Many people assume that planning their estate isn’t something that they need to consider while they are young. When your assets are limited and you are just starting out in life, planning that far ahead may seem out of context, and this is understandable. However, there are some good reasons for young people to have … [Read More]
Welcome to the Blog of Nirenstein, Horowitz & Associates, P.C.
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Pay On Death Accounts
When you decide that it is time to plan your estate and you start to do some preliminary research, one of the first things you will hear about is probate. Probate is the legal process that must be undertaken to administer an estate, and this involves a probate or surrogate court. In a lot of … [Read More]
What Are Advanced Directives?
The great thing about estate planning is that there’s so many different tools you can use to address your concerns. A Will for example, can distribute your assets and even name a guardian and/or conservator for your kids. A Trust on the other hand, can help you avoid probate and keep your estate private and … [Read More]
Estate Planning & Funeral Wishes
Aside from enabling the distribution of assets efficiently and effectively, one of the goals of estate planning is to do what is possible to ease the stress on your loved ones upon your passing. Regardless of the circumstances surrounding your death, those who care about you will be in pain at this sensitive time, and … [Read More]
DIY Wills
There are times when you consider hiring someone to do a job and then say to yourself, you know what, I can do this myself and save some money, and I think I’d actually enjoy it. This mentality is what keeps the parking lots of the home improvement stores buzzing on the weekends, and there … [Read More]
A Living Trust Can Be A Viable Option
The reason why it is a good idea to consult with an estate planning attorney before you make any final decisions about the anatomy of your estate is the fact that they can lay all of your options on the table. There are a number of possible components that can be included in a well … [Read More]
Estate Tax Looms In 2011
The estate tax was repealed for the 2010 calendar year, and any form of tax relief is more than welcome for most Americans. However, in 2011 the estate tax will be back in effect, and it is carrying a very significant bite upon its return. The maximum rate will revert back to the level that … [Read More]
Review Your Estate Plan
As life goes on and the day to day twists and turns occupy your attention you may not give your estate plan much thought. Years can pass since you first created the plan, and those years can turn into decades. But over that time it is very likely that your life changed in many different … [Read More]
Estate Planning Basics: How to Avoid Probate on Real Estate or Other Types of Property
One of the chief goals of the estate planning process is to minimize time-consuming and resource-draining burdens that will fall to your loved ones and family members after you have passed away. The best way to ensure that your survivors won’t be tied up with costly, time-consuming, and emotionally demanding administrative details in the aftermath … [Read More]
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