When parents have children under the age of eighteen (18) it is essential that they make provision in their wills for the appointment of a guardian for their children. Such an appointment can not be made under the terms of a revocable trust. It must be...

Knowing in advance what to do when a loved one dies can help alleviate uncertainty and anxiety. Of course, funeral arrangements must be made quickly. One should order a sufficient number of death certificates, as there may be a delay...

Owning property or dividing your time between New York and Florida can affect how your estate plan works when it is needed. Each state has its own rules for wills, trusts, probate, and incapacity planning, and those differences can create delays or complications if your documents are not aligned. 

Under federal law, each person can make tax-free gifts of up to $19,000 per person, per year. So as a married couple, you can give $ 38,000 per year to as many people as you want, usually without the necessity of filing a gift tax return. More importantly, these gifts...

If you split your time between Florida and New York, your estate plan needs to work across state lines. Snowbirds often run into trouble when documents are outdated, inconsistent, or not recognized during a medical or financial emergency in a different state.

Most snowbirds do not need complicated planning....

It is fairly common for New Yorkers to spend a few months in Florida or some other state. Whether you are heading to the Berskshires for the summer, or a warm destination in the winter, there are some relatively easy steps you should take in order to ensure that your...