While a number of estate planning posts focus what should be done to prepare for retirement, not much is said about life expectancy. After all, most retirement plans are based in part on how long a person is expected to live. With health care advances and more...
PROVEN LEGAL COUNSEL
For Estate Planning, Estate Administration And Disputes
Year: 2017
Limited liability company: Does your startup include this option?
New York is definitely a hub of entrepreneurship in the nation. If you're currently developing ideas and plans of your own to make your mark on the fast-paced, ever-changing business world in America, you obviously want to gather as much information as possible...
Common housing issues between millenials and baby boomers
At first glance, baby boomers and millenials couldn’t be any different. After all, millenials revel in communicating by text message and email, while baby boomers prefer face-to-face conversations and still use telephones to call someone. Baby boomers tend to work for...
How IRS changes may affect probate administration
Estate executors may not be familiar with the obligations they are saddled with in administering the estate of a loved one. Indeed, the responsibilities center on making sure that all debts and liabilities are paid before property is distributed. Depending on the size...
Three tips to avoid will contests
Headlines about high-value litigation cases commonly occur when a lawsuit is filed and when verdict is rendered, but few take into account the time that passes between those seminal events. For estate litigation (otherwise known as will contests), a “quick” settlement...
The difference between benign and undue influence
People create estate plans for the purpose of passing on assets to heirs and beneficiaries according to their own wishes. While we generally believe that people express their own desires in writing wills or creating trusts, instances may arise where a will was...
Disinherited? How can I claim my share of the estate?
Perhaps an elderly grandparent or even your own mother or father recently passed away. When that family member died, you may have expected to inherit part of the estate. You may have felt surprised and disappointed to learn that your relative did not include you in...
The continuing evolution of retail centers
In our last post, we highlighted how retailers are trying to find additional ways to reach consumers given the proliferation of online shopping sites. Indeed, traditional brick and mortar retailers must adjust in a new marketplace, which means that developers and real...
Is mobile real estate the next big thing in retail?
The commercial real estate industry is indeed in a precarious position. The rise of online shopping has essentially stunted growth in this industry, especially with retail outlets. But with every industry disruption, there may be new opportunities for growth. While...
Prevent probate litigation with planning and communication
For many in New York, the purpose of making an estate plan is to avoid conflict or confusion after their death. With a will or trust in place, they assume their assets will be divided according to their wishes. However, understanding the common reasons why families...