Estate Planning Blog - Bernard Law P.C.

Estate Planning For Business Owners: Protecting Your Company And Your Family

Estate planning for business owners goes beyond deciding who gets your personal assets after you pass away. Your business likely represents years of hard work, much of your family’s wealth, and income for employees and loved ones. If your estate plan does not cover what happens to the business if you become unable to run […]

Posted on: August 24, 2026

Should Your Children Receive Their Inheritance All At Once?

When making an estate plan, it’s important to think not just about who will inherit your assets, but also how your children will receive them. Some parents believe that once their children are adults, they should get their inheritance right away. This can work for some families. For others, giving a large inheritance all at […]

Posted on: August 23, 2026

Can A Trust Help Protect An Inheritance From Creditors?

When families make an estate plan, they usually focus on who will inherit their property and how much each person will get. But it is just as important to think about what happens to that inheritance once the beneficiary receives it. A child could face a lawsuit, business debt, or other financial problems in the […]

Posted on: August 22, 2026

How Estate Planning Can Protect Family Vacation Homes For Future Generations

A family vacation home often means much more than its market value. It might be where children spent their summers, where grandchildren gathered for holidays, and where family memories were made. However, keeping that home in the family can be challenging if the estate plan simply divides it among several children. Issues like expenses, repairs, […]

Posted on: August 21, 2026

Estate Planning For Second Marriages And Blended Families In New York

Second marriages often bring estate planning challenges that first marriages may not face. If either spouse has children from a previous relationship, it can be hard to balance providing for a surviving spouse with leaving an inheritance for children. How assets like property, retirement accounts, life insurance, and homes are owned and included in the […]

Posted on: August 20, 2026

Should You Put Your Home Into A Trust?

For many New Yorkers, a home is their biggest asset and a key part of their estate plan. This often leads to a common question: Should you put your home into a trust? The answer depends on your goals, the type of trust you are considering, your family situation, and whether you own property outside […]

Posted on: August 19, 2026

Should A New York Resident Update A Will After Moving To Florida?

When you move from New York to Florida, more changes than just your address. Your estate may be handled differently; different state laws could apply to your property, and your Florida home might pass to heirs in new ways. Documents you signed years ago may not work as you intended. Many New Yorkers think moving […]

Posted on: August 18, 2026

At What Age Should I Write A Will?

Many people in Suffolk County assume that writing a will is something they should think about after retirement, after purchasing a large home, or after accumulating substantial wealth. We believe that approach misunderstands what a will is designed to accomplish. A will is not simply a document for older or wealthy people. It is a […]

Posted on: August 17, 2026

How Can I Transfer a Multimillion-Dollar Estate to My Children Without Giving Them Control Immediately?

If you have built up a multimillion-dollar estate in Suffolk County, deciding how to leave assets to your children is just one part of the process. It is also important to consider whether your children should have immediate and full control over those assets. A large inheritance can bring risks, such as exposure to creditors, […]

Posted on: August 16, 2026

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