New York Estate Planning, Probate, and Real Estate Lawyer

You just lost your job, you got divorced or you had a medical emergency. Your money is running out. You are in a panic. What do you do? Most folks think Bankruptcy is the last thing they want to do. Maybe they are right. But, if you are in this situation, here are five things…

About 1.2 million Americans filed for bankruptcy in 2012. If you were one of them, you’ve likely heard that bankruptcy will stay on your credit reports for 10 years. You might be assuming your life is over — at least financially — for the next decade. But you’d be wrong. Bankruptcy does do major damage…

A good real estate attorney should be able to advise a client on the tax implications of the real estate transaction. Here is a brief summary to changes in the Capital Gains rate, reflected in the new tax law passed in February 2013. Capital Gains is the profit on the sale of real estate. Profit…

New York City Estates Attorney Discusses the Witness Requirement for Wills; What the Law is, How to Comply, and How to Pick as Your Will’s Witness New York law requires a valid Last Will and Testament to have attesting witnesses. Although this requirement may sound simple, there are certain formalities that must be complied with…

Even though most people think about wills when they think about estate planning, there are many other tools available which are just as if not more effective to use. One of the most common devices used is called a trust. Essentially, a trust is a device that allows individuals to control the distribution of their…

People may want to control the distribution of their property during their lives or after death through the use of a device known as a trust. Typically, a trust is created for the financial benefit of the person making the trust, a surviving spouse, children, or for a charitable purpose. There are two main types…

Formalities of a Will One of the simplest ways to ensure that a person’s family members are cared for after death is to have a valid will in place. A will is a legal instrument created by a testator—or who the will is made for—which dictates the testator’s wishes upon his death. While New York…

New York City Probate Attorney Jeffrey Weinstein Discusses Will Contests: What they are, Why they Occur, and How to Avoid them Once you have overcome the initial pain of losing a loved one and have made the necessary immediate arrangements ,the next step is to see that the will is properly executed. This process, known…

As if times are not tough enough for bankrupt debtors, The US Bankruptcy Court just announced a cross the board increase in filing fees, effective December 1, 2016. The latest, revised rates for filing a Chapter 7 Bankruptcy are $335. Similarly, the filing rates for Chapter 9 and a Chapter 11 Bankruptcy also increased to…

Benefits of the Wildcard Exemption in Chapter 7 Bankruptcy You do not have to be flat broke to file Chapter 7 Bankruptcy. In fact, today you can retain more of your assets when filing Chapter 7, by electing to take advantage of the Federal “Wildcard” exemptions when you file New York Chapter 7 bankruptcy. Until…