Latest News
When Should You Decline an Inheritance?
Most of us think of an inheritance as a good thing—something you would never dream of turning down. But believe it or not, there are times when saying “no, thanks” to an inheritance actually makes sense.
A last will and testament is meant to respect your wishes in the time after your death, while a living will is used to honor your wishes in the last moments of your life.
You can renounce your right as Executor and decline to act by simply signing a Renunciation of Nominated Executor form in front of a notary.
Whether you are 18 or 81, there are four key documents you should consider: health care proxy, HIPAA release form, living will, and power of attorney.
If you are a parent of a young child, you have probably heard that you should have a will. But do you know why?
The Transfer on Death Deed is a provision under New York State Real Property Law that provides property owners with the ability to designate beneficiaries who will inherit real property upon their passing, bypassing the probate process.
The filing requirements imposed on owners of corporate entities by the Corporate Transparency Act (CTA) are currently suspended.
Gifting can be gratifying and can also provide an income tax benefit as the year comes to a close. Learn more about how much you can gift tax free this holiday season.
There are several ways one can make a charitable gift as part of their estate plan. First and foremost, you can always give during life.
While a trust technically becomes the owner of your home when you sign a deed transferring ownership to a grantor trust, rest assured that you will still receive the same real estate tax exemptions and/or benefits that you received when your home was owned in your individual name.
Whether a trust or last will and testament (“will”) is better for you is dependent on your assets, circumstances, and personal goals. Every person is different and therefore every estate plan should be tailored to the individual.
Our Blog
Partner Britt Burner, Esq. explains how often to review your estate planning documents and the life changes that may prompt a review.
