New York Wills and Trusts Archives - Page 3 of 4

E163 Always Leave Inheritance in a Trust Fund

May 6, 2020/in New York Wills and Trusts, Solo Agers, Wills /by Anthony Park

Rich people don’t walk past free money, they pick it up (metaphor, not literally). Let’s discuss an estate planning example: asset protection trusts instead of direct gifts

Today we’ll discuss:

What’s a direct gift?
What’s an asset protection trust?
Why it’s “free money” that EVERYONE should take

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E162 Post-Coronavirus Trusts Make Even MORE Sense

April 29, 2020/in New York Wills and Trusts, Wills /by Anthony Park

There are lots of reasons why a trust is better than just a will. And post-coronavirus, a trust makes even MORE sense.

Today we’ll discuss:

Video notary instead of witnesses
Quarantine is a new type of incapacity
Locked down courts: another reason to avoid probate

==========

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Pick up my books on Amazon. Reviews always appreciated!

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WATCH

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LISTEN

Subscribe to the “Simple Money Wins” podcast at:

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E161 Court-Appointed Strangers

April 22, 2020/in New York Wills and Trusts, Solo Agers, Wills /by Anthony Park

Most of us cringe at the idea of some stranger or bureaucrat having power over us. But that’s exactly what happens with Court-Appointed Strangers. Specifically Guardians: the strangers with power over our seniors

Today we’ll discuss:
(1) How Guardians get power
(2) Some unnerving examples
(3) It’s always about money
(4) How to avoid this type of stranger
(5) Other types of court-appointed strangers

E160 Estate Planning with Social Distancing

April 15, 2020/in New York Wills and Trusts /by Anthony Park

Do you want to make or update your estate plan? But how, with social distancing?

We discuss:

Fewer in-person meetings
In-person signings
Document handling

==========

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Pick up my books on Amazon. Reviews always appreciated!

==========

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Sign up to my email list for book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E159 Is it Time to Update Your Estate Plan?

April 8, 2020/in New York Wills and Trusts /by Anthony Park

Coronavirus and death is on everyone’s mind. So is it a good time to update your estate plan?

We’ll discuss:

Reminder: no one can predict the future
Yes, get started
Be in the right state of mind

==========

READ

Pick up my books on Amazon. Reviews always appreciated!

==========

JOIN

Sign up to my email list for book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

Estate Planning for Bitcoin

March 6, 2020/in New York Wills and Trusts, Personal Finance, Wills /by Anthony Park

Cryptocurrency has an estate planning problem. And it’s one of the barriers to wider cryptocurrency acceptance. Nobody wants to accumulate an asset that may disappear, often upon death.

Getting Final Affairs in Order Before Death

March 2, 2020/in New York Wills and Trusts, Wills /by Anthony Park

Whether you’re the caregiver or the terminally ill, it can be satisfying to help get organized and take inventory. This is really important if there aren’t many close relatives.