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The Importance of Having an Estate Plan

A good article on the importance of having an estate plan. http://www.forbes.com/sites/feeonlyplanner/2016/07/18/the-difference-between-having-an-estate-plan-and-a-wealth-transfer-plan/#37ac0675115e  

8 Reasons to Review and Revise Your Estate Plan

An excellent article listing the most basic life changes that should cause everyone to review and revise their estate plan. http://www.forbes.com/sites/markeghrari/2016/01/28/8-reasons-to-revise-your-estate-plan-today/#1ba8bf6230d9

Estate Planning for the Blended Family

Preparing a will and estate plan for a blended family can be complicated, and strain family relations. These days, many families include children, stepchildren, former spouses and in-laws. The number of remarriages has been steadily rising over the past few decades. By some accounts, in 2013, 40 percent of marriages included at least one spouse […]

NYS Estate Tax Changes: The Good News, and the Bad News

As of April 1st New York state doubled its estate tax exemption – the amount you can leave your heirs without paying state estate tax – and it is set to rise gradually through 2019 to eventually match the federal exemption, projected by then to be $5.9 million.  That will make estate tax planning much easier […]

Gov. Cuomo Proposes Changes to NYS Estate Tax

New York is one of only fourteen states that tax estates. That means in addition to the federal estate tax, a New York estate could be paying another 9% – 16% to Albany – a fact that some believe is leading to a migration from New York to other states. Governor Andrew Cuomo’s new budget […]