Articles

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...

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...

Serving as a trustee in New York carries significant responsibility. A trustee plays a vital role in managing and protecting the assets held within a trust, ensuring that they are distributed according to the trust’s...

In 2021, New York made major updates to its Power of Attorney laws, changes that simplified the signing process, made forms easier to use, and offered stronger protections against abuse or refusal to honor a...

A living trust is one of the most effective ways to protect your family in New York. Placing your assets in a revocable living trust can help your loved ones avoid the delays and expense...

Planning for the future often means making important choices about how to protect your assets and provide for your loved ones. One of the most effective tools in estate planning is a trust, but not...