Property You Should Not Include in Your Will
There are many types of property that should not be included in your will, property that you may not realize is, or should automatically be earmarked for distribution upon your death. Jointly held property: A house or a bank account that is in joint names with another person will pass to the survivor automatically upon […]
Important tips for wills and estate planning.
https://www.nytimes.com/2017/04/21/your-money/wills-avoiding-family-conflict.html?rref=collection%2Ftimestopic%2FEstate%20Planning&action=click&contentCollection=your-money®ion=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=collection&_r=0
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 […]
Do You Need a Trust for Your Estate Plan?
The attached article provides a good explanation of trust planning.
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 […]
