by admin | Sep 26, 2018 | Estate Planning, will, Wills & Trusts
Grounds to Contest a Will in the state of New York. Under New York Law, a will contest may be based on the following grounds: Undue Execution The will was not properly executed. Revocation The will was revoked by the testator. Incapacitation The testator lacked the...
by admin | Aug 31, 2018 | Wills & Trusts
So now that you have your will, where do you keep it? It is highly recommended that your intended heirs have the contact information for your attorney and that your attorney keep a copy of your will. You should keep a copy as well. It should be kept safe in someplace...
by admin | Aug 29, 2018 | Wills & Trusts
In addition to a revocable trust, one of the easiest and most expedient ways to avoid probate is to name a beneficiary and add alternate beneficiaries within any financial securities you own. For instance, if you have a retirement account like 401(k), I.R.A.’s or...
by admin | Aug 27, 2018 | Wills & Trusts
What About a Revocable Trust? Using a revocable trust (or living trust) may be one of the smartest ways to avoid probate. People who use revocable trust do so to avoid the rigors of having the court supervise the process of settling a deceased person’s estate. ...
by admin | Aug 24, 2018 | Wills & Trusts
Is a Will enough? Is there more that should be considered? Yes! A will contemplates what happens with your estate when you pass. What if before you pass, there are medical issues, and you are unable to make decisions. Would you trust your loved ones, or a trusted...
by admin | Aug 15, 2018 | Wills & Trusts
When Do I Need a Will? You need a will if you have earned (or are earning) a reasonable living, or have acquired other assets and you have a spouse, children or even relatives out of whom you must name a guardian. A will ensures that you have distributed your wealth...
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