Mullen and Iannarone, P.C.
Serving the legal needs of corporations, individuals and
families of Suffolk County since 1972

December 2016 Archives

Ethical will adds another layer to legacy estate planning

Estate planning for New York residents can require more than a basic will in some cases. Regardless of a person's financial status, several matters should be dealt with to both ensure one's wishes are carried out and protect the grieving family at a vulnerable time.

Baby boomers will transfer $30 trillion if they plan well

New York residents may be aware that baby boomers are the wealthiest generation of Americans in U.S. history. Whenthey pass away, they could transfer an estimated total of $30 trillion in assets to their children and grandchildren. However, if they don't properly plan their estates, the wealth that they hold could be chipped away before it is transferred to the next generations.