Category Archives: Estate Planning

Avoiding Family Conflicts: Tips for Estate Planning in Depew, NY

Avoiding Family Conflicts: Tips for Estate Planning in Depew, NY

Estate planning is a critical process that involves arranging for the distribution of one’s assets and properties after their passing. While it may not be the most comfortable topic to discuss, proper estate planning can help prevent potential family conflicts and ensure that your wishes are carried out smoothly. In Depew, NY, the law firm […]

What are the potential risks or pitfalls of buying property in Buffalo, NY?

What are the potential risks or pitfalls of buying property in Buffalo, NY?

Buffalo, New York, boasts a rich history, vibrant culture, and a burgeoning real estate market that has captured the attention of property buyers and investors alike. As with any real estate venture, purchasing property in Buffalo comes with its own set of challenges and potential risks. At Cole, Sorrentino, Hurley, Hewner & Gambino, P.C., we […]

How to Choose an Executor for Your Will in Buffalo, NY

Creating a will is an essential step in ensuring that your assets are distributed according to your wishes after your passing. However, crafting a comprehensive will is only one part of the equation; selecting the right executor to carry out your wishes is equally important. An executor is the person responsible for managing your estate, […]

Understanding the Role of a Trustee in New York State Estate Planning 

Understanding the Role of a Trustee in New York State Estate Planning 

When it comes to estate planning in New York State, one of the key figures involved is the trustee. A trustee plays a crucial role in administering trusts and ensuring that the wishes of the grantor are carried out effectively. In this article, we will delve into the responsibilities and requirements of a trustee in […]

The Impact of the SECURE Act on New York State Estate Planning

Impact of SECURE Act on Estate Planning

Estate planning is a crucial aspect of securing the financial future of individuals and families. It involves making arrangements for the distribution of assets and properties after death while minimizing tax burdens and ensuring the wishes of the deceased are honored. However, estate planning is not a one-time task; it requires regular reviews and updates […]

Estate Planning Considerations for Business Owners in New York State

Estate Planning Considerations for Business Owners in New York State

As a business owner in New York State, you’ve worked tirelessly to build and grow your enterprise. However, have you considered what will happen to your business and assets after you’re no longer around? Estate planning is a crucial step for business owners to ensure a smooth transition of their business and protect their loved […]

The Importance of Estate Planning in Family Law Matters

The Importance of Estate Planning in Family Law Matters

Estate planning is a crucial aspect of family law that often goes overlooked or undervalued. When dealing with legal matters involving families, such as divorce, child custody, or spousal support, it is essential to consider the implications on estate planning. Failing to address these issues adequately can lead to unintended consequences, disputes, and financial hardships […]

The Importance of Estate Planning for Blended Families in New York State

The Importance of Estate Planning for Blended Families in New York State

Blended families have become increasingly common in today’s society, and they bring unique challenges when it comes to estate planning. With multiple marriages and children from different relationships, it is crucial for individuals in blended families to navigate the complexities of estate planning to ensure their assets are distributed according to their wishes. This blog […]

Protecting Your Digital Assets in New York State Estate Planning

Protecting Your Digital Assets in New York State Estate Planning

In this increasingly digital age, estate planning has evolved beyond traditional physical assets to include a crucial component: digital assets. From online banking and social media accounts to cryptocurrency and cloud storage, our digital presence holds a significant amount of value and personal information. To ensure the protection and proper distribution of these assets after […]

Estate Planning for LGBT Couples in New York State

Estate Planning for LGBT Couples in New York State

Estate planning is an important process for any couple, regardless of sexual orientation or gender identity. However, LGBT couples in New York State face some unique challenges when it comes to estate planning. In this blog post, we will explore some of these challenges and offer tips for estate planning for LGBT couples in New […]