By Brian Figeroux, Esq. Trusts have long been regarded as essential tools for wealth management and protection. In New York State (NYS), where state laws impose high tax rates and extensive estate and inheritance planning requirements, trusts offer unique opportunities to safeguard assets, minimize ...
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Estate planning is an essential process that ensures that your assets are distributed according to your wishes after death. In today’s fast-paced and ever-evolving world, the importance of estate planning has never been more critical. Whether you have substantial assets or modest holdings, pro...
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The holiday season is a time for giving, but while many focus on giving physical gifts, one invaluable gift often gets overlooked: estate planning. Estate planning isn’t just for the wealthy—it’s for everyone. One of the best gifts you can give your loved ones this holiday season is the ...
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Thanksgiving is a time for family, gratitude, and reflection. While most people consider it a holiday centered around food and festivities, it also provides a unique opportunity to connect with loved ones and share family stories and traditions. But this year, why not make Thanksgiving even more mea...
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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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By Brian Figeroux, Esq. | Editorial Credit: Prostock-studio / shutterstock.com Divorce proceedings can be emotionally charged and complex, even in seemingly straightforward cases like short-term marriages without children. When individuals pass away without having finalized a divorce, especially in...
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By Brian Figeroux, Esq. | Editorial Credit: Fizkes / shutterstock.com Divorce proceedings can be emotionally and legally challenging, even in seemingly straightforward cases, such as short-term marriages with children. When an individual in New York State dies without having finalized a divorce, es...
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Grandparents Day celebrated on Sunday, September 8, 2024, is a cherished occasion to honor the invaluable wisdom, boundless love, and steadfast guidance that grandparents provide. This day is an opportunity to recognize the special bond between grandparents and their families and a perfect time to r...
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Read more at www.askthelawyer.us. To read the complete analysis in our publication, click here, and on our wills & estates blog, click here. By Brian Figeroux, Esq. A partition action is a legal mechanism commonly used when two or more co-owners of a property cannot agree on what to do with the ...
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Maintaining an up-to-date estate plan in personal finance and legal planning is crucial for ensuring your assets are managed and distributed according to your wishes. But how often should you review and update your estate plan? In this article, we delve into why updating your estate plan might be ne...
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