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Category Archives: Estate Planning

How a Pour-over Will Helps Achieve Your Trust Objectives

Individuals may choose to create a trust, in addition to a will, when they desire a high degree of control over the distribution of their estate. The most common type of trust is the revocable living trust, which allows individuals to place their assets into a trust but still use them while they are alive. […]

How to Write a Will That Can Survive a Probate Contest

A will is an essential part of estate planning. It contains your core instructions for the management and distribution of your property upon your death. However, even a carefully written will may be subject to challenge by your heirs or other interested parties. With this in mind, you can take certain steps designed to ensure […]

New York’s New Simplified Power of Attorney: How it Can Work for You

A new law taking effect in June 2021 makes it easier for New Yorkers to prepare and execute powers of attorney to delegate the handling of financial and legal matters to an agent. The law will make it easier for people to use POAs for multiple purposes, such as estate planning. Under prior law, the […]

Pros and Cons of Revocable Living Trusts in Estate Planning

A revocable living trust can be an effective method of distributing property to your intended beneficiaries without need of a probate proceeding. A trust is traditionally an agreement between two parties — the grantor and the trustee — directing how property is to managed and for whose benefit. But a living trust allows you be […]

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