Blog Posts in February, 2012

  • Make Sure You Have All the Proper Estate Planning Tools

    || 28-Feb-2012

    The crux of an effective estate planning strategy is a will. However, when it comes to preparing a will, many adults in New York and elsewhere fall short. According to a recent study, more than 50 percent of all adults don't have a will, and less than 10 percent of adults under age 35 have drawn up a will. There are many reasons people should have a will on file, but certainly one of the main ...
    Continue Reading
  • Facebook After Death: Will Legislators "Like" Proposed Bill?

    || 24-Feb-2012

    There are many facets of a person's life that must be dealt with after death by those who are charged with estate administration. While most of the responsibilities for estate administrators are financial in nature, there is one relatively nascent "asset" that people have but is often unaccounted for in estate planning: a Facebook account. There are some contingencies in place ...
    Continue Reading
  • The death of singer Whitney Houston late last week has sparked renewed interest in the entertainer's music. Her best-known song "I Will Always Love You" quickly became the most-downloaded song on iTunes on the eve of the Grammy Awards. But even before the singer's funeral could take place or the cause of her death could be established, speculation had already begun about what it ...
    Continue Reading
  • Children in New York and around the country--indeed, around the world--are taught at an early age of the bravery and courage of Rosa Parks, the African American woman who famously refused to give up her seat to a white man on an Alabama bus in 1955. Her act lit a fuse on the civil rights movement and brought a young preacher named Martin Luther King, Jr., to prominence. Unlike King, Parks herself ...
    Continue Reading
  • Nobody intends to make financial mistakes when it comes to funding their retirement. Unfortunately, a lot of people who are retired or are approaching retirement age in New York simply haven't done the preparation that they need in order to make sure that they have enough security for the remainder of their lives. Estate planning is a big component of a comprehensive wealth preservation ...
    Continue Reading