by Colucci Gallaher P.C. | Aug 3, 2020 | Estate Planning & Probate
New York families often forget to update their beneficiary designations. If one doesn’t pay attention to this important process, there may be confusion and unintended consequences in the future. One major mistake is believing that a will is the final disposition...
by Colucci Gallaher P.C. | Jul 21, 2020 | Estate Planning & Probate
Estate planning is a great way for individuals to leave behind peace of mind for their surviving family members. By having a will, the assets are dispersed according to a person’s wishes. While individuals are still alive, they can put together living trusts,...
by Colucci Gallaher P.C. | Jul 17, 2020 | Estate Planning & Probate
While it may have taken a while, estate planning laws are almost in step with today’s technology. Estate plans created now are deemed incomplete if they don’t include a person’s digital life. Without those details, heirs can face obstacles, anxiety and unnecessary...
by Colucci Gallaher P.C. | Jul 13, 2020 | Estate Planning & Probate
New Yorkers who are new to estate planning may not know what happens to a will after a person passes away. Many people assume that assets listed in a will are automatically distributed to the named beneficiaries, but the process can actually take months or even years....
by Colucci Gallaher P.C. | Dec 19, 2019 | Estate Planning & Probate
Taking on the responsibility of being the executor of an estate is a decision that should be given serious thought. Even then, the probate process is such that it still can be difficult to complete once underway. Prospective executors should, therefore, know what...
by Colucci Gallaher P.C. | Oct 9, 2019 | Estate Planning & Probate
Losing a parent is devastating, no matter what age it occurs. If it happens when the children are adults, it is likely at least one will be in charge of ensuring the parent’s final affairs are settled. Acting as the executor of a New York estate can be...
by Colucci Gallaher P.C. | Aug 13, 2019 | Estate Planning & Probate
Many New York residents may feel intimidated by the idea of putting their final wishes down on paper. In fact, numerous people put off estate planning because they do not feel ready to take that step. However, it is important that adults plan sooner rather than later,...
by Colucci Gallaher P.C. | May 16, 2019 | Estate Planning & Probate
Uninformed New Yorkers often make decisions that work against their best interest. For instance, many people believe false information regarding estate planning, often resulting in individuals making no plan whatsoever. Not creating a plan, however, is a major...
