Beneficiary
What Is a Beneficiary? A beneficiary is the person or entity who will receive benefits from a life insurance policy, ...
Living Will
What is a Living Will? A living will provides instructions to your healthcare provider in the event that you are ...
Mitigate New York’s Estate Tax Cliff with Smart Estate Planning and Gifting Strategies – 2022 Update
While the large increase in the federal estate tax exemption has provided many with federal estate tax relief, New Yorkers ...
Estate Planning in Light of Current Law: Your Questions and Our Answers – 2022 Update
This post will help you consider estate planning strategies in light of the current federal estate, gift and generation skipping ...
Basics of Federal Estate, Gift, and Generation-Skipping Transfer (“GST”) Tax – 2022 Update
The bad news is that there is a federal tax on assets that you give away during life, at death, ...
Spousal Lifetime Access Trusts (SLATs): FAQs – 2022 Update
What is a Spousal Lifetime Access Trust (SLAT)? It is a trust that you (the grantor) set up for the ...
Understanding New York’s Estate Tax “Cliff” – 2022 Update
In 2014, dramatic changes were made to New York’s gift and estate tax law. For many clients, the subject of ...
Pay Attention to How Your Accounts are Titled
Do you have sizeable jointly-held accounts with your spouse? Is your estate large enough that it could be subject to ...
Revocable Trusts vs. Irrevocable Trusts: What Is the Difference?
A trust is an ideal way for individuals to transfer assets either during life or after their passing. At a ...
Executor
What Is an Executor? An executor, also called an executor of estate or executor of will, manages your estate after ...
Trustee
Trustee Definition A trustee is a person or a company that manages the trust assets for the benefit of a ...
