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Artists are a unique group of people. They love their works of art dearly and hold them close to their heart. Unfortunately, they sometimes forget to safeguard them as part of their enduring legacy. This often triggers unnecessary problems, especially if they are...
It is not uncommon for career professionals to experience significant changes throughout their careers and personal lives. They might start a business, receive a promotion, make investments or grow their family; all of these things can affect the long-term goals of a...
Estate planning is about much more than just distributing tangible or financial assets after someone passes away. It also focuses on planning for the future, with the understanding that a medical emergency could occur. Three documents may be helpful when doing this...
You might think you have your health care proxy figured out. You picked someone you trust, signed the paperwork and filed it away. However, a health care proxy that looks complete on paper can still fall apart when it matters most. One common oversight is proper...
Planning how your assets will be handled after your lifetime is an important step in protecting your family and ensuring your wishes are followed. Many people look for ways to simplify this process and reduce delays for their loved ones. One effective approach is...
If you have gone through a divorce, you may be wondering how it will affect your estate plan. Can you leave your ex-spouse as a beneficiary? Will New York’s law automatically remove them from your will? It’s important to understand the state’s law regarding this...
Estate administration often involves cleaning, formal communications and record keeping. Occasionally, there may be controversies that arise during estate administration. Outside parties, including creditors or family members, may file a lawsuit due to concerns about...
Many people procrastinate when it comes to making an estate plan. If you ask someone why they do not have a will, there is a good chance they will say they have not gotten around to it yet or that they are waiting until they are older. However, this can be a...
Talking with your aging parents about estate planning is a conversation no one wants to have. It feels uncomfortable, emotional and intrusive. However, these conversations are an essential step adult children can take to protect their parents and themselves from legal...
Co-ops are a unique form of residential real estate in New York City. A co-op (short for cooperative unit) isn’t an apartment rented by the month or year. However, it’s not a condominium or townhouse that’s owned by the person who purchased it. When someone...