Why draft a will with a lawyer

Why draft a will with a lawyer? Disclaimer: this article is for informational purposes only, as is not to be construed as legal advice. We are happy to answer any questions you may have regarding estate planning. Call Quinn & Tyrrell at (516) 221-5100. 3330 Park Avenue, Suite 2, Wantagh, New York 11793. Why draft…

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What is a Totten Trust

What is a Totten Trust

 What is a Totten Trust? A Totten trust is a common testamentary substitute. A testamentary substitute is an instrument that determines the disposition of a decedent’s property on its own, without the need for a will. A Totten Trust (also known as a “Payable on Death Account) is created during the lifetime of a decedent….

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Intestacy | Dying without a will in New York

What happens if you die without a will in New York? Intestacy – Dying without a will in New York. When an individual dies without a will, they die intestate. This means that the deceased’s assets are divided up in accordance with the law. In New York, Estates Powers and Trusts Law 4-1.1 provides for…

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