Cormac McEnery Law Firm

Will Omissions: The Right Way to Disinherit

In some situations, you may want to disinherit an individual who may normally expect to inherit a portion of your estate. This can be an extremely delicate situation. There are a lot of reasons to leave a person out, some more…more

| Wills, Trusts, & Estate Planning

Learn from the Past! Avoid These Top Estate Planning Blunders

Estate planning is complicated. Even the rich and famous make mistakes when handling their estates, and hopefully you can learn from their blunders so you don’t repeat them in your own estate plan. Here are five top mistakes…more

| Wills, Trusts, & Estate Planning

The Differences Between Litigating a Will and a Trust

Just as wills and trusts are two distinct types of estate planning documents, there are also differences in the ways each document can be challenged by disgruntled persons hoping to lay claim to the assets contained therein. …more

| Wills, Trusts, & Estate Planning

What Probate Is and How Long It Takes

You may have executed a will thinking that dispersing your assets after you are gone will be simple and quick. Your daughter gets the house, your son gets the cars, and the money is dispersed equally according to the will,…more

| Wills, Trusts, & Estate Planning

What is a Guardianship?

Let's face it: we don't live in a perfect world. Life often throws us unexpected curveballs that either (a) completely derail us, sending us into chaos; or (b) force us to readjust our plans. One of these less-than-perfect…more

| Family Law, Wills, Trusts, & Estate Planning

Taxable Estates

Even though estates are taxed by the federal government when an estate is worth more than $5.25 million for individuals and $10.5 million for couples, New York State has additional taxes and considerations that must be taken…more

| Taxation, Wills, Trusts, & Estate Planning

Who Needs a Supplemental Needs Trust?

If you have a disabled person in your family or under your care, you may be concerned about helping them to maximize their resources and enhance their quality of life. A supplemental needs trust might be just the ticket…more

| Wills, Trusts, & Estate Planning

Types of Trusts in New York

Trusts aren’t just for the wealthy anymore. Many modern estate plans incorporate some type of trust for a wide variety of reasons. Some types of trusts are used to postpone or eliminate estate taxes. Others are used to deal…more

| Wills, Trusts, & Estate Planning

Responsibilities of the Executor

When people look for a babysitter for their children, it is important to take extra precautions to assure that the person with whom they entrust their kids is well suited for the job. It is also smart to ask those that they…more

| Wills, Trusts, & Estate Planning

The Devil in the Details: Drafting Your Will, Part II

We took an initial look at the considerations you must make when putting your will together in The Devil in the Details, Part I. Here are some more items you must think about: - Plan for your beneficiaries future medical…more

| Wills, Trusts, & Estate Planning

The Devil in the Details: Drafting Your Will, Part I

A will is only as good as the thought that went into preparing it. What this means is that a hastily drafted will probably won’t reflect the desired intentions of its maker. On the other hand, a will that is the product of…more

| Wills, Trusts, & Estate Planning

Why You Need a Durable Power of Attorney

You may have heard the term durable power of attorney, but you may not know what it is, how it works, and whether you need one…more

| Wills, Trusts, & Estate Planning

When Should You Update Your Estate Plan? Ten Reasons to Do It Now

If you already have an estate plan, you have determined the best way to care for the loved ones you leave behind. However, like any good strategic plan, your estate plan needs to be updated from time to time. Both internal and…more

| Wills, Trusts, & Estate Planning

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