Articles

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...

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...

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...