Do Millennials Need an Estate Plan?
As the largest living generation in the U.S.—making up 22% of the population—and collectively having lived through several “once-in-a-lifetime” crises, the millennial…
Estate Planning for Millennials Part 1: The Last Will and Testament
“I regret not taking care of this when I was young and healthy.” As an estate planning lawyer, I hear this remark frequently. Estate planning is often thought of as something…
Life Estate Deeds in Estate Planning
With a rise in the value of land over the past decade, one’s largest asset oftentimes ends up being their home. While a last will and testament usually cover the transfer of…
It’s The Most Wonderful Time Of The Year… To Update Your Estate Plan
The coming of a new year often has us reflecting back on things we meant to do but did not get done or looking forward to things we wish to accomplish. It is the perfect time to…
When Revocable Living Trusts Make Sense for New York Residents
In some states, Florida for example, a revocable living trust (“Rev Trust”) is often used as the primary estate planning document rather than a Will. This involves collecting…
Power Of Attorney Changes
Effective June 13, 2021, the New York State Statutory Short Form Durable Power of Attorney will be changing, both substantively, and with regard to execution requirements. To view…
Getting Your Signature Notarized Remotely and an Update on Durable Power of Attorney Legislation
As the COVID 19 pandemic drags on, we all have had to adjust to doing routine tasks online rather than in person. When it comes to legal documents, one of those tasks is getting a…
Legal Update: Durable Powers of Attorney: The Not So Merry-Go-Round 2020 Version
As of this writing, the New York State legislature has passed a bill to revise the statutory short form power of attorney yet again. It only awaits the governor’s signature to…
Planning your Estate during the Coronavirus
When Bad Things Are Good Reminders As we venture into uncertain times around COVID-19, it may have caused you to realize that you either have not done your estate planning…
New year, new exemptions: It’s the perfect time to review and update your estate plan
You may have had the foresight to create an estate plan to ensure that your assets are distributed the way you want them to be after you are gone. However, each new year brings…