One of the key considerations in estate planning is deciding between per stirpes and per capita distribution methods. While both approaches aim to distribute assets among descendants, they differ significantly in their execution and implications. It’s important to understand the difference between both distribution methods when deciding how you want your estate to be administered. Per Stirpes Distribution Per stirpes, …

A will is a crucial legal document that ensures your assets are distributed according to your wishes upon your death. In the state of New York, having a well-drafted will provides numerous benefits and advantages for individuals. Some of those benefits include the following: Control Over Asset Distribution: By having a New York will, you retain control over how your …

Introduction: In the realm of estate planning and wealth management, trusts have emerged as highly effective tools for safeguarding assets and securing the financial future of beneficiaries. In the state of New York, creating a trust provides individuals with numerous advantages and benefits. In this blog post, we will explore the benefits of establishing a New York trust and shed …