For most people, writing a will isn’t a one-and-done event. Unless your will is drafted very near the end of your life, chances are good that changes over your lifetime will make it necessary to update your will and other [...]
A handwritten will, also known as a “holographic will,” may be valid if certain requirements are met. In fact, it may seem that a handwritten will has advantages. For example, a holographic will can be valid even without the witness [...]
The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can [...]
If you’re over the age of 18 and are thinking about the right time to create a will, chances are good that the answer is “now,” or even “you should have taken care of that a while ago.” Of course, [...]
You’ve undoubtedly heard that it’s important for all adults to have a will or other legal plan for passing assets and getting debts settled when they pass away. You may also have heard that, despite that importance, most Americans don’t [...]
You have worked hard for years, have family members and friends you care about, and have approached a time in your life when “estate planning” sounds like something you should do, but you are not exactly sure why. You may [...]
You May Not Think You Need a Will, but You Really Do. Most Americans do not have a simple will as part of their estate plan. You might believe that a will is only for the rich and famous, and [...]
Traveling between New York and New Jersey is a routine matter for many local residents. It’s even common to live in one state and work in the other. With this frequent movement between states, it’s easy to forget that they’re [...]
People often ask whether a will or a living trust is “better.” The answer is that there is no one-size-fits-all answer. The right structure for your estate plan depends on the size of your estate, the nature of your assets, [...]
With extreme wealth accumulated, one would assume that celebrities would take steps to protect their estates. But think again: Some of the world’s richest and most famous people enter the pearly gates with no estate plan in place, while others [...]