by Regina Kiperman | Jan 8, 2018 | Featured, General, Trusts
This guide will help beginners in NYC understand what a trust is, how it differs from a will, and whether you should have one as part of your estate plan. What is a trust? A trust is a contract. It is a legal document that creates a relationship between the creator...
by Regina Kiperman | May 15, 2017 | Deed, Featured, Probate, Trusts
Alice and Bill live in Brooklyn. They are about to purchase their first home. Understanding how expensive the Brooklyn real estate market is, Alice’s mother, Cathy, is going to contribute some money towards the purchase of the property. But how can...
by Regina Kiperman | Nov 1, 2016 | Administration, Estate Planning, Trusts
In certain, but not all, situations, it may make sense to create and fund a “lifetime” or revocable trust. The below are a few factors you should consider in determining whether such a trust makes sense for you. Avoid Court Meddling Many people desire to...
by Regina Kiperman | Jul 13, 2016 | Elder Law, Estate Planning, Featured, Inheritance, Trusts
Last week Alice’s father died. Alice sought to become the Administer of his estate. Alice also wanted a piece of her father’s small fortune. There was only one small problem. Alice’s father was not listed on Alice’s birth certificate. Nor, for that matter, was Alice’s...
by Regina Kiperman | Mar 17, 2016 | Featured, Trusts
Many New York residents who have looked into estate planning are familiar with revocable trusts. These trusts are often favored because they can be changed during the lifetime of the grantor, unlike an irrevocable trust, which cannot be easily changed once executed....
by Regina Kiperman | Mar 3, 2016 | Featured, Trusts
Some New York residents may neglect to plan for their future needs and those of their families. Some suggest that estate planning can be compared to planning for a trip, with an estate plan acting like a road map. Just as there is a need for gathering information and...
