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New York Law Blog
Do I need a will for another country?
New York residents who own property in another country need to have whatever estate documents are necessary to make sure their property or assets are distributed to the proper heirs. This may include drafting a will not just for the United States, but for whatever...
Do children automatically inherit from parents?
Despite the advisability, most adults in New York do not have a will or any other estate plan in place. If you are one of them, you may believe that you do not need one because your children will automatically inherit from you upon your death even if you die...
Beware of estate and gift taxes for noncitizen spouses
Estate planning can be a complicated process for high-asset couples, especially when one of the spouses is not a U.S. citizen. One primary concern is that noncitizen spouses may not be able to receive marital assets tax-free, whether as a gift or as an heir to an...
What should you know before challenging someone’s will?
If you wish to challenge the validity of someone’s New York will, you need to have legally sustainable grounds to do so. Simply disagreeing with the decedent’s distribution of his or her assets is not sufficient. FindLaw explains that to successfully challenge a...
What must you prove in a fiduciary breach case?
If you are an heir of someone’s New York estate, the estate administrator (the executor of the decedent’s will) is a fiduciary who must manage the estate in your best interests. The same holds true of the trustee of someone’s New York trust of which you are a...
How can I deal with family disputes when estate planning?
You can carefully put together a very precise and well-thought out estate plan, but what happens with after your death is something completely out of your control. No matter how hard you try to control things within the laws of New York, your family can also put a...
Immigrating to the U.S. as a business investor
The United States offers immigration programs for investors purchasing commercial real estate or starting businesses here. Foreign nationals can seek a green card for permanent residency under specific circumstances. Before investing in a U.S. business, it's a good...
Disinherited in New York
From disagreements to estrangements, this world has no shortage of relationship problems. These issues can escalate in tense or emotional situations like the impending or sudden death of a family member. If you’ve experienced a fracture in your family and find...
What are some common issues with foreign assets and estate planning?
Dealing with an estate after a loved one has died is often complex and takes some time, but things are made even more difficult if the estate contains foreign assets. New York probate courts can handle some of your needs when it comes to foreign assets but not all of...
Jeffery Epstein saga: What happens with his estate?
Unless you have been actively avoiding the news in New York, you will know about Jeffery Epstein. The accusations, the arrest and the death have made for a whirlwind story. However, despite his death, charges are still pending and not everything is wrapped up. One...
