Estate Administration & Probate

If you have not heard of a self-directed IRA, you are certainly not alone. Most people who are building wealth through IRAs, use the traditional means (i.e. Roth, Inherited, SEP or SIMPLE). However, most are unfamiliar with the concept of self-directed IRAs and the...

If you created your estate plan before 2005, chances are that it did not have any provisions dealing with the handling or distribution of digital assets. Don’t worry, if this describes the current state of your plan, you are not alone. Most estate plans created before...

Inheriting property from a loved one may bring about a range of emotions. On one hand, you may be saddened by a reminder of what he or she left behind. On the other hand, it could be an opportunity to keep a part of your family’s history relevant for another...

People in the midst of creating an estate plan understand that the ultimate goal is to provide for others (especially vulnerable adults and children) when they are no longer able to do so. But part of the difficulty of estate planning is that the future cannot be...

If you have aging parents whose mental faculties are fading, or you have special needs children who need additional measures of guidance after turning 18, you may be wondering how you may help them avoid catastrophic financial issues that can ruin their lives. One way...

We think of estate planning as a way to ensure that our heirs and beneficiaries have what they need in the event we pass away. While this might seem easy for those aspiring to leave assets, it may not be so for those who are slated to receive them. Beneficiaries may...

Estate planning is not as simple as you may think. After all, you are trying to plan for the future that does not always go as you think it would, and you are trying to make sure that your current assets grow and are protected so that your beneficiaries will not be...

With the federal income tax filing deadline approaching, there probably few people who are concerned with completing estate tax returns before April 18. After all, this tax is only applicable to estates valued at more than $3.5 million, and is required to be filed...

Just as our parents wanted to protect us from harm when we were young, we have certainly want to do the same for them as they get older. Yes, we may help them understand technology and keep up with medical reports, but making sure that our parents (and other elderly...

An essential part of New York’s probate administration process is the orderly process of distributing the assets of the deceased to their proper heirs and beneficiaries. In the spirit of the old adage “you can’t take it with you,” many people want to know what happens...