Estate planning can be a difficult and intimidating subject. Because of its obscurity, many families may fall into the trap of thinking that estate planning can only benefit particularly wealthy families. However, in reality, estate planning encompasses a wide variety...
The so-called “traditional” family structure – a mother and a father, on their first marriage, raising children together – is no longer the norm. Fewer than half of American children live in this type of situation, according to Pew Research, a significant change from...
Planning your estate helps assure that your family’s needs and your wishes are protected. Some people, however, make assumptions that complicate this goal. There are some important principles that are worth remembering while you engage in estate planning to protect...
People in New York who are creating an estate plan might wonder whether they should use a revocable or irrevocable trust. A revocable trust can be changed at any time in a person's lifetime while an irrevocable trust cannot, but it does not offer the same protections....
