A power of attorney is a very interesting and possibly powerful document. The document gives a person you choose, your agent, the power to act for you. The powers given to the agent can be incredibly broad or very specific. For instance, you can narrowly tailor an agent’s power to act only for real estate...Read More
An important case has recently been decided and should be thoroughly reviewed by those who practice Article 81 Guardianship. In a bitterly split panel of the Appellate Division, First Department, the majority affirmed sanctions imposed on an attorney in an Article 81 guardianship hearing. The majority, however, reduced the amount of sanctions imposed. Justice Andrias...Read More
Medicaid planning, estate tax issues, estate planning, poor family dynamics, and planning for incapacity are a small list of what Elder Law attorneys face on a daily basis. Having the guidance of a trusted elder law attorney allows you to develop the proper legal documentation for taking care of your property. It allows you to...Read More
The world is changing every single day. In terms of technology it seems that every year, phones, televisions and electronic devices are continuing to evolve. With all this technology, many people actually have valuable “electronic assets”. These assets may include website domain names, accounts with email providers, Facebook, Amazon and many other accounts. Just like...Read More
Estate Planning is a complex and in-depth process that is more than just preparing and disposing of your estate when you pass away. There are important questions and steps that must be asked and addressed. One of those steps that must be addressed is who should be able to take care of your finances in...Read More
Once you have gone through the entire process of creating an estate plan, there are important dates that you must keep in mind moving forward. You should revisit your estate plan after any of the following important life events: Marriage: A spouse should be provided for in a person’s will. Even if a spouse is...Read More
Many people may not understand what elder law is or even know that they are looking for its services. Elder Law is a legal term used that covers a range of legal services targeted towards senior citizens & the aging population. There are three main categories and legal services involved in Elder Law and they...Read More
In a recent story & survey by CNBC, it has been shown that more then 1/3 of high net worth families do not have an estate plan set up. They have surely not taken the basic steps needed in the case that someone dies, to protect and provide for their loved ones. The survey has shown that 38...Read More
Estate Planning is not only for retired and older individuals or for people with a large estate or large house, it is for everyone! Unfortunately, estate planning can often become a neglected part of many people’s financial planning. Everyone has an estate, and that means you should have estate plan. For young parents an estate...Read More
You have now been appointed as Guardian of the Person and/or Property in New York. You have participated in the hearing and have been told by the judge that you will be acting as Guardian for the incapacitated person. Listed below are steps which must be taken to qualify as a Guardian after the hearing. Review CAREFULLY the...Read More