Today, moving across the world is far more common than it used to be. More college-age students leave their home countries to pursue educational experiences abroad, and many often remain in the country in which they choose to study. Others leave their home country for a job opportunity or to…
Almost every facet of today’s world seems to be based on technology in one way or another. From the phones we use to the cars we drive, technology is everywhere and new technology is emerging each day. We use technology to manage many of our assets as well as to…
Probate and Contested Estates When an individual dies, their transfer of property through the legal system is known as probate. During this process, the court determines the validity of a legally formed will or a how property will be distributed if it has not been designated to be inherited by…
It may sound like common sense, but the older you are the longer you’re going to live. According to the Social Security Administration, men who reach age 65 can expect to live until age 84 and women who reach age 65 can expect to live until nearly 87. People are…
Inheriting physical real estate, such as a home or vacation cabin, can be tricky to navigate. You have to consider your desire for the property, potential expenses involved in ownership, and the process of transitioning ownership of the property to your name. These situations become more complicated when you add…
While everyone needs an estate plan, demographics show that women in particular should take steps to address the matter. Living Longer & Needing Care On average, women live five years longer than men. This means women have to face a few realities: (1) they are more likely to…
Estate planning for families is important. It allows a person to plan for the care and wellbeing of their family members and loved ones long after they have passed. What about people who do not have families to consider? More and more people are staying unmarried; according to the U.S.…
For people who reach age 65, the odds of needing long-term care benefits during their lifetime are nearly 70 percent. People are living longer and in turn needing care in their old age. On average men require 2.2 years worth of care and women require 3.7 years. Preparing for this…
Probate is the legal process that takes place after a person passes away. It typically involves submitting a valid will to the surrogacy court in New York state, taking inventory of the deceased’s estate’s assets, paying off the estate’s liabilities and distributing the estate assets to the beneficiaries designated in…
According to the 2010 Census, over 7.5 million unmarried couples or 15 million people, live together, a sharp increase from the 3.2 million unmarried couples living together in 1990. This increase in cohabitation has been attributed to a number of different factors, including increased living costs, decisions to marry later…