Estate Planning Archives

Should I Limit My Childrens’ Inheritance?

Deciding how much to leave your children requires careful planning. Balancing financial security with personal responsibility can help preserve wealth for future generations.

Posted on: February 19, 2025

What Does a Special Needs Trust Pay?

A special needs trust protects assets, while preserving eligibility for government benefits. However, spending must comply with legal guidelines to avoid jeopardizing support.

Posted on: February 17, 2025

What Is a No-Contest Clause, and Do They Work in New York?

Between 1% and 3% of wills are contested in the United States each year, research shows.

Posted on: February 14, 2025

What If a Beneficiary Dies Before Receiving an Inheritance?

When a beneficiary dies before receiving their inheritance, estate distribution can become more complicated. Understanding succession rules, will provisions, and probate laws ensures that assets are transferred as intended.

Posted on: February 12, 2025

Using Qualified Domestic Trusts (QDOTs) to Protect Non-Citizen Spouses in Estate Planning

Qualified Domestic Trusts (QDOTs) help ensure that non-citizen spouses can inherit assets, while minimizing estate tax liabilities and maintaining financial security.

Posted on: February 10, 2025

Estate Planning Actions for 2025

As we step into 2025, the theme for estate planning is: Be prepared.

Posted on: February 7, 2025

Financial Blunders Grandparents Should Avoid with Grandchildren

Helping grandchildren financially can be rewarding. However, avoiding common mistakes ensures that your generosity doesn’t harm your finances or family relationships.

Posted on: February 5, 2025

Estate Planning Strategies for a Family Business

Effective estate planning ensures the longevity of your family business by addressing succession, tax efficiency and governance for future generations.

Posted on: February 3, 2025

Why Cryptocurrency Ownership Demands Estate Planning

While the focus tends to be on the growth of the asset class and opportunities to prosper, for many cryptocurrency investors, more attention must be paid to transferring assets to loved ones and protecting the store of wealth from unfounded and frivolous lawsuits.

Posted on: January 31, 2025

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