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Basic Estate Planning Documents

Basic Estate Planning Documents

Basic Estate Planning Documents Estate planning aims to achieve a number of objectives including, but not limited to, designation of guardians, incapacity planning, asset protection, asset distribution and wealth maximization. It may involve various legal and...
Is a Joint Will a Good Idea?

Is a Joint Will a Good Idea?

Is a Joint Will a Good Idea? A joint will is a will that two or more people make together, rather than each making their own will individually. In practice, a joint will is typically created and signed by a married couple in order to dispose of property that they own...
How to Properly Revoke a Will in New York

How to Properly Revoke a Will in New York

How to Properly Revoke a Will in New York There are various reasons why someone would want to revoke a will. Many, if not most, people make more than one will during their lifetime. Reasons for wanting to create a new will and revoke the old one can include divorce,...
Requirements for Executing a Will in New York

Requirements for Executing a Will in New York

Requirements for Executing a Will in New York Executing a will is the act of signing a will and making it legally binding. New York law has strict requirements for executing a will. First, a person executing a will must be at least 18 years old. The legal term for the...
What if Someone Dies without a Will?

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...