A contributor to a recent financial planning article asks readers to consider what their state of mind would be in the event that every personal Internet file they had created suddenly disappeared.
Mentioning the phrase “estate planning” to many people likely conjures in their minds the creation of a will and attendant distribution of assets to family members.
Mentioning the phrase "estate planning" to many people likely conjures in their minds the creation of a will and attendant distribution of assets to family members.
Many people in New York and elsewhere think that estate planning can be insuperably difficult, with so many tortuous twists and turns that doing it right is just about impossible.
Do it yourself.
Here’s why having ready and consistent access to an experienced estate planning attorney is critically important for any person or family concerned with wealth-related considerations: Money matters are complex, whether they relate to taxes, shielding and passing along assets, spending-down rules and regulations linked to government programs, trust creation, guardianships and myriad other estate planning matters.
Any article written in the United States that focuses on pets can pretty safely get a central truism immediately out of the way, namely this: We are a nation of unabashed animal lovers, plain and simple. Estimates on what Americans spend annually on their pets for medical visits and treatments, food and toys -- even things like clothes and spas -- easily run into the billions of dollars.
Another actor with strong New York ties is leaving behind both a professional legacy of high merit and questions surrounding the distribution of his personal estate.
When people think about estate planning, they typically think it is only something that people need to do if they are elderly or ill. While these are certainly instances when many people would probably have some kind of an estate plan in place, planning ahead can be beneficial to just about any person who lives on or around Long Island.