By Brian Figeroux, Esq. Guardianship laws in New York City (NYC) and New York State (NYS) are designed to protect individuals—commonly referred to as wards—who cannot manage their personal, financial, or medical affairs due to physical or mental incapacity. In cases where an adult child, living out...
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The holiday season is a time of reflection, gratitude, and generosity. It’s the perfect opportunity to consider how your estate planning can embody these values by supporting causes close to your heart. Incorporating charitable giving into your estate plan not only creates a meaningful legacy but al...
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When people think about creating a will, they often associate it with couples, families, or individuals with significant wealth. However, single people need wills just as much—if not more—than their married counterparts. It’s not about the size of your estate, but about the control and empower...
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By Esther Claudette Gittens | Photo Credits: PeopleImages.com – Yuri A/shutterstock.com Becoming a millionaire is a goal many Americans aspire to achieve, but reaching that level of wealth requires careful planning, dedication, and often a strategic choice of profession. While nearly anyone ca...
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By Brian Figeroux, Esq. | Editorial credit: Vitalii Vodolazskyi / shutterstock.com Estate planning is the process of arranging how your assets, wealth, and personal wishes will be managed, transferred, or distributed after your death. In New York State (NYS), as in many other jurisdictions, proper ...
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Editorial credit: Pro-stock studio / shutterstock.com Expecting your first child is an exciting and life-changing event, but it also comes with many responsibilities. One crucial aspect that many new parents overlook is estate planning. While it might not be the first thing on your mind when prepari...
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By Brian Figeroux, Esq. | Editorial Credit: Southworks/shutterstock.com Key Points of this Analysis Succession Planning: Users emphasize the importance of having a clear succession plan to ensure the business continues smoothly after the owner’s death. Valuation and Division: Estate planning profes...
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By Brian Figeroux, Esq. | Editorial Credit: Rawpixel.com /shutterstock.com Key Points of this Analysis Donor-Advised Funds: Donor-advised funds as a flexible way to manage charitable giving during their lifetime and beyond. Charitable Trusts: How charitable remainder trusts and charitable lead tru...
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By Brian Figeroux, Esq. | Editorial Credit: Fizkies / shutterstock.com Key Points of this Analysis State-Specific Laws: Understanding how state laws impact wills, trusts, and probate processes. Multi-State Issues: Managing estates across state lines, including differing probate rules and tax impli...
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By Brian Figeroux, Esq. | Editorial Credit: Yuri A / shutterstock.com Key Points of this Analysis Covering Estate Taxes: How life insurance can help cover estate taxes, ensuring that other assets do not need to be sold. Providing for Minor Children: Highlight life insurance as a way to secure the f...
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