FEATURES & NEWS

what is a testamentary trust in a will

In the​ intricate world of‍ estate ⁢planning, the ⁣creation of a‍ comprehensive Will often includes the establishment of a testamentary trust. A‌ testamentary trust, ⁣a

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ESTATE PLANNING

qtip trust income distributions

In the ‌intricate⁢ realm of‍ estate planning, few tools match the ⁣precision and flexibility of the qualified terminable interest property (QTIP) trust. Particularly intriguing is

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ESTATE PLANNING

codicil to will definition

In the realm of estate planning ​and testamentary law, the addition of a codicil ‍to a last⁢ will ​and testament serves as⁤ a powerful tool

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ESTATE PLANNING

does every will go through probate

In ​the ⁤intricate web of estate planning, ‌one question that often⁤ arises is whether‍ every will must undergo the scrutinizing​ process ‌of‍ probate. As⁣ experienced

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ESTATE PLANNING

where do i get a deed to my house

As experienced lawyers ‌specializing in estate planning, probate, elder law, Wills, and trusts at Morgan Legal⁤ Group in New York⁤ City,‌ we understand the importance

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ESTATE PLANNING

how to record a quit claim deed

Transferring ownership of a property through a quit claim deed is​ a straightforward process, but it must be done correctly to ensure that the transfer

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ESTATE PLANNING

assets subject to probate

In the intricate world of estate planning and probate,‌ one term that⁣ often elicits confusion ​and concern is ⁤”assets subject ⁣to ⁤probate.” Understanding the​ implications​

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ESTATE PLANNING

what to say when someones wife dies

In the delicate and challenging circumstances surrounding the loss of a spouse, finding the right words to offer comfort and support‌ to⁣ a grieving individual

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when a tenant dies

In the realm of landlord-tenant relationships, ⁤the⁢ unfortunate event of a tenant’s passing can present a myriad of complex legal issues and​ responsibilities for all

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ESTATE PLANNING

Who decides if probate is needed?

Who Decides If Probate Is Needed in New York? Probate is a legal process that involves validating and distributing a deceased person’s assets and estate.

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Anticipated Reduction in Federal Estate Tax Exemption: The federal estate tax exemption is scheduled to decrease from approximately $13.99 million to around $7 million per individual after December 31, 2025. It’s crucial to explore strategies to utilize the current higher exemption before it reverts to lower levels.

As the calendar inches ‌closer ​towards December 31, 2025,⁣ high-net-worth individuals are‍ keeping a watchful eye on the anticipated reduction in⁣ the federal estate tax

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will vs trust in New York

When ​it comes to planning for the future⁢ of ‍your ⁣assets and loved ones in New York,‌ the choice between drafting a ⁤will or a

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ESTATE PLANNING

how much is a trustee fee

As a knowledgeable practitioner in the realms​ of estate planning, probate, and trusts, one ‌question that frequently arises is the matter of trustee fees. Establishing⁢

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what kind of will do i need

As experts in estate planning​ and probate law, the team at Morgan Legal Group often encounters clients seeking ​guidance on the type of⁢ will they

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