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Deciding Domicile for an Estate: Residence versus Domicile
Estate Domicile vs. Residence The estate details of famous actress and comedienne Joan Rivers are largely unknown. The public is aware that she left her $150 million estate to her family, friends,...
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Understanding the Law: What Happens to Debts When You Die?
Everyone who creates an estate plan is considering what assets that they want to pass on to their heirs when they die. However, many do not consider what happens to your debts when you pass away....
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You May Need a Lawyer: New York Fiduciaries Can’t Represent Themselves in...
Estate executors and administrators are not allowed to represent themselves in New York’s Surrogate’s Courts. The general rule is that non-attorney individuals are permitted to represent their own...
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Separating Estate Plans after a Divorce
There are many things that you must sort out and put back together after a divorce, but you should not put off separating your estate planning documents. It is vitally important that you update all of...
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Protecting Publicity Rights in Estate Planning
The use of the names, images, and likenesses of famous celebrities has value long after they die. Elvis Presley, Michael Jackson, Marilyn Monroe, and Babe Ruth all come to mind. However, it is not just...
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Taking Care of Your Pets After You Die
Non-animal lovers may find it hard to believe, but more and more pet owners are leaving their fortune to their pets. Joan Rivers made sure her dogs were taken care of after she passed away by including...
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Disinheriting Your Spouse
While it is more common to hear of people disinheriting their adult children, disinheriting a spouse is rare. That is because in the State of New York, you cannot disinherit your spouse. You cannot...
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Inheritance Rights of Posthumously Conceived Children
Thanks to the advancement of technology, couples who are suffering through infertility now have a chance to get pregnant. The most widely known treatment is in vitro fertilization. Through this method,...
View ArticleCommon and Costly Estate Planning Errors
It is not uncommon for even the very wealthy or public figures to miss the boat when it comes to proper estate planning. While you might think that you are too young, too poor, or too healthy to have...
View ArticleHelping Your Family to Avoid Conflict
Many Americans are woefully unprepared for the unexpected; and that is understandable. Most people do not enjoy contemplating their own demise, and will latch on to any opportunity to avoid the topic....
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