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Articles Posted in bronx estate planning lawyer

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Gifts to the Dead in New York: Are They Still Effective?

Most people plan their estate believing that everyone they have left money or bequests to will survive them, such as when a parent specifies that money or property will be left to a child. But sometimes unexpected deaths happen and when it does, many people are left wondering what will…

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ESTATE PLANNING FOR NEW YORK’S ESTATE TAX

GOOD NEWS AND BAD NEWS Most people are aware that April 15 is tax day. That simply means that you have to have your taxes filed and paid by that date and that the year that those taxes are due for are from January 1st to December 31st of the…

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FINE ART, ANTIQUES AND OTHER COLLECTIBLES IN ESTATE PLANNING

SELL NOW OR PASS ON The issue of how to deal with the collection of fine art that you amassed over the years should be dealt with now rather than allowing your heirs decide for you.  Perhaps your heirs do not have any appreciation for your original Ansel Adams or…

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WHAT OF MY ESTATE PLANNING IF MOVE TO ANOTHER JURISDICTION?

Say you live here in New York and made significant plans to avoid probate.   You have a will, own a business that you pass on and even set aside significant assets for your grandchildren. You worked hard to put your financial house in order.  Now you find out that you…

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