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In the state of New York, a person must reach the age of 18 before being legally able to draft a Last Will and Testament. While there is an ability to make a Will at a young age, many wonder if it is legally necessary. Too many people think a person should only think...
The process of going through a divorce can be hard, but knowing what questions to ask can make the process a bit more manageable. It is important to find an attorney that works best for you and can be someone that you can trust to speak on your behalf. The following...
The main purpose of a will is to ensure that property is passed on to the people the deceased wants to have it after they pass away. When people are drafting their wills, their focus is usually on that issue. Another important part of a will that people should think...
There is so much to do when you are expecting your first child. You are getting the nursery ready, attending prenatal appointments, arranging for child care and more. It is exciting, but one aspect of parenthood that may have gone unnoticed is the need for an estate...
New York State law permits you to appoint a person you trust to make health care decisions on your behalf if you become unable to make those decisions for yourself. That person is called your “Agent.” Typically, an agent is a trusted family member or close friend...
The short answer is “Intestacy” – an overly fancy word meaning to die without a Will. In New York State, if you expire without a properly executed and enforceable Will in place your assets and estate pass according to statute (EPTL § 4-1.1 to be exact). In summary,...
One of the most important estate planning tools available to our clients is the Power of Attorney. This document allows the Principal (the client) to appoint an Agent. The Agent has the power to make decisions for the Principal regarding financial matters, business...