The Future Belongs To Those Who Plan For It Today.
To many people, living without owing anyone so much as a dime is a lifelong dream. It’s the picture of the easy life. Retired with no financial obligations or liabilities. . . You may be surprised to learn, however, that debt-free is not always the best decision -...
To many people, living debt-free is a lifelong dream. It’s the picture of the easy life. Retired with no debt. . . You may be surprised to learn, however, that debt-free is not always the best decision - particularly if the choice is between paying off a mortgage or...
With the federal estate tax exemption at $5.45 million for 2016, many people think estate planning is unnecessary. But there’s one thing ALL adults over the age of 18 needs to look at, regardless of estate taxes: beneficiary designations. You would be amazed at how...
While there are exceptions to every case, it is generally recognized that women outlive men, make less during their careers and have less in savings due to pay discrepancies and time taken out of the workforce to raise their families. These are just a few reasons why...
One of the most prevalent misconceptions when it comes to estate planning is that if you have a will, it will take care of everything that needs to happen after you die in terms of your assets. But before you leave everything to just a will, consider these...
When many individuals think about their estate plans, they general only consider creating a Will to transfer their assets to their loved ones after death. Considering our estate planning needs also required taking into consideration and planning for incapacity....
If you are a single parent, life for you right now probably couldn’t get any busier. You are likely being pulled between work, school activities, sports teams and the inevitable emergencies that fill the lives of single parents everywhere. Being a single parent is a...
A trust is a legal creation set up to benefit someone or something. For example, some people set up trusts to benefit their children, their grandchildren, or even charities. It is easiest to understand if you think about three separate people being involved. One...
A will is one of the most basic New York State estate planning document, and everyone should have one to make sure that there is no question about what would happen to your assets and kids if something happens to you. But there are some cases when having a trust in...
For those of us who have pets that would be left behind after we die, there may be a desire to make arrangements for their well-being. Making provisions for pets in your will can only be done through the establishment of a trust. Pets are considered property and, as...