Estate planning in Staten Island is not really an easy job to do. You have to pay all these costs, spends hours with an attorney and make tough decisions about your life’s earning and whom it should go to. Also, the constant lingering thought of your own death or incapacity is not exactly fun. However,…
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No matter what you may have thought before, trusts aren’t only useful for people like Jeff Bezos or Bill Gates. In fact, their terms can also be beneficial to those with a reasonably valued estate. Your spouse, children, and other loved ones are close to your heart. You trust them blindly and would love to…
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Retirement is inevitable—sooner or later, you will have to decide for a time when you are no longer able to earn. If you want to keep taking care of your needs without relying on others, you need to have a comprehensive estate plan in place that manages your funds in the best possible way. Some…
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Regardless of how old you are, the topic of death and finite mortality can seem quite overwhelming to think about. Most people shy away from the conversation as existential crisis induces anxiety, unlike any other. However, despite the morbidity and unpleasantness around the topic of death, it’s still an important discussion to undertake. Planning for…
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There is probably no human being on this planet who hasn’t thought about their death. Yes, the idea is quite morbid and unsavory, but seeing that is inevitable, it tends to cross the mind at least once. When we’re younger, the thought has its own angst nuance about it. However, adults have it a little…
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Back in the day, the American dream for the ideal family involved heterosexual couples with two kids – a girl and a boy – standing smiling in front of a white picket fence home. The reality is far from it. Today, families come is all types of packages. You have your average American families, LGBTQ+…
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When we hear words like ‘revocable trusts’ and ‘beneficiaries,’ we tend to zone out a little. Our only exposure to these terms has probably been American television shows where it is always the wealthy friend who has a trust fund! They walk around in their expensive furs just waiting to turn 21 so they can…
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What Counts as Incapacitation in a Living Trust? However morose it may sound, as responsible human beings we must plan for the dimmest future. You may be happy and healthy right now, but that doesn’t mean you are going to be just so forever. One day, like everyone else, you will leave the world, bequeathing…
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How to Choose a Trustee for Your Living Trust We meet many people during our lifetimes, but only a few make it into our close circles. If you really begin to think about it, how many of them would you trust with your life on the line? Well, when you’re planning your estate or setting…
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Assets That Can and Cannot Go into Revocable Trusts Hearing the term trust or trust fund, do you instantly make a connection with something you might have come across in a movie or TV show where a trust fund billionaire shows off the things they can do because they are rich? Believe it or not,…
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