Blog

When a Beneficiary Predeceases You: Why Updating Your New York Estate Plan Matters
Learn what happens when an heir dies before you and how New York estate planning can help ensure your assets pass according to your wishes.

When a Storage Unit Becomes Part of an Estate: What New York Executors Should Know
Learn how unresolved storage units can complicate New York estate administration and discover planning strategies that make life easier for your loved ones.

Don’t Leave It to Chance: How Assets Actually Transfer After Death
Learn why assets don’t automatically go to loved ones in New York and how proper estate planning ensures your wishes are honored.

Trustee Discretion 101: Why “Maybe” Is Better Than “Must”
When creating a trust, you face a critical decision: Do you want your beneficiaries to receive guaranteed checks, or do you want your trustee to decide when and if they get paid? The latter is called discretionary authority, and while it sounds strict, it’s often the kindest way to protect…

What Are Estate Taxes?
Estate taxes are often misunderstood, yet they play a significant role in estate planning—especially for New Yorkers. These taxes are imposed by the Federal Government and some states when a person passes away. They are based on the total value of the person’s estate at the time of death. If…

When Will I Receive My Inheritance From An Estate?
One of the most common questions families ask after the death of a loved one is: “When will I receive my inheritance?” The honest lawyer’s answer is, It depends. While it would be nice if inheritances were paid out quickly and easily, the probate and estate administration process is rarely…