Divorce is a significant life change that affects nearly every part of your future. If you have an estate plan already in place, it can guide you through the changes you’ll need to make post-divorce. If you’ve already made a plan for which assets go where upon your death, that preparation might...
What You Need to Know About Property Deeds in Estate Planning
Any real estate you own should be included in your estate plan. The way your property is titled through the deed determines what happens to it after you pass away. Many people focus on wills or trusts but overlook how the deed itself can affect ownership and how the property is transferred.
Protecting Your Home in Your Estate Plan: What You Need to Know
Your home is where memories are made, family gathers, and security is built. It’s also one of the most valuable assets you’ll own in your lifetime, which makes ot essential to protect it with a well-conceived estate plan. Without a plan in place, New Jersey law will decide what happens to...
Understanding the Importance of a Will for Estate Planning
A will is the cornerstone of a solid estate plan. It tells your family what should happen with your property, who will be in charge, and who will care for minor children. Without one, New Jersey’s intestacy laws decide for you, which may not reflect your wishes. A clear will reduces...
Estate Planning for Parents in New York: Naming Guardians and Setting Up Trusts
For parents, creating an estate plan is one of the most meaningful ways to protect their children’s future. While no one likes to imagine a time when they won’t be there, having clear legal instructions ensures your wishes are followed and your children are cared for by the people you trust most.
What Happens to Pets When You Pass Away? Including Them in Your NY Estate Plan
For many of us, pets are more than companions — they’re family. Yet under New York law, pets are considered property. That means they don’t automatically come with care instructions if something happens to you. Without clear legal provisions, their future can be uncertain.
Whether you already have an...
How to Make Sure Your Digital Assets Are Covered in Your NY Estate Plan
Your Instagram account will outlive you. So will your email, your Bitcoin wallet, and that embarrassing Spotify playlist from 2019. When you die, your family gets stuck figuring out what to do with your entire digital life–and trust me, they don't want to guess your Netflix password.
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General vs. Durable Power of Attorney: What’s the Difference in NY?
Are you considering granting someone the power to act on your behalf? If so, it is crucial that you understand the difference between a general vs. durable power of attorney in New York. In this blog, our Staten Island estate planning and real estate attorneys explain the difference and what you...
Why High Net Worth Individuals Should Consider an IRA Trust
Estate planning for high-net-worth individuals is essential to reduce the tax burden and protect wealth. Using trusts is a common strategy for high-net-worth estate planning. Comprehensive estate plans for high-net-worth families often include several trusts to meet specific needs and avoid the public probate process. Our New Brunswick estate planning attorneys...
How to Decide if a Marital Trust Is Right for Your Estate Plan
Marital trusts can accomplish several estate planning goals for couples. They can help couples reduce estate taxes, protect assets, and ensure property stays within a bloodline. Deciding if a marital trust is right for your estate plan involves considering your family’s needs, tax consequences, and financial goals. Our New York &...