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Wills, Estates & Trusts

Home >> Archive by category "Wills, Estates & Trusts" ( Page 2)
How Does Probate Work in NYS, and Can It Be Avoided?
18 Mar

How Does Probate Work in NYS, and Can It Be Avoided?

falawestate
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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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Are There Estate Taxes in New York, and How Can I Minimize Them?
14 Mar

Are There Estate Taxes in New York, and How Can I Minimize Them?

falawestate
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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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Wills and Trusts in NYC Estate Planning: Choosing the Right Option for Your Assets
12 Mar

Wills and Trusts in NYC Estate Planning: Choosing the Right Option for Your Assets

falawestate
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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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How to Choose Between Wills and Trusts in New York Estate Planning: Working with Figeroux & Associates
12 Mar

How to Choose Between Wills and Trusts in New York Estate Planning: Working with Figeroux & Associates

falawestate
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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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Why Dementia Requires a Unique Care Plan Compared to Frequent Falls in the Elderly
11 Mar

Why Dementia Requires a Unique Care Plan Compared to Frequent Falls in the Elderly

falawestate
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Aging presents various health challenges, but not all elderly individuals require the same care plan. Dementia patients need a vastly different approach to care compared to those who experience frequent falls. While both conditions impact quality of life and require medical and family intervention, ...

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Benefits Available at Age 65: Social Security, Medicare, Medicaid, and More
04 Mar

Benefits Available at Age 65: Social Security, Medicare, Medicaid, and More

falawestate
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By Esther Claudette Gittens Reaching the age of 65 is a major milestone in the United States, particularly because it marks eligibility for various federal and state benefits. At this age, many individuals become entitled to Social Security benefits, Medicare coverage, and potentially Medicaid assis...

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Handling a Decedent’s Final Federal Income Tax Return, Estate Income Tax Returns, and Postmortem Elections
11 Feb

Handling a Decedent’s Final Federal Income Tax Return, Estate Income Tax Returns, and Postmortem Elections

falawestate
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By Brian Figeroux, Esq. When an individual passes away, their financial and tax obligations do not automatically disappear. Instead, various tax returns must be filed to ensure compliance with federal tax laws. The process involves handling the decedent’s final federal income tax return, the estate’...

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The Importance of Choosing the Right Attorney for Estate Planning
06 Feb

The Importance of Choosing the Right Attorney for Estate Planning

falawestate
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By www.willsandestates.nyc When it comes to planning for the future, ensuring that your assets are distributed according to your wishes and your loved ones are protected is of utmost importance. This is why hiring an experienced and reliable law firm is critical, particularly for matters involving w...

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The Benefits of Life Insurance Policies in Wills, Trusts & Estate Planning in New York State
06 Feb

The Benefits of Life Insurance Policies in Wills, Trusts & Estate Planning in New York State

falawestate
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By Chris Tobias Estate planning is a crucial process that ensures an individual’s assets are distributed according to their wishes after death. One of the most effective tools in estate planning is life insurance, which provides financial security for beneficiaries and helps manage estate-related ex...

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Estate Planning: If Not Now, When? Start the New Year Right
22 Jan

Estate Planning: If Not Now, When? Start the New Year Right

falawestate
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By Chris Tobias  As we move into a new year, many of us set resolutions to improve our lives through better health, financial goals, or personal growth. But amidst all these plans, one crucial solution often gets overlooked: estate planning. It’s easy to put off such a sensitive topic, but the...

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  • Legal Analysis: The Risks of Over-Relying on Joint Ownership and Beneficiary Designations in New York Estate Planning
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