To many residents in New York, an estate plan is something that only old people need, or that only very wealthy people need. Both of these assumptions are quite incorrect. There are many facets to an estate plan that make it important for people of all ages and means...
Preserving & Protecting Your Family’s Assets & Legacy
Month: May 2020
Could debt affect your heirs?
Debt does not easily go away when you die. In fact, part of the probate process will involve settling your debts. This could spell trouble for your heirs if they expect to inherit significant assets from you, and you failed to protect those assets. According to CNBC,...
Why New York’s 2020 Medicaid changes matter to your estate plan now
It can be tempting to think of an estate plan as something for the far-off future. A plan that you hope you won’t need for some time. However, it’s important to remember that the financial decisions you make every day affect the assets that will make up that estate...
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