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How to Include Digital Assets in Your Estate Plan
As our lives become more connected to technology, planning for digital property has become just as important as planning for tangible assets.
Minors cannot be left assets outright in New York. Minor beneficiaries must inherit in trust. If a minor inherits outright, a guardian must be appointed by the Surrogate's Court.
Guardianship in New York is typically sought in situations where an individual is unable to make decisions for themselves due to incapacity.
The process of appointing a legal guardian can take many months, so it is important to have a U.S.-based or a NY-based guardian to care for your kids.
If you are a parent of a young child, you have probably heard that you should have a will. But do you know why?
Whether it be through New York's Mental Hygiene Law Article 81 or SCPA Article 17-A, it is possible to provide for the needs of vulnerable adults.
