Articles

When to Update a Living Trust in New York

How to Fund a Living Trust in New York

How to Avoid Probate in New York

Probate is expensive, time-consuming, and public. In New York, avoiding probate saves your family months of court supervision, thousands in legal fees, and keeps your affairs private. The most effective way to avoid probate is...

What Is the Difference Between a Living Trust and a Will?

A living trust and a will both help you distribute your assets after you pass away, but they work very differently. The main difference is that a living trust takes effect while you are alive...

Estate Tax Filings in New York: Deadlines, Requirements, and Penalties

New York administers its estate tax independently of the federal system. That means an estate owing nothing to the IRS may still face a New York tax. With a smaller exemption, strict deadlines, and penalties...

Business Succession with Revocable Trusts: Protecting Your Company’s Future

After building a successful business, the next step is planning how to hand it off to the next generation. Business succession planning with revocable trusts offers Central New York entrepreneurs a flexible, powerful tool to...

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