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ESTATE PLANNING

testamentary trust definition

In the intricate ​landscape of estate planning, a testamentary trust stands as a ‍pillar of security and foresight for individuals seeking to safeguard their assets

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Anticipated Reduction in Federal Estate Tax Exemption: The federal estate tax exemption is scheduled to decrease from approximately $13.99 million to around $7 million per individual after December 31, 2025. It’s crucial to explore strategies to utilize the current higher exemption before it reverts to lower levels.

As the calendar inches ‌closer ​towards December 31, 2025,⁣ high-net-worth individuals are‍ keeping a watchful eye on the anticipated reduction in⁣ the federal estate tax

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ESTATE PLANNING

trustee vs power of attorney

As individuals navigate the complex landscape of estate planning, the‍ decision between‌ appointing a trustee or a power of attorney holds significant weight in ensuring

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ESTATE PLANNING

Probate Lawyer Long Island

Introduction Probate is a legal process that involves administering a deceased person’s estate and ensuring that their assets are distributed to beneficiaries according to their

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ESTATE PLANNING

setting up a trust bank account

In the ‍intricate world of estate planning and asset protection, the establishment ‌of a trust bank account stands as a cornerstone of financial security and

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TRUST LAW ATTORNEY LONG ISLAND
ESTATE PLANNING

TRUST LAW ATTORNEY LONG ISLAND

Trust Law Attorney Long Island: Your Trusted Partner in Estate Planning Introduction In estate planning, trusts have emerged as powerful tools that offer individuals a

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ESTATE PLANNING

Who pays the beneficiaries of a will?

Estate Planning: Ensuring Fair Distribution to Beneficiaries Estate planning is a complex process that requires careful consideration and execution. A common question that arises in

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ESTATE PLANNING

per capita in a will

In the intricate world ⁤of estate planning, the concept⁤ of per capita in​ a will ‌holds a significant role in determining ⁢the distribution ‌of assets

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ESTATE PLANNING

owned in severalty

In the realm of ⁢real property law, the concept of “owned in severalty” is a fundamental principle that carries significant implications for individuals ​and their

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ESTATE PLANNING

when to set up a trust

As seasoned legal professionals at Morgan⁢ Legal Group⁤ in New ⁣York City, we understand the importance of⁣ careful planning when it comes to estate matters.

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ESTATE PLANNING

how to check the deed of a house

When ​it comes to⁤ purchasing a new home, one⁢ of the ⁣most ⁤crucial steps in ensuring a⁢ smooth and secure ​transaction is verifying the deed⁣

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ESTATE PLANNING

sample will with specific bequests

When crafting a will, ‍ensuring that specific bequests are ⁤accurately outlined is crucial in avoiding disputes among beneficiaries. In ‍this article, we will delve into⁤

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ESTATE PLANNING

In what circumstances do you not need probate?

Probate, a process often associated with complexity and delay, is not always necessary in the administration of a deceased ⁣individual’s ‍estate.⁣ As⁤ experienced probate attorneys​

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ESTATE PLANNING

What undermines the level of trust?

In a world where trust is⁤ the‍ cornerstone‍ of so many relationships and institutions, it ⁤is​ crucial‍ to understand the various‌ factors ‌that can undermine⁤

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ESTATE PLANNING

Understanding Probate In New York

Understanding Probate Probate is a critical aspect of estate administration, and understanding how it works in New York is essential for individuals engaged in estate

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ESTATE PLANNING

Brian Lyda, Esq. 

Early Life and Education A native of New York, NY, Brian S. Lyda, Sr. has forged a diverse and accomplished career at the intersection of

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probate period after death

In the intricate tapestry of estate⁤ administration, the ‌probate period after death stands as a crucial phase in ⁣ensuring the orderly ⁢distribution of assets and​

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ESTATE PLANNING

how to build a trust fund for your child

In the intricate tapestry‌ of family wealth preservation, the establishment of a trust fund for​ one’s progeny ⁣stands as a ​cornerstone of⁤ financial security and

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