A testamentary trust helps with overall wealth management by protecting the testator’s assets after their death. This type of trust can be used to name minors as beneficiaries of the testator’s estate ...

It’s most people’s worst nightmare: they die and their family fall apart, due to perceived unfairness. Here’s what to do to ...

Q: I created a trust for my grandchildren in my will. When I tried to change the beneficiary of my life insurance policy to the trust, the life insurance company insisted that I provide a copy of the ...

One of the biggest myths and misconceptions of estate planning is that a will controls the disposition of all one’s assets at death. This is not the case. Failing to distinguish the difference between ...

Many people fear the word probate, and it is not without reason. Probate can be a tedious, expensive and lengthy process, where you are at the whim of the court’s timeline. But what is probate?

A will only won't secure your legacy. It's just one estate planning document of many. Learn which ones matter most, how they ...

Q: Our will creates a trust for our grandchildren. We tried to set up a bank account but the bank said they needed a trust agreement, not a will. Can’t a will set up a trust? Why won’t the bank accept ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

When a spouse exercises his or her right to elect against a decedent's will pursuant to EPTL 5-1.1-A, there is, in effect, an alteration to the decedent's testamentary intent as expressed in that will ...

There is much discussion about the numerous and creative ways in which parents attempt to control their children during life. However, equally interesting are the ways that parents attempt to control ...