Digital assets, like other assets, have value. Protecting these assets is an important part of estate planning. Failing to include digital assets in your estate plan could result in court battles and expenses for your heirs. A New York estate planning attorney can help you identify your digital assets and develop a strategy...
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Estate Planning for Single Parents in 2020: Special Considerations
Estate planning can be challenging for any parent. However, single parents have additional considerations because of their status as single parents. A New York estate planning attorney can help you develop an estate plan that protects your child if something should happen to you.
Estate Planning Tips and Suggestions for Single Parents in 2020
It...
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The SECURE Act and Your Estate Plan
Q: How does The SECURE Act impact common estate planning practices?
A new law was signed in December 2019 that made significant changes in the rules regarding both individual and employer-sponsored retirement plans. When the calendar flipped on January 1, 2020, the SECURE Act—and its perks for retirement plans-- went into effect. But unfortunately, an...
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Gathering Important Records for Estate Planning
Q: What information will my estate planning lawyer need?
New York and New Jersey estate planning attorneys know that one of the biggest reasons people put off having a comprehensive estate plan created is that they are afraid to face their own mortality. Nobody wants to talk about death, but having an estate plan is...
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Clicks to Bricks Boosts NYC Tenant Store Openings
Q: Is it a good time to rent retail store space in New York City?
New York and New Jersey real estate attorneys have noticed a recent boom in the opening of new brick and mortar stores throughout New York City.
What is driving the increase of new stores opening throughout New York City?
Lower rents for...
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Rough Road Ahead for Estate of The Cars Singer?
Q: What is the spouse’s Right of Election?
New York and New Jersey estate planning attorneys are watching with interest as details of the estate plan of Cars front man, Ric Ocasek, come to light. Ocasek was discovered dead in his bed on September 15, 2019 by his wife of 28 years, former supermodel, Paulina...
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Deciding on Buying a Home
Q: What should I know before buying a home?
New York and New Jersey real estate attorneys help clients purchase their first home, upgrade to a larger home, and downsize to something smaller. Often, their first contact with a prospective homebuyer happens after they have already found what they think is the home of their...
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New Year, New Estate Plan
Q: How do I know if I need to update my estate plan?
As a new year-- and a new decade--recently began, many people made New Year’s resolutions to improve their lives. Quitting unhealthy habits like smoking, or adopting healthy habits like eating well and exercising are common resolutions--but they require a long-term commitment and...
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Estate Creditors Should Not Delay in Making Claims
Q: How are creditors’ claims against estates handled?
When people think of estate planning, they often think about what assets they have and who they want to leave them to after they are gone.
Similarly, when beneficiaries think of estate administration, they may focus on what money and property they are going to receive—and how...
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Buying Flood Prone Real Estate in New York City
Q: Is it safe to buy a home on the flood-prone coasts of the New York City area?
When most people think of buying real estate in New York City, they may think of the “concrete jungle” setting of Manhattan—high up in skyscrapers where it’s dry and the idea of your home being flooded...
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