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What Happens When a 529 Account Owner Dies?

New York鈥檚 529 College Savings Program accounts are investment plans that enjoy tax-deferred growth. Withdrawals are income tax-free for qualified educational purposes associated with K-12 tuition, vocational school, college, or higher education.

April 20, 2026
Estate Planning for Young Adults

Young adults may have the misconceived notion that estate planning is only necessary for certain people, such as individuals of a high net worth or those who are aging. However, there are certain documents that everyone should consider, including the youngest generation of millennials.

June 1, 2018
Executor Commissions in New York State

I was named as the Executor in my mother鈥檚 Will. Do I receive a fee for serving as Executor of the Estate?

June 1, 2018
Why Do I Need an Estate Plan If I Don鈥檛 Have Any Assets?

Do I need an estate plan if I have no assets?

May 25, 2018
Joint Accounts

Question: Someone told me to avoid probate, so I have added my two children as joint owners on my bank accounts or put them 鈥渋n trust for鈥 my children. Does this protect my assets from Medicaid too?

May 18, 2018
Statutory Gift Riders and Durable Power of Attorney

New York State鈥檚 Durable Power of Attorney is a document in which a person referred to as 鈥渢he Principal鈥 can designate another person or persons referred to as 鈥淎gents鈥 to act on their behalf with respect to all business and financial matters.

May 14, 2018
Why Do I Need a Last Will and Testament?

Planning for the future can sometimes be difficult. Creating an estate plan can give you the peace of mind you need, while also making it easier for your loved ones to handle your affairs when you die.

May 7, 2018
Giving Your Estate Plan a Spring Cleanup

Spring cleaning has me thinking I may need to update more than my window treatments. What changes should I be making to my estate plan?

April 25, 2018
Who Inherits My Property If I Die Without a Will?

I am an unmarried person and do not have any children. My parents died many years ago and I have no siblings. Who inherits my property if I die without a will?

April 6, 2018
Preliminary Executor

I am the nominated Executor under my mother鈥檚 Will, which my sister is in the process of contesting. I understand that a Will contest may be a lengthy proceeding. Is there any way I can be appointed to act on behalf of the estate while that proceeding plays out?

February 23, 2018
Article 17-A Guardianship vs. Article 81 Guardianship

In New York State, when a person turns eighteen, they are presumed to be legally competent to make decision for themselves. However, if a person is intellectually disabled or developmentally disabled, as defined by Article 17-A (鈥淎rticle 17-A鈥) of the Surrogate鈥檚 Court Procedure Act, a parent or concerned relative can ask the Surrogate鈥檚 Court to appoint a guardian to assume the decision-making functions for that person.

February 22, 2018

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Thought Leadership

Partner Britt Burner, Esq. explains how often to review your estate planning documents and the life changes that may prompt a review.

May 1, 2024 Read Article