Estate Planning Internal Revenue Service Releases 2024 Lifetime Exemption and Annual Gift Exclusion Amounts On November 9, 2023, the IRS issued Revenue Procedure 2023-34, providing
Introduction Probate is a critical legal process that involves settling a deceased person’s estate, ensuring their assets are distributed to beneficiaries according to their will
Understanding Probate Probate is a legal process that follows the passing of an individual, involving the validation and execution of their will. In New York,
Introduction As an executor of an estate in New York State, one of your primary responsibilities is to distribute the deceased’s assets to the beneficiaries
Life insurance is often viewed as a safeguard for loved ones after we pass away, providing financial security and peace of mind. However, have you
Four Must-Have Estate Planning Documents in New York Estate planning is a critical process that ensures your assets are protected, and your wishes are honored
Have you ever wondered whether placing your most prized possession, your home, in a trust is the right decision for you? Trusts have long been
As we age, legal matters become more intricate, making the guidance of an experienced NYC elder law attorney essential. At Morgan Legal Group PLLP, located
Four Must-Have Documents for Estate Planning in New York Estate planning is a crucial process that allows you to protect your assets, provide for your
Introduction Estate planning is a fundamental step towards protecting your assets, ensuring your legacy, and providing for your loved ones after you’re gone. If you
Estate Planning Lawyer Long Island: Safeguarding Your Legacy and Securing Your Family’s Future Introduction In the scenic landscape of Long Island, New York, life unfolds
Understanding Medicaid Asset Protection Trust in New York When it comes to planning for long-term care and preserving your assets, a Medicaid Asset Protection Trust
Introduction The passing of a loved one is undoubtedly a challenging and emotional time. In addition to dealing with grief, there may also be the
Have you ever wondered how banks seem to magically know when someone has passed away? The answer lies in a series of intricate and fascinating
Introduction Creating a comprehensive estate plan is a proactive step towards securing your legacy and providing for your loved ones after your passing. If you’re
What is the Probate of a Will in New York 2024? In the ever-evolving landscape of New York estate law, understanding the probate process in
The Three Essential Elements of an Estate Plan in New York Creating a comprehensive estate plan is a crucial step in ensuring that your assets
Introduction Regarding estate planning and probate, having an expert attorney by your side can make all the difference in ensuring your assets are protected and
Wills and Trusts: A Comprehensive Guide When it comes to estate planning, two essential tools that individuals often consider are wills and trusts. These legal
Probate is the judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of
When a loved one passes away, the task of closing their bank account can be a complex and overwhelming process. As experienced probate attorneys at
When it comes to protecting assets, trust can be a powerful tool. However, not all trusts are created equal when it comes to hiding assets.
Introduction Trusts are powerful legal instruments that allow individuals to protect their assets, manage their wealth, and secure their legacy. In Brooklyn, trust law plays
How Can an Estate Lawyer Help a Plumbing Company? When you think of estate lawyers, you might envision individuals helping families plan for the transfer
Death can bring not just grief, but also confusion and complexity, especially when it comes to matters of finances and legal decisions. One common question
The 5 Components of Estate Planning in New York Estate planning is a complex and multi-faceted process that is essential for protecting your assets and
Introduction Estate planning is a critical step towards securing your family’s future and ensuring your assets are distributed according to your wishes. For residents of
Gift-giving is a common practice amongst friends and family members, a gesture that often comes with heartfelt sentiments and good intentions. However, what many fail
Introduction Creating trust as part of your estate planning strategy can effectively safeguard your assets and ensure their efficient distribution to your beneficiaries. Trusts offer
Probate is a legal process that takes place after an individual’s passing, involving the validation of their will, settlement of debts, and distribution of assets
