Paul Smiths is a hamlet in the Town of Brighton in Franklin County, New York, on Lower Saint Regis Lake, in the Adirondacks, 10 miles north of Saranac Lake, located at 44°26' North 74°15' West. The hamlet was named after the Paul Smith's Hotel (formally known as the Saint Regis House), founded in 1859 as one of the first wilderness resorts in Adirondacks by Apollos Smith. Paul Smith's College was built on the site of the hotel, and was funded by the estate of Smith's son Phelps, who died in 1937.

What is estate planning and probate law?

Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Estate planning attorneys advise clients on their options for disposition of real and personal property after death, and create any number of necessary documents pertaining to the estate and finances of the client -- including wills and trusts. Estate planning law attorneys also assist clients in setting out their end-of-life health care wishes through living wills and health care powers of attorney.

Answers to estate planning and probate law issues in New York

The law dealing with estates governs the passing of the property of people who have passed away as well as people...

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

When a person dies, someone must step in to wind up the deceased persons affairs. Bills must be paid, property must...

An executor is the person you name in your will to handle your property after death. The executor--called a personal...

A trust is an arrangement under which one person, called the trustee, holds legal title to property on behalf of...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Every adult should have a will. A will makes sure that your property goes where you want it to go, and makes the...