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ARTICLES

What if Someone Dies without a Will?

What if Someone Dies without a Will?

A will leaves the estate to named persons and organizations. Through a will, the testator can make specific gifts, distribute percentages of the estate, and create trusts for management and future distribution of all or some of the assets of the estate.

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How Assets Pass to Heirs

How Assets Pass to Heirs

People often have misconceptions about how assets pass after death. Some even believe that if they do not transfer property they own to their children, it will go to the state.

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No-Contest Clauses in a New York Will

No-Contest Clauses in a New York Will

The purpose of a no-contest, or In-Terrorem, clause in a will is to deter a lawsuit challenging the will. If the person making a will sees potential red flags such as tensions between beneficiaries…

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