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,…
Which is Better for Federal Employees: Wills or Trusts?
Retirement planning can be challenging for anyone, but as a federal employee, you may have additional benefits to add to the mix that can, at first be overwhelming when planning…
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…
What to Know About the 5 Core Trust and Estate Planning Documents
No matter what your age, trust and estate planning is a key component to planning for the future. Whether an estate is simple, complex, or somewhere in between, when faced with…