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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Can You Prevent Family Fights over Inheritance?

By: Nick Leydorf
In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.
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Posted on: November 30, 2022 |
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Can I Protect My Elderly Parents?

By: Nick Leydorf
medical POA
As the American population of seniors continues to expand, the need for intentional estate planning becomes more urgent, especially for the children of aging parents.
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Posted on: November 29, 2022 |
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Top Five Estate Planning Mistakes

By: Nick Leydorf
Fundamental estate planning
Overlooking an important step or making a blunder can derail all your careful planning, leaving your heirs and beneficiaries with a headache-inducing challenge.
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Posted on: November 28, 2022 |
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How Many Americans Suffer from Dementia?

By: Nick Leydorf
About one in 10 U.S. adults over 65 has dementia and even more have mild cognitive impairment, updated national estimates suggested.
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Posted on: November 17, 2022 |
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Why Is Power of Attorney So Important for Estate Planning?

By: Nick Leydorf
Estate planning takes a lot of time, but another factor that needs to not be overlooked is having a power of attorney.
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Posted on: November 16, 2022 |
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Is Spouse Automatically Your Beneficiary?

By: Nick Leydorf
If the surviving spouse is a second or subsequent spouse and did not have any children with the decedent, the surviving spouse takes even less.
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Posted on: November 15, 2022 |
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What to Do When Your Spouse Dies

By: Nick Leydorf
Here's Why You Need an Estate Plan
Here is a list, in no particular order, of what needs to be done after someone passes to help you during this difficult time.
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Posted on: November 11, 2022 |
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Major Blunders in Estate Planning

By: Nick Leydorf
It goes without saying that everyone should have an estate plan.
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Posted on: November 10, 2022 |
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The Benefits of a Good Estate Plan

By: Nick Leydorf
a notebook with many questions
Estate planning helps you avoid many unfortunate situations. While it can take some time and money upfront, you can avoid many worse problems later on.
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Posted on: November 9, 2022 |
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What Happens When Inheritances are Unequal?

By: Nick Leydorf
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.
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Posted on: November 8, 2022 |
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