Every year and with every new administration, both state and federal law makers talk about changing the tax code. The most recent federal change was in 2017, but the most recent proposed change, at least on the federal level, is the Build Back Better Act. If passed,...
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Estate Planning
Asset distribution when there is no will
When a person passes away without a will, it can leave his or her family worried about what to do next. The estate will need to go through probate, which is the court process to administer the estate. The estate may include money, personal property, real property and...
An executor’s duties in New York probate
When a loved one dies with a will in New York, their estate must be probated. This can be a confusing time, especially if you are grieving your loss and have never gone through the probate process before. The situation may become even more confusing if you have been...
Three ways to pass your home to your children
Many parents are interested in passing their family home to their children. Their home has many special memories and passing this on the next generation can be special. A clear estate plan can help a family pass along a home, vacation property, etc. to their children....
How can our law firm help with home care coordination?
Many Woodbury area residents understand how difficult it can be to have an older relative. Typically, older people require more time and resources, whether it be drives to appointments, meal preparation, housekeeping, or more skilled nursing help. Navigating the...
Should you name a power of attorney over your digital assets?
Over the last two decades, digital assets have seen a surge in popularity. From a movie collection that people stream from cloud storage to an online store an individual has built from the ground up, these digital properties represent a significant portion of a...
Choosing a power of attorney and healthcare agent
As you get older, you may experience physical or cognitive difficulties that make it difficult for you to care for yourself and your finances. Fortunately, estate planning allows you to choose a power of attorney to make non-healthcare decisions and healthcare agent...
Making an effective estate plan
An effective estate plan can help avoid probate and reduce costs, delays, and taxes. Estate planning and the drafting of your will should also address the reality that life and work is performed online and deal with digital assets. Changing estates In the past, the...
New York power of attorney laws have been updated
Estate planning is a broad legal topic that covers many different tools to help individuals prepare for the future and the disposition of their assets at the time of their deaths. One important legal device that many New Yorkers include in their estate plans is a...
New York simplifies power of attorney forms
Much of the work of an estate planning attorney revolves around big, complex tools for protecting clients' assets and allowing them to leave a lasting legacy after they are gone. Still, one of the most important documents in estate planning is the humble power of...