far from perfect. Some children have closer relationships with their parents than their siblings. This is normal and healthy based on each child’s needs.

But in some situations, a parent may have no relationship with a child. Estrangements like this happen for many reasons ranging from personal...

A charitable lead annuity trust provides high-net-worth individuals with a structure for donating to charity and giving a gift to another person or entity. Importantly, the gift recipient does not need to be a charitable organization. Thus, you can donate to your favorite hospital foundation and leave a gift to your nephew...

Estate planning is critical to ensure that your assets and property are distributed according to your wishes after you pass away or become incapacitated. But those with blended families often experience unique estate planning challenges. 

This is especially true when a blended family includes children, stepchildren, or grandchildren....

As the new year approaches, you and others are getting into the mindset of “out with the old, in with the new.” You might be actively looking for ways to discard from your life the things that no longer serve your purposes, such as a timeshare. 

What once may...