Articles Posted in Jeffrey Weinstein

Who can be appointed administrator of an estate?
The Law Office of Jeffrey L. Weinstein

Let’s begin with some definitions. When someone dies with a will, the process is called Probate. The individual entrusted with administering the estate is the Executor named in the Will. If one dies without a will the process is called Administration. The person entrusted with administering the estate is called the Administrator. Since no written…

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Is Syracuse the next Detroit?
The Law Office of Jeffrey L. Weinstein

The Albany Times Union is reporting that the pressures that caused Detroit to go into bankruptcy also exist here in New York State due to “stagnant or shrinking tax base caused by declining population and de-industrialization as well as swelling legacy costs for pensions and health care for retirees.” …the state constitution sets limits on…

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Saving real estate through bankruptcy
The Law Office of Jeffrey L. Weinstein

Many real estate owners are confronting the worst housing market in decades. Foreclosures and loan defaults are at an all-time high and refinancing is difficult even for creditworthy homeowners. As a result, bankruptcy has become the favorable choice for many property owners facing foreclosure. Here are some of the ways bankruptcy can help: The filing…

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Why Consider Using a Living Trust?
The Law Office of Jeffrey L. Weinstein

In the process of making plans to protect one’s family and loved ones upon one’s death, many people have chosen a living trust. Also known as an inter vivos (Latin for “within one’s life”), this type of trust is very flexible.This type of trust is distinguished form a testamentary trust, which is created by a…

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More than half of Americans don’t have a will
The Law Office of Jeffrey L. Weinstein

The website Daily Finance reports The newly released 2011 EZLaw Wills & Estate Planning survey shows a fairly significant disconnect between our ideals and our actions when it comes to preparing for our deaths. While 60% of those surveyed said they believe all adults should have estate plans, only 44% said they have one. Read…

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Top five common mistakes made before filing for bankruptcy
The Law Office of Jeffrey L. Weinstein

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…

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