New York Estate Planning Blog

Estate Planning Law Firm Serving New York

A California will does not automatically determine how property abroad will pass. The law where the property is located may …
Cross-border inheritance lawyer in NYC for foreign property
A foreign inheritance can trigger U.S. reporting without making the inherited amount taxable income. For foreign inheritance tax issues for …
Foreign inheritance tax for US residents in NY: who pays US tax
The most protective beneficiary of a life insurance policy may be a trust, not your child. A policy can help …
New York parent and attorney plan life-insurance funding for a child’s special-needs trust
U.S. citizenship alone doesn’t determine whether your estate owes tax. A nonresident alien’s U.S. estate is generally subject to federal …
US Estate Tax for Nonresident Aliens: Which US Assets Are Taxed
For estate planning for business owners in NYC, commonly used tools include wills, trusts, buy-sell agreements, life insurance planning and …
Estate planning for business owners NYC: key tools and tax considerations
The payout structure is the key difference: a charitable remainder unitrust recalculates its payment each year based on the trust’s …
How charitable remainder unitrust payouts work in New York
New York does not allow couples to form a common-law marriage: the state abolished it in 1933. It does recognize …
Estate planning for unmarried couples in NYC: what you need
The best way to talk to parents about estate planning is to start privately and gently, centering their care and …
How to Talk to Parents About Estate Planning and Their Wishes
Updating a power of attorney in NY is generally the principal’s decision: you can revoke it if you have the …
Updating Power of Attorney in NY: How to Revoke It
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