Estate Planning Blog - Bernard Law P.C.

Protecting Intellectual Property, Royalties, & Licensing Income In An Estate Plan

Intellectual property is often one of the most valuable things a person owns. Authors, musicians, software developers, inventors, designers, content creators, and business owners may spend years building intellectual property that keeps earning income long after the original work is finished. Royalties, licensing agreements, trademarks, copyrights, patents, and similar income can provide lasting value for […]

Posted on: May 14, 2026

What Divorced Parents Should Consider When Minor Children Inherit Assets

Estate planning becomes more complicated after divorce, especially when minor children are involved. Many divorced parents want to ensure their children are financially protected if something happens to them, but they also want to control how inherited assets are managed and who has authority over those funds. Without proper planning, assets left to minor children […]

Posted on: May 13, 2026

How To Leave A Family Vacation Home Without Creating Future Disputes

A family vacation home often carries more than financial value. It may represent generations of memories, traditions, holidays, and emotional attachment. Whether the property is a beach house in Florida, a lake house in New York, or a winter residence for snowbirds, passing it to the next generation can become complicated without proper estate planning. […]

Posted on: May 12, 2026

What Long Island Homeowners Should Know About Avoiding Probate

Many Long Island homeowners want to protect their homes and make sure their assets go to loved ones. Probate can cause delays, extra costs, and public court proceedings, which can be stressful for families. Homeowners in Hauppauge and Suffolk County are often surprised to find that, without the right planning, their home could end up […]

Posted on: May 11, 2026

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Shoreham Estate Planning Considerations For Families With Real Estate

Many Shoreham families spend years building equity in their homes, vacation properties, and rental investments. For families across Long Island, real estate is often the biggest part of their financial legacy. Without the right estate plan, these assets can get stuck in probate, lead to family disagreements, or be transferred in ways that do not […]

Posted on: May 10, 2026

Suffolk County Estate Planning Basics For Busy Families

Many families in Suffolk County have busy lives. With work, raising kids, caring for parents, and handling finances, estate planning often gets delayed. Some people think they can wait, but putting it off can lead to legal and financial trouble. Having an estate plan in place protects your family, your assets, and your future. If […]

Posted on: May 9, 2026

How Professionals In Suffolk County Can Protect Personal Wealth

Many professionals in Suffolk County spend years building financial security, investing, buying real estate, and growing their careers or businesses. Doctors, lawyers, accountants, executives, real estate investors, and business owners often face unique financial and legal risks that can put their personal wealth at risk without the right planning. Asset protection and estate planning are […]

Posted on: May 8, 2026

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Estate Planning For Cryptocurrency Owners In New York

Cryptocurrency has become a significant asset class for many individuals and families in New York. Whether you hold Bitcoin, Ethereum, or other digital assets, your estate plan must account for how these assets are accessed, managed, and transferred. Unlike traditional financial accounts, cryptocurrency is controlled through private keys and digital wallets. If these keys are […]

Posted on: May 7, 2026

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What Happens To Social Media, Photos, And Online Business Accounts After Death?

Today, much of a person’s life exists online. Social media profiles, digital photos, email accounts, and even entire businesses may be stored in cloud-based platforms. When someone passes away, these digital assets do not simply disappear. Instead, they become part of the individual’s estate, and their management is governed by a mix of state law, […]

Posted on: May 6, 2026

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