Barron’s recently published an article regarding the five of the most common ways problems arise when establishing a trust, illustrating the importance of hiring an experienced New York Trust and Estates Lawyer. Estate planning can be intimidating because it is a complex area of law that can bring stress to…
New York Probate Lawyer Blog
Doomsday Profit Gets Inheritance In Queens Woman’s Will
CNN recently reported about a woman whose aunt gave nearly her entire estate of $300,000 to Family Radio, the non-profit California station that broadcast unsuccessful predictions about the end of the world. Contested wills in New York probate court can be difficult because they require specific requirements other than a…
New York Estate Planning and Probate Should Avoid Family Disputes
The New York Probate Lawyer Blog has talked about many different situations where disputes and competing interests among family members can arise. For example, when a person prepares his or her estate plan many decisions must be made regarding the details and provisions in documents such as a Last Will,…
New York Article 81 Guardians Face Complex Issues
The New York Probate Lawyer Blog has discussed many issues concerning New York Article 81 Guardianship proceedings. These issues included the appointment process for a Guardian and the powers that are given to a Guardian by the Court. Section 81.02 of the Mental Hygiene Law (MHL) provides that the Court…
Huguette Clark Case Should Get Interesting If Will is Contested in New York Court
New York Probate Lawyer Blog has already touched on the fascinating case of 104-year-old heiress Huguette Clark, who died recently in New York City. What makes the situation unique is that Clark, who inherited a giant fortune from her father, a copper baron and one of the richest Americans at…
Many Options For Protecting Your Family Through New York Estate Planning
Experts believe the best bet for protecting your family in life and death is a plan of revocable living trusts, pour-over wills, guardianship and power of attorney for health care, property and mental health care. New York City Trust And Estate Lawyers are available to assist you in any of…
Celebrity No-Nos Help Average Joes in New York Estate Planning
An improperly planned estate in New York City can cause turmoil in a family that adds to the grief felt from the loss of a loved one. And it’s not just everyday citizens who deal with it. Many celebrities have made mistakes in their wills that cause problems. That’s why…
New York Kinship Problems Arise When A Decedent Does Not Have A Last Will and Testament
The New York Probate Lawyer Blog has discussed on a number of occasions the many problems created when a person dies without a Last Will and Testament. One of the major issues faced in estate settlement and estate administration in such cases is determining the identity of the decedent’s distributees…
Large Inheritances Create the Need for Sound Fiscal Planning and Execution in New York
Imagine the emotion of having a parent or relative die and then deal with the shock of being left a large sum of money as an inheritance. Many would not consider it a burden. However, without the proper plan to handle that kind of change in your life, you could…
New York Among States With Highest Density of Millionaire Households — Estate Planning Critical
It’s possible that the number of millionaires in the United States will double over the next decade as numbers reach and exceed pre-recession levels, CNN Money reports. The wealthy tend to their money like one might tend to a garden: thoughtfully, frequently and with great care. A New York probate…