In New York, many people establish their estate plan with the trustee and executor being the same person. While that is common practice, it bears some inquiry whether it is the proper practice. The best [...]

New York residents are allowed to give another person the power to make decisions on their behalf. A language contained in a power of attorney can be as narrow or as broad as the principal [...]

Adults in New York need an estate plan for a number of reasons. Without an estate plan, they have no control over what happens to their assets. An estate plan can also protect minor children [...]

People in New York who have not yet created an estate plan may be prompted to do so by a personal event, such as marriage or the birth of a child. Changes in assets or [...]

Many people in New York may think of 529 plans solely as a matter of saving for their children’s education during their lives. However, these plans may also provide an estate planning option for people [...]

When people in New York think about the future, they may want to plan for a range of possibilities. One of the most important documents that people can include in their estate planning process is [...]

For many New York residents, creating an estate plan may be as simple as writing a Last Will & Testament, Power of Attorney, and Health Care Proxy. However, it is still important for testators to [...]