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Trusts 101: Essentials for Everyone

Should you consider implementing a trust as part of your financial and estate planning? Many people are uncertain about what a trust is or how it can help them manage their affairs. Those who do not necessarily view themselves as wealthy may be especially hesitant to consider incorporating a trust into their overall planning. A […]

Cathleen Bahan Consulting

What happens if I die in New York State without a Will?

If a person dies without a will (“intestacy”) in New York State, what happens to their estate is determined by two things:

  • The nature of their assets
  • The composition of their family

Some property passes automatically to specific heirs, regardless of whether or not a will is in place:

Cathleen Bahan Consulting

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