People in New York who are creating an estate plan may wonder whether their main document should be a will or a trust. Although both are used to pass assets to beneficiaries, the two are otherwise quite different. There are three different types of trusts. Revocable...
Month: July 2020
How to get the most from your estate planning efforts
If you're like most people in New York and throughout the country, there is a good chance that you haven't given much thought to your estate plan. This is likely because you don't want to think about dying or you feel that the process of creating a plan is too...
Roadside drug tests lead to wrongful convictions
New Yorkers may be surprised to read that numerous convictions have been overturned in the past few years in multiple states due to faulty roadside drug tests. Roadside drug tests are used by police to quickly check whether a substance is illegal. Police use the test...
How business owners can protect their assets
Those who own businesses in New York or elsewhere will need to account for both company and personal assets when creating their estate plans. This may be done by creating either a will or a trust. A will can include instructions as to who receives money or other...