Most people think a will is enough. It’s not, especially when your family is left sorting through court filings, unexpected delays, and costly legal fees after you're gone.rnrnA revocable living trust is one of the most powerful tools in estate planning, offering flexibility during your lifetime and simplicity after your death. Unlike a will, a revocable trust allows your chosen trustee to manage and distribute your assets without court intervention. That means no probate. No waiting. No confusion.
Reena Gulati Blog
If all you needed for estate planning was a document, you could grab a will from Staples or download a form online. But estate planning isn’t about paperwork—it’s about protecting your family, your assets, and your legacy.rnrnThe Difference Between Documents and a Real Plan
I've encountered numerous complex family situations as an estate planning attorney. One increasingly common scenario involves older individuals living with younger partners, causing concern among their adult children about the family's assets. This delicate situation requires careful planning and open communication. If you’re in this situation, how can you secure your assets for your heirs while maintaining a positive relationship with your partner?
Inheriting property can be complex, especially when the beneficiary is a minor. In New York, the legal challenges that arise when a minor child inadvertently inherits a deceased parent's property are significant. Understanding these challenges and how to address them is crucial to ensuring the minor’s interests are protected and the property is managed effectively.
Estate planning is a crucial aspect of securing your legacy and ensuring your loved ones are taken care of after your passing. One of the most effective tools in this process is a trust. Trusts offer numerous benefits, particularly in avoiding the often cumbersome and costly probate process but that isn’t the only reason to have a trust.
