You understand the importance of having a health care proxy make medical decisions for you if you become incapacitated, but do you know how to talk about the matter with candidates? You do not want your chosen proxy to learn of your decision after you become medically...
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Estate Planning
Is my US will valid in foreign countries?
If you own foreign assets, have family abroad, live outside the US or have any reason to believe that your estate will span national borders, planning your estate can be intimidating. Since most New Yorkers use a will as an estate planning tool, understanding how...
Managing your estate plan while working overseas
If you moved overseas to pursue a lucrative job opportunity, there are a number of legal issues that are often more difficult to work through while you are abroad. For example, if you need to revise your estate plan or set up an estate plan and you are not in the...
Administering a foreign will in New York
New York attracts property owners from around the globe. Whether the property includes real estate, art or other assets, if you are the executor of an estate held by a foreign national residing in the United States, the estate must pass through probate. We ensure our...
What are tax concerns with foreign estates?
Even after death, there are still issues you want to account for through proper estate planning. Ensuring that your heirs receive the property and assets you want them to involves careful planning and creation of legal documents. According to the American Bar...
What should I do with my estate plan after divorce?
A divorce can change your life in a number of ways. It can even impact your estate plan, especially if you do not make the proper changes once your divorce has been finalized. Here are a few effects divorce can have on your estate and what you can do to prevent major...
How can you contest a will?
New York law determines how you should handle your will. From their creation to execution, the law dictates what is or is not legal. Today we will take a look at a popular estate litigation topic. How can you contest a will? First, you must have a standing. This means...
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...
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...
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...