By Brian Figeroux, Esq. Estate planning is a critical step in securing your family’s financial future and ensuring your assets are distributed according to your wishes. In New York, two of the most commonly used estate planning tools are wills and trusts. While both serve the purpose of asset distribution, they function differently and offer […]
By Chris Tobias Estate planning is a crucial process that ensures an individual’s assets are distributed according to their wishes after death. One of the most effective tools in estate planning is life insurance, which provides financial security for beneficiaries and helps manage estate-related expenses. Whether through whole life insurance or term life insurance, these […]
By Brian Figeroux, Esq. | Editorial Credit: Ragma Images / shutterstock.com A Transfer on Death Deed (TODD) is an estate planning tool that allows real property to pass directly to designated beneficiaries upon the death of the owner, without the need for probate. While TODDs are available in many states, New York currently does not […]