Surprise Heirs and Estate Planning in New York State
The rising popularity of at-home DNA testing kits is bringing consequences to an area its many users might not have anticipated: estate planning. Online services such as 23andMe…
Medicaid Planning in New York: Protecting Assets for Long-Term Care
Long-term care in New York is, without a doubt, very expensive. Some nursing homes charge over $15,000 per month; home care and assisted living aren’t far behind. Medicaid helps…
What is ‘Gray Divorce’ and How Can It Affect Assets and Retirement Planning?
More couples in their 50s, 60s, and beyond are choosing to end their long-term marriages, commonly referred to as “gray divorce.” Statistics about gray divorce, according to…
How to Contest a Will in New York: Legal Grounds and Process
In New York State, it is not enough to have legal standing to contest a will. You must also have legal grounds to challenge a will’s validity. Legal Grounds for Contesting a…
Legal Standing: Who Can Contest a Will in New York State?
What Does It Mean to Contest a Will in New York? To contest a will means to challenge the validity of that will. If you believe the will is invalid and you have standing,…
Estate Planning Misconceptions and Mistakes to Avoid
Estate planning can be a challenging and daunting process, with several things to consider, and there are frequently a variety of solutions available, each with unique advantages…
How Long Does Probate Take in New York State?
The passing of a loved one creates legal responsibilities that their families don’t always expect, and a significant item on that list is probate. If you’re an executor or a…
Revocable vs. Irrevocable Trusts: Which One Is Right for You?
When planning for the future, many people use trusts as a way to manage their assets, avoid probate, and protect their loved ones. But not all trusts are created equally.…
What Is the Difference Between a Will and a Trust in New York State?
When considering the future, wills and trusts are powerful tools to help control what will happen to your assets. Understanding the differences between wills and trusts and the…
When Should You Consider Updating Your Estate Plan?
Life can take twists and turns, and as time goes by and life changes occur, it is important to keep your estate plan up to date. But when exactly is the right time to update your…