Informative Masterclass
How to Protect your Family’s Assets and Leave a Lasting Legacy
Save Your Spot Now!

White Plains & New City, New York Estate Planning & Elder Law Firm

Estate Planning and Elder Law Blog

Sort by Category:

Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Can a Revocable Trust Protect Assets from Creditors?

Posted on: February 24, 2023 | By: David Parker, Esq.
With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.
Read More

Presley Estate Battle Heating Up

Posted on: February 23, 2023 | By: David Parker, Esq.
Priscilla Presley believes she should be in charge of daughter Lisa Marie Presley's estate. However, a legal document filed seven years ago suggests that wasn't what the singer-songwriter wanted should she die.
Read More
What is a survivorship clause ?

Do You Need a Revocable or an Irrevocable Trust?

Posted on: February 22, 2023 | By: David Parker, Esq.
Trusts are excellent vehicles for probate avoidance, ease of transition of funds to one’s beneficiaries upon death, asset protection planning and estate tax planning.
Read More
What doesn't Medicare cover.

You Need a Properly Prepared Last Will

Posted on: February 21, 2023 | By: David Parker, Esq.
Although executing a will can seem overwhelming, when the document is signed, you can rest assured that you have given clear instructions to those who will have to handle your estate after your death.
Read More
What doesn't Medicare cover.

Does Will Have an Expiration Date?

Posted on: February 16, 2023 | By: David Parker, Esq.
If I have a current will that is about seven to 10 years old, do I have to write up a new will or can I edit the current will?
Read More
Beware Inheritance Theft

What Is Inheritance Theft ?

Posted on: February 15, 2023 | By: David Parker, Esq.
Receiving an inheritance could provide an unexpected (or anticipated) financial windfall. There’s just one thing you may have to contend with – people attempting to steal what you’ve inherited.
Read More
Keep your estate plan organized

What’s the Best Way to Organize Your Estate Plan?

Posted on: February 14, 2023 | By: David Parker, Esq.
Does somebody else know where it is in the event of your death or incapacity?
Read More
Can a BDIT save you on taxes?

What Is a Beneficiary Defective Inheritor’s Trust?

Posted on: February 13, 2023 | By: David Parker, Esq.
A Beneficiary Defective Inheritor’s Trust, also known as a ‘BDIT,’ is a specific type of estate planning trust.
Read More
What wrong with the Presley estate?

What’s a Bequest?

Posted on: February 9, 2023 | By: David Parker, Esq.
When a person uses a will to leave property to their family, friends or the causes they support, the act is known as a bequest. A bequest can be the cash, investments, jewelry or other items that a person passes to beneficiaries when they die.
Read More
Can a BDIT save you on taxes?

Who Gets Graceland after Lisa Marie Presley‘s Death?

Posted on: February 8, 2023 | By: David Parker, Esq.
Lisa Marie Presley‘s surviving three children will reportedly inherit her Graceland estate.
Read More
Stay Informed
Subscribe To Our FREE Estate Planning, Probate and Elder Law Newsletter

Book Your Free Initial Consultation With Parker Law Firm Today
Get Started Now

The 15 minute initial phone call is designed as a simple way for you to get to know us, and for our team to learn more about your unique estate planning needs.

Book an Initial Call
Book A Call With Parker Law Firm
Parker Law Firm
White Plains Location

222 Bloomingdale Rd #301,
White Plains, NY 10605

New City Location

120 North Main Street, Suite 203,
New City, NY 10956

IMS - Estate Planning and Elder Law Practice Growth Advisors
Powered by
crosschevron-rightcross-circle