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.

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.

Posted on: November 16, 2022 | Estate Planning

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.

Posted on: November 15, 2022 | Estate Planning

What to Do When Your Spouse Dies

By: Nick Leydorf

Here is a list, in no particular order, of what needs to be done after someone passes to help you during this difficult time.

Posted on: November 11, 2022 | Estate Planning

Major Blunders in Estate Planning

By: Nick Leydorf

It goes without saying that everyone should have an estate plan.

Posted on: November 10, 2022 | Estate Planning

The Benefits of a Good Estate Plan

By: Nick Leydorf

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.

Posted on: November 9, 2022 | Estate Planning

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.

Posted on: November 8, 2022 | Estate Planning

Estate Planning for Different Ages and Stages of Life

By: Nick Leydorf

An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.

Posted on: November 7, 2022 | Estate Planning