Estate Planning — New York State https://5stepstoestateplanning.com/ New York State estate planning by Morgan Legal Group Fri, 19 Jun 2026 22:52:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://5stepstoestateplanning.com/wp-content/uploads/2024/05/Legal-Network-Logo-150x150.png Estate Planning — New York State https://5stepstoestateplanning.com/ 32 32 What Documents Belong in a Complete New York Estate Plan? https://5stepstoestateplanning.com/what-documents-are-in-a-complete-new-york-estate-plan/ Thu, 18 Jun 2026 20:19:32 +0000 https://5stepstoestateplanning.com/what-documents-are-in-a-complete-new-york-estate-plan/ A complete New York estate plan rests on four coordinated documents: a last will and testament, one or more trusts, a durable power of attorney, and a health care proxy. Together they decide who inherits your property, who manages your money if you cannot, and who makes your medical decisions when you are unable to […]

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]]> New York Estate Tax 2026: The $7.35M Exemption and the Cliff https://5stepstoestateplanning.com/new-york-estate-tax-2026-exemption-and-cliff/ Thu, 18 Jun 2026 20:19:32 +0000 https://5stepstoestateplanning.com/new-york-estate-tax-2026-exemption-and-cliff/ For deaths occurring on or after January 1, 2026 through December 31, 2026, New York exempts the first $7,350,000 of an estate from the New York State estate tax. But there is a trap most people have never heard of: the “cliff.” If your taxable estate exceeds 105% of the exemption — $7,717,500 — you […]

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]]> How to Avoid Probate in New York https://5stepstoestateplanning.com/how-to-avoid-probate-in-new-york/ Thu, 18 Jun 2026 20:19:32 +0000 https://5stepstoestateplanning.com/how-to-avoid-probate-in-new-york/ You can avoid probate in New York by arranging for your assets to pass to your loved ones automatically — outside of the court process — using tools like a revocable living trust, beneficiary designations, and certain forms of joint ownership. Probate is the court-supervised process of validating your will and transferring your property after […]

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]]> Estate Planning for Young Families in New York https://5stepstoestateplanning.com/estate-planning-for-young-families-in-new-york/ Thu, 18 Jun 2026 20:19:32 +0000 https://5stepstoestateplanning.com/estate-planning-for-young-families-in-new-york/ If you are a young family in New York, estate planning means putting four coordinated legal documents in place — a will, one or more trusts, a durable power of attorney, and a health care proxy — so that if something happens to you, the people you choose (not a court) decide who raises your […]

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]]> Estate Planning for Blended Families in New York https://5stepstoestateplanning.com/estate-planning-for-blended-families-in-new-york/ Thu, 18 Jun 2026 20:19:32 +0000 https://5stepstoestateplanning.com/estate-planning-for-blended-families-in-new-york/ If you have a blended family in New York — a second marriage, stepchildren, or children from more than one relationship — estate planning is the tool that lets you provide for your current spouse and protect the inheritance you want your own children to receive. Without a coordinated plan, New York law decides for […]

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]]> Do I Need a Trust or Just a Will in New York? https://5stepstoestateplanning.com/do-i-need-a-trust-or-just-a-will-in-new-york/ Thu, 18 Jun 2026 20:19:32 +0000 https://5stepstoestateplanning.com/do-i-need-a-trust-or-just-a-will-in-new-york/ For most New Yorkers, the honest answer is: you almost certainly need a will, and many people benefit from adding a trust — but a trust is rarely a substitute for a will. The two tools do different jobs. A will directs who receives your property and names a guardian for minor children, but it […]

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]]> Estate Planning for Non-Citizens in New York https://5stepstoestateplanning.com/estate-planning-for-non-citizens-in-new-york/ Sat, 21 Mar 2026 14:05:00 +0000 https://5stepstoestateplanning.com/estate-planning-for-non-citizens-in-new-york/ A plain-English guide to estate planning for non-citizens and green card holders in New York, including wills, trusts, QDOTs, and the immigration angle.

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