In this week’s discussion of essential estate knowledge in the state of New York, we are going to turn our attention to the question of what happens to your estate plan if you go through a divorce. Anyone who is thinking about ending their marriage, already going through a divorce or who has recently been...

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While it might seem counterintuitive, a new survey from CNBC has revealed that a substantial number of America’s millionaires do not have an estate plan of any kind. The survey reveals that more than a third of people with a high net worth have taken no steps towards estate planning. While that percentage is better...

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Pet planning often serves as an important piece of an estate plan for any animal owner in the Brooklyn, New York area. In this week’s blog entry in our ongoing series on essential estate planning knowledge, we are going to take a look at what pet planning is. As well as cover other concerns such...

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Property transfers after death happen in four key ways. Understanding how each of these property transfers work, when they apply and how you can use them when you create an estate plan is essential. A good plan will rely on one or more of these property transfer methods. Your attorney will explain when you should...

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If you are married to a non-citizen spouse, there are some specific estate planning issues with which you need to be familiar with. In general, someone married to a non-citizen spouse has the same rights and abilities when it comes to creating an estate plan as everyone else. On the contrary, as you make your...

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For the last several years Walmart stores in the Toronto, Canada area began offering basic legal services to customers. The stores allowed customers to have documents notarized and even gave them the chance to create a basic last will and testament after talking to a lawyer. While these services have not yet come to Walmart...

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A lot of people have questions about trusts in New York, what they do and why they are so important when it comes to estate planning. In today’s blog post in our ongoing series on essential estate planning knowledge, we are going to turn our attention to these all-important estate planning devices. Understanding why trusts...

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People in the Brooklyn area who are starting the estate planning process should have a basic understanding of some common New York probate terms. The probate process can often appear to outsiders as an exercise in Byzantine complexity, but it doesn’t have to be that way. By taking the time to do some homework and...

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The process of choosing an estate executor in New York is not difficult. Typically, you will have to make your selection, name a person or organization in your last will and testament and make sure the will complies with New York law. As long as you do that a New York Surrogate’s Court will, almost...

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This blog post in our ongoing series on essential estate planning knowledge, we turn our attention to executors and the role they play in your estate plan. When people ask us about executors, they typically do so for one of two reasons. First, because they are creating an estate plan and want to know more...

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Minko Law Office

Minko Law Office