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Wednesday, August 8, 2018

Reasons to Avoid a DIY Will

Q: Is a do-it-yourself will valid?

With the exception of service members making a will during an armed conflict, New York does not recognize handwritten or oral wills. New Jersey may recognize a handwritten will if it meets certain requirements but will not recognize oral wills. In both states, you must be 18 years or older and of sound mind to make a will and among other things it must be signed by at least two witnesses to be considered valid.

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Friday, August 3, 2018

The Benefits of Avoiding Probate

Q: What is probate and why do people avoid it?

New York and New Jersey estate planning attorneys help people plan for their death and potential incapacity through the drafting of various legal documents collectively referred to as a comprehensive estate plan.

With respect to the distribution of assets and property after death, a last will and testament—also known as a will-- or living trust or both may be utilized to transfer the decedent’s property.

Upon death, certain property and accounts transfer automatically without the necessity of court intervention.

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Tuesday, July 24, 2018

Avoiding a Will Contest

Q: What is a will contest?

New York and New Jersey estate planning attorneys review a client’s complete family and financial situation in order to determine the best way to meet the client’s goals. Then, a personalized estate plan will be crafted with those goals in mind. It may include a will, with or without trusts, as well as additional documents which provide for the client’s possible disability prior to death.

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Wednesday, July 18, 2018

Finding Trustworthy Agents and Avoiding Elder Abuse

Q: What is financial elder abuse?

Addressing your financial concerns is a big part of the estate planning experience. Examining what you have and what you may need for yourself and your family now and in the future is all factored into what estate planning documents are best for your particular situation.

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Wednesday, July 11, 2018

Legalization of Marijuana Could Impact NY Real Estate

Is it lawful to rent a space for a marijuana business?

New York may be the next state to legalize the use of recreational marijuana. Governor Cuomo issued a directive several months ago to study the potential impact of a regulated marijuana program, and just recently the New York State Department of Health Commissioner indicated that it will recommend legalizing the use of marijuana in its report to the state. Should New York authorize the use of marijuana in the state, many industries will be impacted.

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Friday, July 6, 2018

The Current State of the Staten Island Real Estate Market

Q: Is it a good time to buy or sell real estate on Staten Island?

Buying a home on Staten Island is likely the biggest transaction most people make in their lifetime, so hiring an experienced Staten Island real estate attorney to protect you and your investment is both smart and necessary. In fact, seeking legal guidance before or during the house-hunting phase can help avoid costly mistakes or delays later on. It can also save you money by giving you information to negotiate a better sales price and terms.

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Wednesday, June 27, 2018

Buying a Second Home in New York

Q: Is buying a vacation home a complicated process?

Whether you are buying a home in New Jersey or need a New York real estate attorney to help you upgrade from a starter home to a larger home on Staten Island, it's hard to resist the appeal of living in or near New York City.

The St. George’s waterfront redevelopment project is transforming Staten Island and with attractions like the New York Wheel, restaurants, shopping, housing, and more, Staten Island has become a destination spot not only for tourists but for residents attracted to its unique vibe.

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Tuesday, June 19, 2018

Avoiding the Most Common Estate Planning Mistake

Q: Is having a Last Will and Testament enough?

Skilled New York and New Jersey estate planning lawyers would likely agree that the number one biggest mistake people make--aside from not having an estate plan at all--is relying only on a Last Will and Testament (commonly referred to as a “will”).

A will is the required foundational document in virtually every

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Tuesday, June 12, 2018

Protecting the Inheritance of a Spendthrift Child

Q: Should I leave my estate outright to my spendthrift adult child?

Our children. From the moment they are born we want to protect them from anything that threatens them and leave them a secure future after we are gone. For that reason, many new parents make the wise decision to seek counsel from a skilled estate planning attorney.

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Monday, June 4, 2018

Bitcoin and the Future of Real Estate

Can I buy a home in bitcoin?

Bitcoin is a digital currency that has rocked the financial market. Bitcoin and other cryptocurrencies operate without the need for a central bank. Bitcoin has surged in popularity in recent years, with more companies now accepting the revolutionary currency.

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Monday, May 28, 2018

Avoiding Will Contests in New York

Q: What situations often lead to a will contest?

Skilled Estate planning lawyers recommend that all people come in to establish an initial estate plan upon turning 18 years of age because, while it's difficult to consider, death or disability can strike even the young at any time.

Not only should

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