Important tips for wills and estate planning.
https://www.nytimes.com/2017/04/21/your-money/wills-avoiding-family-conflict.html?rref=collection%2Ftimestopic%2FEstate%20Planning&action=click&contentCollection=your-money®ion=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=collection&_r=0
Sound estate planning now, will save time, money and anguish later.
https://www.forbes.com/sites/steveparrish/2014/05/13/legal-mistakes-that-haunt-after-death-three-cases/#37ef756f6467
Five Documents You Need to Avoid Costly Estate Planning Errors
http://www.forbes.com/sites/peterlazaroff/2016/10/16/5-documents-you-need-to-avoid-costly-estate-planning-errors/#173801583ea7
Do You Need a Trust for Your Estate Plan?
The attached article provides a good explanation of trust planning.
NYS Estate Tax Changes: The Good News, and the Bad News
As of April 1st New York state doubled its estate tax exemption – the amount you can leave your heirs without paying state estate tax – and it is set to rise gradually through 2019 to eventually match the federal exemption, projected by then to be $5.9 million. That will make estate tax planning much easier […]
Gov. Cuomo Proposes Changes to NYS Estate Tax
New York is one of only fourteen states that tax estates. That means in addition to the federal estate tax, a New York estate could be paying another 9% – 16% to Albany – a fact that some believe is leading to a migration from New York to other states. Governor Andrew Cuomo’s new budget […]
