Blog Posts in May, 2013

  • For Estate Planning, There is No Fix-It-And-Forget-It

    || 20-May-2013

    For Estate Planning, There is No Fix-It-And-Forget-It It's hard to believe that people who spend a lifetime working hard to accumulate wealth spend little or no time planning for what will happen to it after they pass, especially if children are in the picture. Yet a recent Consumer Reports survey tells us that 86% of people have not reviewed or updated our estate documents in the past five ...
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  • Estate Planning at Any Age - Drafting Wills While in College

    || 13-May-2013

    New York college students have plenty of things on their minds with college classes, studying for finals, working, socializing and even managing living away from home. Now experts say that students should add estate planning to their already lengthy to-do lists. So how do will and trusts fit in with finals and why is it so important at this age? The common misconception is that estate planning s ...
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  • Elderly Woman Could Lose Home in Probate Dispute

    || 9-May-2013

    Imagine how New Yorkers would react if the home they lived in for decades was being sold in a probate auction - without their knowledge. That's the battle a 78-year-old woman from Los Angeles, California, is going through after a mix-up at the county office has the woman listed as the renter instead of as the executor of the 92-year-old home. The probate dispute could cause the woman to lose ...
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  • Drafting a Will that Includes Multiple Powers of Attorney

    || 1-May-2013

    Many New Yorkers may not even have one power of attorney, let alone several of them. However, some people - particularly those with more than one child - may want to share the wealth, so to speak, by allowing each child to have authority over an aspect of their parents' lives. They do this by including multiple powers of attorney when drafting a will. How does this work? A person may have one ...
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