Lower Tax Consequences in 2011 and 2012
Estimating your income for 2011 and as much as possible for 2012 can help you plan a strategy to minimize tax consequences for both years. If your income will likely ...
Do you Want to Leave Your Estate to Your Ex-Spouse?
An estate plan should be updated following a divorce. Some of the most common things which need to be updated are: Remove gifts under a will made to a former ...
What is a Holographic Will?
A holographic will is a will written by the testator in his own handwriting. A holographic will is not usually witnessed and is often written in cases of emergency or ...
Remember to Change Your Power of Attorney After Divorce
It is fairly common for spouses to name each other on a power of attorney form. A power of attorney authorizes someone to act on behalf of someone in case ...
Protect Beneficiaries with your Will
An estate plan can help beneficiaries understand a loved one’s priorities and can leave beneficiaries feeling valued, or it can cause hurt feelings and arguments among loved ones. While talking ...
Don’t Leave Liabilities to Beneficiaries
One great gift a person can leave to his beneficiaries is an estate without liabilities. There are times when a beneficiary learns he will receive assets from an estate and ...
What is Probate in New York?
There is a probate process in every state and every state has its own requirements. In New York a will only needs to go through the probate process if the ...
Is a New York Health Care Proxy the same as a Living Will?
Health Care Proxy A health care proxy assigns the power of making health care decisions to someone else. A person must be careful to choose someone he trusts completely for ...
New York Living Will
In New York an individual who is mentally capable of understanding the document can sign a living will, also known as an advanced directive. An individual can make specific health ...
Giving Thanks
Thanksgiving is just around the corner and what better time than now to take stock of your assets and think about the ones you love? Thanksgiving is a time to ...