Albany Legal Blog

will you owe estate taxes in new york
Estate Planning

Will You Owe Estate Taxes in New York?

As you get deeper and deeper into the estate planning process in New York, you begin to recognize opportunities to settle your pending liabilities and avoid any unnecessary expenses against your estate (thus preserving even more assets for your beneficiaries). Yet one potential expense hangs over your estate that may

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child on the deed
Estate Planning

Is Putting my Child on the Deed to my Home a Good Idea?

One of the main goals of New York comprehensive estate planning is to avoid probate as much as possible. Probate is not only a very public mechanism, but it can also be expensive and take a long time. Some people think that putting their adult child’s name on the deed

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What is a Simple Will?

If the idea of crafting a will seems extremely daunting, you are not alone. Many people hesitate to start the estate planning process because it seems like it will be a big, complicated affair. However, this is not necessarily the case, and in certain circumstances having a simple will is

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Why New Parents Need an Estate Plan in NY
Estate Planning

Why New Parents Need an Estate Plan

As new parents, you and your spouse have plenty of things to think about. Estate planning likely is not one of them, but it should be. Why? Because regardless of your age or the amount of wealth you possess, good parenting requires you to provide for your new child.  The

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What Should You Prepare for Your Executor
Estate Planning

What Should You Prepare for Your Executor?

Estate planning takes many steps to ensure that things go smoothly in the future. It is crucial to do this carefully so that all of your intentions are correctly fulfilled. We often are asked, “What Should You Prepare for Your Executor?” Here are some things you can do to prepare

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business successor new york
Estate Planning

Should You Look for a Business Successor Already?

New York business owners have a lot of dedication to their work. After all, they built their business from the ground up. With the time and effort you put into crafting your business, you deserve to see it flourish for a long time to come. One of the most important factors

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