New York Updates Power of Attorney Law in 2021

New York State has enacted an update to its Power of Attorney Law that will take effect on June 13, 2021.  New York’s Statutory Short Form Power of Attorney, last updated in 2010, was notorious for its complexity and difficulty to execute.  It often baffled clients who didn’t know where to sign or initial and […]

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Do You Need A Living Trust?

Living trusts are a much talked about topic in the field of estate planning, and for good reason. You may have heard financial planners or attorneys mention these trusts as a “must have” item in your planning portfolio but may be confused as to what a living trust really is, what it accomplishes, and most […]

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When To Update An Estate Plan (Marriage, Move, Death, Birth Etc.)

You might think that you have done the work of creating an estate plan - you combed through your assets, made tough choices about beneficiaries, executors and guardians for your minor children - and now you can close the book on that task forever.  However, you may find that before you know it, several years […]

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Why You Need an Estate Plan for Your Pet

According to the ASPCA, 1.5 million animals are euthanized in the United States each year.  That’s why it’s so important to have a plan for your pet in the event of your death or disability. With a proper plan, your pets will be cared for by the person you chose who can be provided with […]

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How Can I Locate the Assets of a Loved One in New York?

A frequent request I receive when working with a client on a probate or administration matter is to help them locate all of the assets in the estate. They want to make sure they collect all of the accounts, policies, and real property that their loved one left behind, but they may not know what […]

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Four Tips to Saving Money on Estate Planning

Making the decision to finally sit down with an estate planning attorney to discuss your wishes can be a daunting prospect. Concerns about cost should not address stress to the process. In this article, we discuss four tips that consumers should take into consideration to maximize their value and keep costs down. Tip #1. Talk […]

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Estate Taxes: Will Your Estate Be Taxed At Death?

As the saying goes, “nothing is certain but death and taxes.” In the context of estate planning, this reality drives the estate planner’s desire to minimize taxes upon death as much as possible. In fact, the world of estate planning is consumed with the minimization of taxes in all of its forms. New York estate […]

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Costs Of Estate Planning in New York

Costs of Estate Planning While estate planning is one of the most significant things you can do to safeguard your loved ones after you pass on as well as to ensure your care in case of incapacity, it is generally thought of as expensive. If you have been putting off the idea of planning your […]

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Four Questions Estate Planning Lawyers Ask When Drafting A Will

When drafting a will for a client, it is important that an estate planning attorney remember that we are doing more than putting together a legal document – we are also offering peace of mind. With that goal in mind, it is important to discuss four basic areas to help us tailor a last will […]

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Funding Your Living Trust

Imagine buying a beautiful new family car, taking it home, and leaving it parked in your garage. Then, instead of using your shiny new vehicle to transport your family, you use public transportation to get you and your family around. As silly as that sounds, that is what happens to many clients who establish trusts […]

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Attorney Advertising Disclaimer: The estate planning, probate, elder law or other New York legal information presented on this site should NOT be construed to be formal legal advice nor the formation of a lawyer or attorney client relationship. Using the advice provided on this site without consulting an attorney can have disastrous results. Prior results do not guarantee similar outcomes. Please contact a Queens estate planning attorney at one of our law firms located in New York City. This web site is not intended to solicit clients for matters outside of the State of NY, although we have relationships with attorneys and law firms in states throughout the United States. Free consultation applies to an initial phone consultation.
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