Estate planning helps ensure that you and your loved ones will be protected no matter what the future holds. In our blog, we discuss the elements of an estate plan, how an estate plan prepares for possible illness or incapacity, what you can do to leave a lasting legacy for your loved ones, and much more. For answers to questions about your specific estate planning needs, please contact our office to request a free initial consultation with an experienced estate planning attorney Brooklyn families trust.
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Yes, Even Millennials Should Have An Estate PlanDespite common misconception, younger individuals can benefit from having estate planning documents in place. Here are some helpful documents for millennials.
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How to Get the Most out of Retirement: “Stretching and Protecting” Your Wealth
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Do You Need a Trust?Trusts can be of major assistance in achieving your estate planning and asset protection goals. What is a RLT? is it a necessary addition to your estate plan?
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The Pros and Cons of Using AI for Estate Planning DocumentsAI can be a helpful research tool when planning for the future. But using AI to generate estate planning documents can bring legal trouble and heartache.
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The Federal Estate tax exemptions is set to increase in 2024.Understand the 2024 IRS adjustments for gift and estate tax exemptions. Learn how these changes impact your financial legacy and estate planning strategies.
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Estate Planning Tips for the New YearLife is full of changes, however, with these helpful tips, you can ensure that your estate plan best serves you.
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Understanding Estate Taxes and How to Minimize ThemUnderstand estate taxes and discover strategies to minimize their impact on wealth transfer and estate planning for effective financial management.
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Can You Still Retire Comfortably On A Million Dollars?Despite changes in the economic climate, you can retire peacefully with $1,000,000. Here's how you protect you, your loved ones, and get the care you need.
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Trust decanting is a process that can be utilized to modify or alter the terms of an irrevocable trust.An irrevocable trust is an estate planning tool designed to limit the grantors' ability to alter its terms - but there are steps you can take to change it.
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Naming a beneficiaries to accounts can cause unintended problems. Learn why there are better alternatives to naming a beneficiary to an account.Adding a family member as a beneficiary to an account can be a low cost way to plan part of an estate, but sometimes there can be drawbacks.
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Planning as part of the sandwich generation presents enormous challenges. Here are 6 steps to take to meet those challenges.The "Sandwich Generation" is caught between caring for their parents and their children. Planning for them both can be challenging.
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Holiday gatherings with family may be a good opportunity to discuss many aspects of an aging loved one's planning and wishes should they get sick.Family get togethers are not merely an opportunity to reconnect with loved ones.