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Step-Up in Basis Explained
Read more: Step-Up in Basis ExplainedIn estate planning, understanding tax basis isn’t just helpful—it’s essential. The way basis is calculated can dramatically affect how much your beneficiaries pay in capital gains tax when they sell inherited or…
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What About the Children?
Read more: What About the Children?What Happens to Minor Children When Their Parents Pass Away in New York One of the most frightening questions families face after the death of a parent is simple but deeply important:…
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The Dog’s Will – A Cat’s Reply
Read more: The Dog’s Will – A Cat’s ReplyThe Dumb Dog that Dares to Defile my Domicile Drafted a Disposition Document. Oh.A will? How… earnest. While my canine colleague drafts documents about chew toys and emotional legacies, I feel compelled…
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The Uniform Principal and Income Act in New York
Read more: The Uniform Principal and Income Act in New YorkTrust administration in New York is not just about following the terms of a trust—it also means understanding the laws that fill in the gaps. One of the most important of those…
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I’m an Executor. Now What?
Read more: I’m an Executor. Now What?Being named an executor of an estate in New York is an important responsibility—but it often comes with confusion and stress. Many people ask the same question after a loved one passes…
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New York Passes Electronic Wills Law
Read more: New York Passes Electronic Wills LawNew York has officially joined a growing number of states permitting electronic wills—but that does not mean it was a wise move. On December 12, the New York Electronic Wills Act, were…