If New York estate planning lawyers could get one thing through the heads of those who have put off estate planning on the common but mistaken belief that everything they have will go where they want it anyway, it would be that failure to properly plan for death or incapacity could be financially...
Can a court-appointed administrator steal from an estate? Continue reading…
Does divorce affect an estate plan?
If you lived in New York or New Jersey and were finally ready to have a comprehensive estate plan prepared, you’d seek out an experienced New York or New Jersey estate planning attorney.
And if you were considering buying or selling real estate in New York or New Jersey, you’d likely seek counsel from...
Does divorce affect an estate plan? Continue reading…
What happens if I die without an estate plan?
Most people have heard that when music legend, Prince, passed away a couple years ago, he died without a will. Perhaps he didn’t care what happened to his property after he died or, like many without estate plans, maybe he just assumed his property would pass easily to the people he wanted to have...
What happens if I die without an estate plan? Continue reading…
Does Staten Island offer housing options for disabled adults?
There are plenty of reasons why people consider buying a home on Staten Island. And now there’s another very unique one.
Staten Island may be a model not just for New York, but for the nation to follow when it comes to ideas and pilot programs for finding housing opportunities for adults with disabilities....
Does Staten Island offer housing options for disabled adults? Continue reading…
Must someone who borrows something return it to their estate after the lender dies?
It turns out the popular, snarky remark “don’t get your panties in a knot” might actually be appropriate to describe a recent New York City estate administration nightmare. The estate of a father is reportedly suing the dead man’s adult son—described as a “high-end underwear tycoon”— after Junior allegedly failed to return an...
Must someone who borrows something return it to their estate after the lender dies? Continue reading…
Can a decedent’s IRA beneficiary designation be changed after death?
The start of the new year is a popular time for people to re-examine their relationships and sometimes revise existing estate plans to reflect any changes in those relationships. But estate plan modifications can be made at any time of the year as well.
New York and New Jersey estate planning attorneys must consider...
Can a decedent’s IRA beneficiary designation be changed after death? Continue reading…
Estate Planning for American Muslims
What does the Quran dictate about the creation of wills for its followers?
American Muslims are taught from a young age that the Quran and other Muslim teachings impose quite detailed guidelines on how a Muslim should distribute his or her assets after death. Among Americans, fewer than half of us have a will in...
Estate Planning for American Muslims Continue reading…
Popular Estate Planning Tactics for Helicopter Parents
What can I do now to retain some control over my children’s inheritance after I die?
Many people know that a last will and testament, commonly called a will, is the foundation document in an estate plan. In a nutshell, it disposes of the maker’s property after death and in the case of minor children,...
Popular Estate Planning Tactics for Helicopter Parents Continue reading…
A Look at the Most Important Estate Planning Documents
Why should everyone have a durable power of attorney?
We have likely all heard the tale of a person who passed away without an estate plan, leaving the heirs to battle it out. Some of us have actually experienced the pain of losing a loved one who left no instructions as to their last wishes....
A Look at the Most Important Estate Planning Documents Continue reading…
Novel Legal Argument Results in Huge New York Estate Tax Refund
Does New York State owe me a tax refund?
It isn’t often that New York estate administration attorneys come across something new and exciting in the relatively stable and unchanged world of trusts and estates law.
But a recent ruling in favor of an estate that took a novel and daring estate tax approach has...
Novel Legal Argument Results in Huge New York Estate Tax Refund Continue reading…