Yes. In many cases, you can change the beneficiary of a life insurance policy, retirement account, annuity, certain bank accounts, or transfer-on-death securities without changing your will. The key is knowing which document controls each asset. A will generally directs property that becomes part of your probate estate. Assets with valid beneficiary designations often pass […]

Summary Digital assets do not disappear when you die. Email accounts, cloud photos, social media profiles, online businesses, cryptocurrency, payment accounts, domain names, and other electronic records may all require attention during estate administration. If you live in Buffalo or elsewhere in New York, your estate plan should address both traditional property and the part […]

Friedman & Ranzenhofer, PC strongly recommends reviewing your Power of Attorney and Health Care Proxy every few years, and spring offers a natural opportunity to do so. Life in Buffalo, New York, can change rapidly with the seasons, and with it, your legal and financial circumstances may shift as well. Spring symbolizes renewal and preparation, […]

The beginning of a new year is the perfect time to reassess and review your will and estate plan. January brings a sense of renewal, making it an ideal time to ensure that your documents reflect your current life situation, wishes, and any changes in the law. Taking the time now can save you and […]

The new year brings an opportunity to reevaluate and make necessary changes to personal goals and plans. One of the most important aspects of life that people often overlook is updating their will and estate plan. January is the perfect time to ensure your estate plan reflects any recent life changes and sets your legacy […]