Seminar: How NY Real Estate Investors Can Avoid Probate & Estate Taxes

“How NY Real Estate Investors Can Avoid Probate & Estate Taxes” will be presented by Robert Friedman of Friedman & Ranzenhofer, PC Attorneys at the Buffalo Investors & Exchangors Group meeting on October 21, 2014 at 7:00 PM at the Millennium Hotel, 2040 Walden Avenue, Cheektowaga, NY. Drawing on over 35 years of estate planning…

Seminar – FOURTEEN WAYS TO PRESERVE YOUR ASSETS WITH THE NY MEDICAID LAWS

This seminar will be presented at the Clarence Senior Center,4600 Thompson Rd, Clarence, New York on Monday, September 8, 2014 at 1:30 pm. Speakers are Robert Friedman, Attorney of Friedman & Ranzenhofer, P.C .and Jeff Vastola, CLU of M&T Securities. Learn how to preserve your assets and plan for incapacity with powers of attorney, health…

When Should I Update My New York Will?

The following events may require you to update your New York will so that it is coordinated with your other estate planning documents and non-probate assets. This will ensure that your wishes are carried out. There is a major change in your assets or financial status, such as the purchase or sale of real estate.…

NY Power of Attorney Checklist

AGENTS ACT SEPARATELY: If you designate more than one agent ,they must act together unless you initial the statement that they may act separately. The POWER OF ATTORNEY DOES NOT REVOKE any Powers of Attorney previously executed unless you so state under “Modifications”. GRANT OF AUTHORITY: You may grant authority to your agent(s) with respect…

NY Executor Surcharged $630,000 for Selling Home Below Value

The owner of a Brooklyn, New York brownstone building died in 2009. The executor of her will sold the property to a personal acquaintance in 2011 for $670,000. Three days later, the purchaser sold the property for $1.3 million. A date of death appraisal valued the property in 2009 at $800,000. The assessed value was…

National Senior Health & Fitness Day Fair – 2014

National Senior Health & Fitness Day is being celebrated at a completely free fair on Wednesday, May 28, 2014 from 11AM to 2 PM at the Akron-Newstead Senior Center, 5691 Cummings Road, Akron, NY. The goal of this health and fitness day is to promote the importance of regular physical activity and to improve the…

Can An Unrecorded New York Deed As A Gift From A Mother To A Child Be Declared Null And Void?

Yes, in a recent case plaintiffs sued their brother for fraudulently diverting their late mother’s New York home to himself. While the mother was recovering from a stroke in 2003, he obtained her signature on a power of attorney and a deed. However, the son testified that he was not ready to own the premises…

Who Controls My Remains In New York After My Death? How Do I Appoint Someone I Want To Do That?

Many people say that they don’t care what happens to their body upon death. However, for many surviving family members, whether their loved one is buried or cremated and where the remains or ashes go can be a hotly contested issue. Often, people will put their wishes regarding burial or cremation in their Wills. However,…