Estate planning in Manhattan is the attempt of eliminating confusions over the administration of a probate, optimizing the value of estate and arranging for its safe disposal. It is basically the process of transferring or distributing the assets, including the real & personal properties of the owner to the legal heirs in case of disability or death.
Beneficiary designations, trusts, property ownership, powers of appointment, gift, powers of attorney, living will, partition & specific final arrangements such as whether to be buried or cremated, etc., constitute the major devices of estate planning during lifetime. For post-death estate planning- will, succession & life insurance are the effective tools.
The main objectives of estate planning in Manhattan are- tax-effective transfer of asset to beneficiaries, pre-decided time of distribution, selection of guardian, trustee or the executor and business succession.
Each year as a tradition to myself and this green movement website, I write on the events of Earth Day (April 22nd) this year is no exception. I will focus more on some new ideas and representations of our planet Earth. The symbols of Earth Day have been similar throughout the years, including an image or drawing of the Earth..