Living the Bachelor Life—Estate Planning for Single People Many people wonder if they even need Estate Planning on Long Island if they don’t have a spouse or kids. Let us give you a clear, unequivocal answer: yes, you do. Regardless of your family situation and circumstances, you should make a comprehensive estate plan. You need…
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Do(n’t)-It-Yourself – The Case Against DIY Estate Planning The advent of Pinterest and shows like Home Improvement has given the term “Do-it-Yourself” a plenteous boost. The popularity is trendy to the point of making several YouTubers and social media persons millionaires. How? They just have to be consistent with various DIY niches in fun, quirky…
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The Don’ts of the Estate Planning – Common Mistakes to Avoid When humans visualize a future for themselves, they think about events and milestones such as career success, having a partner(s), children, pets, owning a home, etc. You think about a future where you grow and become better than what you are today. From this,…
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Uncomfortable Conversations – Talking to your Parents about Estate Planning Even though it may sound a bit grim, but the eventual end of life is the only thing it guarantees. No living being can really escape it, we will all die someday. The fortunate ones out of us do it when they are old and…
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5 Reasons for You to Update Your Living Trust When you have finally settled down on the couch after that meeting with your attorney, the last thing you want to talk about it updating your living trust. We know what you’re thinking. It’s hard enough getting around to creating an estate plan the first time…
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Going Back to the Basics—What is a Trust? When we’re children, we look up to adults as a repository of knowledge. We listen to them because we think they know what they are doing. And we believe that one day something will click, and we will be as self-assured as all those adults around us.…
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Estate Planning Advice for Same-Sex Couples in the Bronx When the revolutionary designer Gianni Versace died with a gunshot wound, his live-in partner was not given any part in his state. Everything Versace owned, including his brand name, was passed down to his blood relatives, and his domestic companion got nothing out of his rightful…
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Estate Planning Mistakes People Make when Designating a Beneficiary If you are even slightly familiar with estate planning in the Bronx, you must have come across the term “probate”. This particular term is a reference to a legal procedure that is neither good nor bad. It may be helpful in some instances, but the general…
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Estate Planning in the Digital Age— An Overview of Digital Assets It’s not an understatement to say that in this day and age, everything is at the mercy of a screen. With more and more people living their lives online, this is no longer a debate. We start our days by tapping into our online…
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Going Back To The Basics – What Is A Will? The best estate planning tip in Manhattan that you can get is to create a last will and testament before it is too late. As one of the most important building blocks of an estate plan, this document can ensure your legacy is passed onto…
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