An Intentionally Defective Grantor Trust (IDGT) is one of the most effective and sophisticated tools available for advanced estate planning. It allows individuals to transfer assets out of their taxable estate while still being responsible… Read This Post
When a loved one passes away, settling their estate can feel overwhelming. One of the most common questions families ask is, “How Much Does It Cost to Probate an Estate?” In New York, probate costs… Read This Post
As parents age, conversations about finances, health care, and future planning can be difficult, but they’re essential. Estate planning ensures that your parents’ wishes are honored, their assets are protected, and your family avoids unnecessary… Read This Post
Estate planning is an important step in protecting your assets and ensuring your loved ones are provided for. But many families also wonder whether the costs associated with estate planning can reduce their tax burden…. Read This Post
An executor is the person responsible for carrying out the instructions in a will. This role involves handling legal paperwork, paying debts, and distributing assets. Key points to know include: • Executors act in the… Read This Post
In New York, there is no formal “reading of the will” like you see in movies. Instead, the will becomes part of the probate process, and beneficiaries are notified as the estate moves forward. Key… Read This Post
