New York Estate Planning, Probate, and Real Estate Lawyer

End-of-life issues can be extremely complex, and many people avoid making decisions about how such issues will be handled because it can be an uncomfortable and difficult subject to address. However, it is crucial that you do spend time thinking about how you want your final days to play out, both for your own personal…

Choosing a healthcare proxy helps to ensure you receive the care you want at the end of life. Your healthcare proxy, or agent, should be someone you trust, a family member or close friend. Your agent makes medical decisions for you when you no longer can. You can ask your proxy to make all your…

Changing legislation and tax laws can affect your estate planning but there are some estate planning issues that remain the same regardless of those changes. The first is making sue you update your health care documents and will(s). Make sure the people named in those documents are still the people you want named in those…

We’ve mentioned it before but many people delay estate planning because they don’t want to talk about death, their own specifically. But it has to be done. By not discussing it you can leave much uneeded stress for those you leave behind. Getting your estate plans in order doesn’t have to be complicated. Here are…

Gymboree, the kids clothing maker, managed to achieve a rare move in the world of retail bankruptcy. It was able to restructure successfully. Bloomberg reported that the company will be unveiling a rebranded apparel line and an increased tech push in an effort to appeal to the modern parent. Bloomberg quotes CEO Daniel Griesemer, who…

Despite its importance, surveys have shown that only 2 out 5 people over 45 have a will. Most people put off writing a will because it is unpleasant thinking of one’s mortality. But uncomfortable as it may be, it must be done. For purposes of this post, we will assume you already have a will…

The IRS and Treasury Department have joined forces to issue regulation regarding non-grantor trusts which have been used by wealthy people to avoid the property tax deduction cap in the new tax reform law. In Notice 2018-61, the IRS and Treasury say they plan to release regulations to provide clarification on the effect of section…

So, you did everything you were supposed to; set up trusts and did all the rest. There was just one small mistake. You forgot to tell anyone where your will and all those other documents are. If you don’t let anyone know where your will is, it will be as if it doesn’t exist and…

Original article on NIH site: The National Institute on Aging reports many people are unprepared to deal with the legal and financial consequences of a serious illness such as Alzheimer’s disease. Legal and medical experts encourage people recently diagnosed with a serious illness—particularly one that is expected to cause declining mental and physical health—to examine…

The National Consumer Law Center recently released Avoiding Living Trust Scams:A Quick Guide for Advocates. In it they warn, Dishonest living trust salespeople prey on seniors’ fears that after their deaths, their life savings and assets will be stolen by the government or by predatory probate attorneys. These salespeople use high-pressure tactics and deceptive claims…