Urban Thier & Federer, P.A. Blog
The importance of beneficiary designations in estate planning
Many people in the United States, even if they do not have a will, trusts or other estate planning documents, have filled out beneficiary designations. These are used to identify the beneficiaries for 401(k)s and retirement accounts. People who purchase a life...
Dangers that drivers face on rural roads
For many travelers driving in the United States for the first time, rural roads can be unfamiliar territory, so it's important to know that these roads are not as safe as they look. Though there may be less traffic, they present the following difficulties. First are...
Proving liability after an accident occurs
Those who slip and fall may experience a significant head or brain injury. Victims may be able to hold at-fault property owners liable for any damages that they incur related to these injuries. However, they have to first show that the injury was directly caused by...
Joint venture allows cooperation, flexibility
There are dozens of reasons that two or more businesses might combine forces in a joint venture. Joint ventures could allow for the aggregation of resources and expertise or money savings due to economies of scale or shared advertising. In some cases, businesses form...
What to know when trying to sell the deceased’s home
Family members are eager to receive the proceed of their loved one's estate after they pass. Unfortunately, probate adds some time to the process and slows the time when the estate will be distributed. Beneficiaries need to factor in both the probate process and the...
Trusts can be ideal in many different situations
Property owners, especially those that hold assets internationally, could benefit from having a trust. Parents or grandparents might also want to create a trust to ensure that assets are transferred to their children or grandchildren in a timely and responsible...
Why estate planning matters
Some people who do not have an estate plan may have failed to create one because they think only wealthy people need estate plans. They might also assume that the process is complicated and expensive. While the idea of preparing an estate plan can feel overwhelming,...
Living trusts offer security, privacy benefits
Estate planning can be an important process for people in New York who want to protect their assets and provide for their loved ones in the future. While many people may put off making estate planning decisions, crafting these documents earlier on can provide peace of...
Why a trust may be helpful alongside a will
When people in New York and elsewhere are creating an estate plan, they might wonder whether they need a trust if they have a will. Some people assume that a trust will not be useful for them because they are not very wealthy. However, this is not the case. Some...
German Speaking Tourists Injured in the US
Visitors who are injured while in the United States face unique legal, geographical, cultural, and other obstacles to secure justice and compensation. These challenges are even more pronounced when the injured German tourist or business traveler’s primary language is...
