Articles Posted in Wills And Trusts

Estate planning? Consult a professional
The Law Office of Jeffrey L. Weinstein

The internet offers many ways to create your own estate planning documents and you can take that route if you want to save money, but you are better off hiring a professional to insure all your documentation is legally valid. There’s nothing wrong with saving some dough by drafting your own estate-planning documents. You can…

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Digital assets and your will
The Law Office of Jeffrey L. Weinstein

We’ve written ad nauseum about how less that half of Americans have a will. Well, almost that many also forget to include their digital assets in their estate plan. Most Americans don’t keep track of their online assets like Paypal, Facebook, and merchant loyalty reward programs and chances are will forget to include them in…

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Do you need an attorney for a living will?
The Law Office of Jeffrey L. Weinstein

You can make a living will without a lawyer’s help. Most states have designed their health care forms, called Living Wills and Health Care Proxies in New York, with the specific intention you will complete them yourself. Usually, you’ll need to consult a health care professional or an attorney only if there is something about…

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The curious case of the homeless millionaire
The Law Office of Jeffrey L. Weinstein

Colorado’s probate courts have been mired in controversy for years. Two state audits in the last eleven years have found screening and monitoring of guardians and conservators as lacking. There have also been instances of neglect, theft, fraud and a general lack of accountability. Attempts to reform, the system has been moving at a glacial…

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Inheritance laws in New York
The Law Office of Jeffrey L. Weinstein

New York is one of 12 states that tax estates of decedents people who owned property in the state. Now besides that, there are other things you need to know when estate planning. New York doesn’t charge inheritance tax, but the estate tax comes with one big provision. Though December 31st of this year there…

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Funerals for the rich
The Law Office of Jeffrey L. Weinstein

A crypt beneath New York’s Basilica of St. Patrick’s Old Cathedral is available for $7 million. This isn’t just any crypt, It’s one of the last full-body burial spots in Manhattan and can hold nine caskets and 10 cremated remains. And at least three prominent NYC families have already inquired about it. Today, funerals are…

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Avoid estate planning mistakes like Aretha
The Law Office of Jeffrey L. Weinstein

Aretha Franklin may have been the Queen of Soul, but she made gigantic estate planning mistakes that you should avoid. Franklin, who was divorced, died without a will or a trust despite having four grown children, one of whom has special needs. If you follow in her footsteps could mean your loved ones won’t receive…

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Biological dad not entitled to money in son’s death
The Law Office of Jeffrey L. Weinstein

A Milwaukee County, Michigan judge has denied a biological father a share of the wrongful death proceeds awarded in a suit brought by the mother of a 25 year-old man who died in a mental health facility back in 2012. Alicia Johnson, 48, argued that the biological father, 53 year-old Marcus Crumble, her first cousin,…

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Estate planning: When only a will doesn’t cut it
The Law Office of Jeffrey L. Weinstein

For many people, the most important document isn’t their will, it’s their IRA or 401(k). That’s because many financial products, including retirement accounts and life insurance policies are legal contracts and override anything in your will. So, no matter what your will says, the payouts from these products will go to the beneficiaries you designated…

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Fighting over Estate issues
The Law Office of Jeffrey L. Weinstein

In our new world of multi-marriages, divorces and step-children, Will contests and objections to probate are becoming more and more common There are ways to deal with these conflicts to resolve differences without going to court. The best advice is for parents to do estate planning, which includes preparing a Last Will and perhaps a…

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