The Law Offices of Nicole J. Zuvich, P.C. Legal Blog
Why you need to know about testamentary capacity
The best estate plans are specific and clearly articulate how an estate should be handled and distributed when the time comes. Yet, fights over estate distribution come up all the time, especially when a significant number of assets is involved. That may make you...
How can you make an efficient estate plan?
Estate planning is an excellent way to provide instructions for everything from your desires for medical care to how you want your assets distributed. Thoughtful strategizing can optimize your plan. Having an efficient method may prevent confusion and discord for your...
What can your loved one buy with special needs trust funds?
The future is uncertain. That can be an uneasy feeling under any circumstances, but it can be especially concerning when you have a special needs child who will need care and support even after you’re gone. As we’ve discussed previously on this blog, a special needs...
The estate executor has a big job to do
When you write your will, one of the decisions you need to make is who to name as your estate's executor. Although you may see this as a minor decision, you must realize that the role is an important one. The job of the executor is to manage the estate after your...
Planning for the future when you have young children
Although it is an important part of estate planning, many people put off writing a will or taking any other steps for future planning. However, once children come along, it is imperative that parents begin to take some action. There are various things to think about...
Caring for your parents in their senior years
Watching your parents age and seeing their independence fade can bring feelings of sadness and uncertainty. Thankfully, you have the chance to participate in their care. Knowing how to provide for the needs of your parents can increase your confidence. With your help,...
Ways to avoid probate
Probating an estate can be a lengthy, costly, and sometimes acrimonious process. There are options that can help avoid probate for your estate. Probate Probate is the judicial process of proving a will after its maker, the decedent, dies. It also settles an estate if...
What is a living will and what does it address?
A living will can help express the estate planner’s most important healthcare decisions when they are unable to do so for themselves. Living wills are important for estate planners to understand and important for them to have to help provide them and their family...
The importance of pet trusts
For many people, their pets are essential companions. Throughout a worldwide pandemic, many sought a dog, cat, or other animals to keep them company while sheltering at home. In turn, these creatures are dependent on their owners to provide care and comfort. For many,...
Is a spendthrift trust right for your estate?
You’ve worked hard to accumulate your assets. You certainly don’t want them to be squandered away after you pass away. But this is a very real concern for many New Yorkers. It’s understandable, too, given that many individuals nowadays lack the financial planning...