Why Is Estate Planning Important for Residents of Syracuse?
Estate planning is a topic that may not come naturally to many people, nor do they necessarily desire to think about it, since it invokes thoughts of one’s demise and leaving their family behind. However, the consequences of failing to make a comprehensive estate plan could be enormous and cause severe disruption...
Why Is Estate Planning Important for Residents of Syracuse? Continue reading…

Remember Your Cryptocurrency When Estate Planning
Consider your digital assets. At this point, almost everyone has some. It may be pictures stored electronically, your social media accounts, or it may even contain something like cryptocurrency. Cryptocurrency, in particular, is a more recent phenomenon, but its presence persists and it continues to gain in more widespread appeal. A larger...
Remember Your Cryptocurrency When Estate Planning Continue reading…

Selecting a Guardian for Young Children
Do you have young children? If so, putting an estate plan in place should be a priority for you. Yes, estate planning is about property distribution after you pass away, but it is also about so much more. For instance, one important thing that you can accomplish through estate planning is...
Selecting a Guardian for Young Children Continue reading…

The Difference Between a Living Trust and a Will
While you may have heard of both a will and a living trust, you may think of them separately and not subject to comparison. The truth is that both a will and a living trust can have an important place in an estate plan. In fact, both can act as a...
The Difference Between a Living Trust and a Will Continue reading…

What Should Be On Your Estate Planning Checklist
There are a number of excuses as to why people choose to delay estate planning. They don’t think they are old enough. They don’t think they are wealthy enough. They feel in good health and figure they do not need to start estate planning. They are too busy and will get to...
What Should Be On Your Estate Planning Checklist Continue reading…

Moving? Remember to Update Your Estate Plan
Summer can be a busy time! The kids are out of school, you are getting out to enjoy the summer sun, and, for many, it can be a great time to move. While moving, especially when relocating out of state, can be rife with challenges, it can also be an exciting time....
Moving? Remember to Update Your Estate Plan Continue reading…

How Remarriage Can Impact Estate Planning
After putting an estate plan in place, life continues moving forward. Families change. There are marriages and there are divorces. There are births and there are deaths. Because of this, it can be critical to keep your estate plan updated to reflect your most current life circumstances. After a major life...
How Remarriage Can Impact Estate Planning Continue reading…

Portability of the Estate Tax Exemption
The federal estate tax is applicable to the transfer of property after a person’s death. The tax can end up taking a significant portion of the estate’s value. The good news is, however, that the tax only applies to the part of the estate’s value that exceeds the federal estate tax exemption...
Portability of the Estate Tax Exemption Continue reading…

Are There Different Types of Trusts Used in Estate Planning?
A solid, comprehensive estate plan will help ensure that there will be a smooth transfer of assets to a person’s selected beneficiaries once he or she passes away and that everyone’s best interests are protected the whole way. Without proper planning, inheritances can be whittled away by taxes, excessive court costs,...
Are There Different Types of Trusts Used in Estate Planning? Continue reading…

The Benefits of a Special Needs Trust
A special needs trust is a legal tool designed to both hold and protect assets for the benefit of a disabled beneficiary. The structure of a special needs trust allows both a special needs individual, as well as family members and loved ones, to contribute assets and other resources to the trust...
The Benefits of a Special Needs Trust Continue reading…

What Is a Pour Over Will?
Estate planning is so much more than a last will and testament, although most people associate the two. Estate planning has a number of valuable legal tools you can put in place to help you accomplish unique, specific goals that meet your own objectives. For instance, have you ever heard of...
What Is a Pour Over Will? Continue reading…

Common Estate Planning Mistakes to Avoid
Estate planning puts important legal tools in place that can provide serious protections for you and your family. While estate planning can provide critical benefits for you and the ones you loved, estate planning the right way is very important. There are several mistakes people make in estate planning that can be...
Common Estate Planning Mistakes to Avoid Continue reading…