By The Law Firm of Figeroux & Associates In today’s digital age, estate planning extends beyond physical assets and property. Digital assets—from social media accounts to cryptocurrency holdings—require careful consideration to ensure they are preserved, transferred, or closed according to your ...
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By The Law Firm of Figeroux & Associates Estate planning is not a “set it and forget it” task. Life evolves, laws change, and your estate plan must adapt to reflect your current circumstances and goals. At Figeroux & Associates, we emphasize proactive planning to safeguard your legacy. Below...
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By the Law Firm of Figeroux & Associates Probate is the legal process of validating a will and distributing a deceased person’s assets under court supervision. In New York State, this process can be time-consuming, costly, and public. Understanding how probate works—and whether it can be avoided...
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By The Law Firm of Figeroux & Associates Handling estate proceedings without an attorney in New York State may seem like a way to save money, but the process is fraught with legal complexities that can lead to costly errors, delays, and family disputes. At the Law Firm of Figeroux & Associat...
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By The Law Firm of Figeroux & Associates Estate taxes can significantly impact the wealth you leave behind for loved ones, especially in New York State. At the Law Firm of Figeroux & Associates, we specialize in helping clients navigate complex tax laws to protect their legacies. This analys...
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By Brian Figeroux, Esq. Estate planning is an essential step in securing your financial legacy and ensuring your loved ones are cared for after your passing. In New York City (NYC), two of the primary tools for estate planning are wills and trusts. Each option provides different levels of control, e...
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By Brian Figeroux, Esq. Estate planning is a critical step in securing your family’s financial future and ensuring your assets are distributed according to your wishes. In New York, two of the most commonly used estate planning tools are wills and trusts. While both serve the purpose of asset distri...
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A reverse mortgage is a financial product that allows homeowners, typically aged 60 or older, to convert part of their home equity into cash while retaining ownership of their property. This option can be particularly appealing to seniors who are “house rich” but “cash poor,”...
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For many baby boomers, retirement and aging bring significant financial considerations, particularly when it comes to long-term care. As healthcare costs continue to rise, some retirees look to their biggest asset—their home—as a financial resource. Using home equity to pay for long-term care may se...
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As older adults navigate financial planning, one of the most significant assets they own is their home. In situations where additional funds are needed—especially to cover long-term care costs—home equity can be a valuable financial resource. However, accessing home equity requires careful considera...
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