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September 2013 Archives

Will execution in New York essential to safeguarding assets

People often feel that they won't die for a while, so putting together a will -- especially when they are young -- is one of the farthest things from their mind in New York. However, it is never too early for them to be prepared if they die, as their family members will benefit from their advanced planning. One recent article emphasizes the value of will execution and why people fail to engage in this important activity.

New York will execution should address digital assets

A person may reflect on all of the assets they own and then wonder what will happen to their belongings when they die. Proper will execution in New York will certainly help them to have a plan in place to protect their assets when this happens. However, in today's society, assets are not merely physical property, such as land or cash in the bank: They can be digital as well. A recent article calls attention to the need to protect digital assets, a virtually new category of assets today.

New York will execution can protect your financial future

Putting together a will in the event that one dies may not be the most appealing activity. However, proper will execution in New York can protect a person's finances in addition to protecting their beneficiaries in the coming years. A person can dictate their future by determining how their property is distributed and who will serve as their young children's guardian when they die. A recent article highlights the specific areas that one must consider when putting together a complete and effective will.

Probate litigation complicated for land rich farmer's estate

Every single probate case is different and unique. In the State of New York, probate litigation can take unexpected twists and turns, especially when it is a high asset estate, multiple revised wills exist, and many different people come forward to make a claim on the estate. Recently, a probate litigation case has made the news due to the high value of the estate and the fact that the former owner of the estate was living a life of extreme poverty when he died.