I neglect my talents Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by...
Understanding what is the purpose of a trust account is essential for individuals setting up an estate plan. A trust account allows assets to be securely managed according to specific legal instructions, ensuring they are distributed properly to beneficiaries. For those establishing a trust in...
As an estate lawyer, I’ve seen many family businesses flourish across generations. Unfortunately, I’ve also witnessed others falter during the transition, not because of market conditions or competition but due to inadequate succession planning. The hard truth? Sometimes, the biggest threats to your business legacy...
While meeting with clients, as an estate planning lawyer, I often hear this question: “Should I add my family member to my accounts as a joint owner, or set up a Power of Attorney?” While adding a joint owner might seem simpler, the answer isn’t...
The consequences of undue influence can be devastating, potentially tearing families apart, invalidating wills, and leading to costly probate disputes. This often occurs when vulnerable individuals, such as the elderly or ill loved ones, are pressured into decisions that do not reflect their true wishes....
As an elder lawyer in New York, I’ve noticed a recurring theme when helping families navigate the downsizing process. Parents often struggle to part with possessions because they hope to pass them down to their children. Yet when meeting with adult children after their parents’...
