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...
Trust, Estate Planning, and Probate
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...
Avoid Common Estate Planning Mistakes
Floridians and New Yorkers can benefit from having an estate plan no matter how much money they make or the value of their assets. However, many people make common mistakes when it comes to their estate plan and should review what they have in place to make sure that...
Estate planning lessons from Kobe Bryant’s accident
The deaths of Kobe Bryant, his daughter, and the other people who were with him on the helicopter when it crashed shocked people in New York and around the world. Whenever there is a tragic loss of life, people should think about planning their estates. When people...
Your next steps if you have been excluded from a will
If you were unexpectedly excluded from a will after a loved one passed away in New York or Florida, you may be concerned about the next steps that you can take to protect your interests. Contesting a will can be challenging in any circumstances, but this is especially...
Inheriting in New York
When a loved one dies, whether expectedly or not, we find ourselves facing questions about that person’s final wishes. Outside the obvious funerary preparations, we also find ourselves having to disburse the deceased’s assets. Here at Urban Thier & Federer, we...
Direct or Indirect Ownership of Property in the U.S.A.
Thoughts on Liability and Estate Planning. Many of our clients possess property in the United States through either direct or indirect ownership, which distinguishes between individual owners and those who have rights through collective investment funds such as stocks...
Erben und vererben in den USA
Viele unserer Mandanten, die wir bei der Auswahl und dem Erwerb oder Verkauf von Gewerbe- und Privatimmobilien in den USA betreuen, wenden sich früher oder später an uns in Bezug auf ihre Nachlassplanung. Das Thema “Erben” wird traditionell gerne vermieden, das...
