394 Manor Road
Staten Island, NY 10314
Not One Day. Today
call 718.698.2200

Our Blog

Friday, January 17, 2020

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 real effort by the resolution-maker. Sometimes with frustrating or less than optimal results.

But


Read more . . .


Monday, December 23, 2019

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


Read more . . .


Thursday, December 19, 2019

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 in a hurricane doesn’t even cross one’s mind.

Of course, Read more . . .


Monday, December 16, 2019

Talking Estate Planning at the Holiday Table


Q: Should you talk about your estate plan at the holiday dinner table?

New York and New Jersey estate planning attorneys often encourage their clients to tell their adult children about their estate plans. You might even consider working estate planning talk into the holiday dinner conversation if the mood is right and the important people are present.

In today’s political climate, the discussion would likely be less controversial than discussing politics.
Read more . . .


Friday, December 13, 2019

How Your Accounts May Impact Estate Planning and Administration


Q: How can having many accounts or joint accounts impact estate planning and administration?

When New York and New Jersey estate planning attorneys meet with a client to craft a comprehensive estate plan, they begin a fact-finding mission that examines the individual’s unique lifestyle, their assets and debts, their goals and plans, their worries and dreams.

Despite following an estate planning road map of sorts, no two plans are exactly alike.
Read more . . .


Thursday, November 21, 2019

The Right of Election in New York


Q: Can I disinherit my spouse?

Even in the best circumstances, the relationship between an adult child and their divorced parent’s new spouse can have its rough moments. Nowhere is this more pronounced than in the field of estate planning, as New York and New Jersey estate planning attorneys can attest. 

There is a literal arsenal of estate planning tools for each individual’s personal scenario.
Read more . . .


Monday, November 18, 2019

The Importance of Planning for Incapacity


Q: Why should people plan for incapacity?

New York and New Jersey estate planning attorneys not only prepare people’s wills, but draft several other documents that together make up a comprehensive estate plan. 

What documents are needed when planning for incapacity?

Planning for incapacity is essential in estate planning, regardless of age or health. Not to frighten you, but the stark reality is that tragedy can strike anyone at any moment.
Read more . . .


Thursday, November 14, 2019

90210 Star Reportedly Used a Revocable Living Trust in Estate Planning


Q: What is a revocable living trust?

Whether they’re from the music or television world, celebrities are viewed by some as role models – much to the chagrin of parents that might disagree with the examples set by their on-stage or off-screen behavior. Antics and personalities aside, estate planning attorneys are more likely to judge celebrities on their choices  or lack of choices – in the estate planning department.

Mega-stars, like the late Prince, sometimes die without any estate planning documents in place, leaving an Read more . . .


Monday, November 11, 2019

Hot Spot for Those Looking to Buy or Rent in New Jersey


Q: Where can I find an affordable house or apartment in New Jersey, but close to Manhattan?

Whether you work in New York City or would just love to live nearby so you can easily visit more often, buying a home in the city can be challenging. For that reason, New York real estate attorneys often help clients, who can’t afford to purchase a home in Manhattan, with leases for apartments in and around the Big Apple.

New York and New Jersey real estate attorneys have found that in recent years clients have looked for homes in Staten Island and other boroughs--as well as New Jersey neighborhoods near Manhattan.
Read more . . .


Monday, October 21, 2019

Pet Trusts in Estate Planning


Q: Do I need a pet trust?


Many people know that one of the most important functions of a last will and testament--also known simply as a “will”, is to designate legal guardians (and successor guardians) for minor children. If you die before your children reach the age of majority and you have not executed a will that designated their legal guardians, a judge will decide who raises your children – – and it may not be someone you would have chosen. A will serves many other purposes, and is the starting point for most customized estate planning in New York and New Jersey.
Read more . . .


Wednesday, October 16, 2019

Understanding How Retirement Benefits Impacts Estate Planning


Q: How do my Social Security benefits impact my estate planning?

Life has a way of creeping up on us. One day we’re just starting out in our 20s and before we know it, retirement is upon us. Are you physically, mentally, and financially prepared for it?

Ideally, people create an initial estate plan when they are young and modify it throughout their lives as their circumstances change – whether it be a marriage or divorce, a birth, an adoption, or a death, the formation of business relationships, and/or the accumulation of significant wealth. 

Whatever phase you are at in your life, if you do not have one in place, you should consult a skilledRead more . . .


Archived Posts

2020
December
October
September
August
July
June
May
April
March
February
January
2019
December
November
October
September
August
July
June
May
April
March
February
January
2018
December
November
October
September
August
July
June
May
April
March
February
January
2017
December
November
October
September
August
July
June
May
April
February



© 2021 Merlino & Gonzalez | Disclaimer
394 Manor Road, Staten Island, NY 10314
| Phone: (718) 682-7015

Trust & Probate | Education | About Us | Practice Areas

Law Firm Website Design by
Amicus Creative