Legal issues regarding estate planning & wills in New York

Checklist for Estate Planning

Checklist for Estate Planning

Checklist for Estate Planning Estate planning is not just for the old and wealthy. Even young, single people should start legal, financial and medical planning for death or disability. You should discuss the following checklist for estate planning with an experienced attorney. Contact our offices today for a free consultation. Checklist for Estate Planning |…

How Soon Does A Will Have To Be Filed With The Courts In The Buffalo, NY Area After A Person Dies?

How Soon Does A Will Have To Be Filed With The Courts In The Buffalo, NY Area After A Person Dies?

How Soon Does A Will Have To Be Filed With The Courts In The Buffalo, NY Area After A Person Dies? There is no time limit on filing a will with the Surrogate’s Court, which has oversight of the validity of wills and beginning the probate process. There are good reasons to act promptly to…

On What Grounds Can I Contest A Will In The Buffalo NY?

On What Grounds Can I Contest A Will In The Buffalo NY?

On What Grounds Can I Contest A Will In The Buffalo NY? When a loved one passes, families take on a great deal of responsibility in executing their final wishes. In today’s world, with blended families and various interests at play, there are many instances when a relative or heir may have good reason to…

I Reside In The Buffalo Area & I’m Well Off, But Have A Progressive Disease And Want To Protect My Family And Assets In Retirement

I Reside In The Buffalo Area & I’m Well Off, But Have A Progressive Disease And Want To Protect My Family And Assets In Retirement

I Reside In The Buffalo Area & I’m Well Off, But Have A Progressive Disease And Want To Protect My Family And Assets In Retirement American seniors are healthier than ever, but also live with chronic and progressive diseases that are often well controlled for decades. As you consider retirement, it’s absolutely justified to think…

How Can I Protect My Heirs From Excessive Tax Penalties When They Inherit My Estate In The Buffalo, NY Area?

How Can I Protect My Heirs From Excessive Tax Penalties When They Inherit My Estate In The Buffalo, NY Area?

How Can I Protect My Heirs From Excessive Tax Penalties When They Inherit My Estate In The Buffalo, NY Area? Estate planning is a key component of ensuring that your wealth passes to your loved ones with minimal interference from the IRS. There are as many approaches to estate planning as there estates, but in…

Estate Planning For Couples In The Buffalo, NY Area That Jointly Own All Assets And Accounts

While jointly owning all assets and wealth insures that things stay within the couple should one of you pass away, joint ownership is no substitute for a will or prudent financial planning. For instance, if both of you should die at the same time without a will, you have no control in how your assets…

Are Handwritten Wills That Are Properly Witnessed And Notarized Acceptable In The Buffalo, NY Area?

No, under the laws of the State of New York, a handwritten will (known as a “holographic” will) is only acceptable under very limited circumstances, such as military personnel or support staff who have been deployed during wartime, or mariners at sea. In both of these cases, holographic wills expire after a set period of…

Springing Power Of Attorney For Estate Planning In The Buffalo, NY Area?

Powers of attorney are agreements where a person is empowered to act on your behalf in matters of your estate, insurance, taxation, and other specified tasks. There are two types of power of attorney agreements, immediate powers of attorney and springing powers of attorney. With an immediate power of attorney, you give another person, often…

What Are The Advantages Of Using A Trust Instead Of A Will To Handle My Estate In Buffalo?

Individuals and families in Buffalo are increasingly turning to the use of trusts to secure their estates and futures rather than relying on wills. There are many advantages both to the owners of the trusts and their heirs. First, use of trusts prevents a potentially lengthy probate process or the risk of a contested will…