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…
Can an Irrevocable Trust Save Me Excess Taxes? An irrevocable trust can have many benefits, including saving you the excess tax on your hard-gained property. Most of us earn our living with the sweat and blood of our labor, and it hurts to pay excess taxes when transferring ownership of our life’s estate to our…
How does One Transfer Real Estate into a Trust? The nature of life itself is such that there are things that can make your brain hurt. Take the example of a Japanese puzzle box. These tiny boxes made of pliable wood, worked to perfection, are beautiful to look at. However, in order to get to…
Incapacity Planning: The Concept and Required Documents Estate planning in Staten Island is, undoubtedly, a tool enabling you to make serious life decisions. It allows you to look after the people you hold dear even when you’re not here. As grim as it may sound, it’s a task that needs to be checked off from…
Funding Your Trust – What Is It And How To Do It? Simple life decisions such as ordering food and choosing an outfit for an event are one and done decisions. You make the purchase and then consume the product in whatever capacity. You don’t necessarily have to go back and make changes/additions to keep…
5 Reasons to Update Your Estate Planning Every estate planning attorney in Manhattan knows that many people are notoriously lazy when it comes to updating their estate plans, while others think that they do not need to change anything in their current plan. “I already have one, and it won’t go anywhere, so why would…
Time for Estate Planning We all work hard during our lifetimes. We work hard to get the best education possible. We work hard to advance our careers. We work hard to provide comfort and security for our family. Why not continue in the same spirit by addressing our Estate Planning? We get so busy living…
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…
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,…
The Top-5 Reasons to Hire an Estate Planning Attorney in NYC When it comes to planning your estate here in NYC, there are a number of different paths to go down. Many people try to do estate planning on their own, however the process can be difficult and can leave you missing out on any…