When most people hear the term estate planning, they immediately think about wealthy individuals or large inheritances. The truth is, estate planning isn’t just for the rich — it’s for anyone who wants to protect their family, secure their assets, and ensure their wishes are honored after they’re go...
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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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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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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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Retirement is often seen as a well-deserved phase of life where one can finally relax, enjoy hobbies, and spend more time with loved ones. However, achieving a truly fulfilling retirement requires more than just financial readiness—it involves a comprehensive approach to wellness and estate planning...
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August is National Make a Will Month, a crucial time to address a fundamental aspect of estate planning that many people overlook: creating a will. A will is a legal document that outlines how your assets will be distributed after your death, ensuring that your wishes are honored and your loved ones...
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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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Creating a will is a crucial step in planning your estate and ensuring that your wishes are respected after your passing. There are several types of wills to consider, each serving different purposes and providing varying levels of complexity and specificity. Here, we will explore the four basic typ...
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The term “estate planning” often brings to mind images of wealthy individuals dividing vast fortunes among heirs. However, this is a misconception. Estate planning is not just for the affluent. It’s a vital process for anyone who wants to ensure their wishes are fulfilled, and thei...
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When it comes to securing your future with a life partner, marriage often triggers specific legal protections and benefits, including rights to inheritance and decision-making in cases of medical emergencies. However, for couples who are unmarried—whether by choice or circumstance—the lack of a form...
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