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Estate Planning Attorney

Problems That Can Arise If A New York Will Is Not Properly Executed

Numerous problems can arise if a New York Last Will and Testament is not properly executed. This is one of the reasons why it is so important to have an experienced estate planning attorney draft and oversee the signing of a Will. If one is only interested in having the attorney prepare a Will, the Read on…

Is My Estate Plan Valid If I Move To Another State?

There are many life changes that occur during one’s existence, not the least of which is moving to another location. Quite often, for job placement or family reasons, the move is to another state. Along with this move comes the inevitable question of whether one’s will and other various estate planning documents are valid in Read on…

Three Reasons Why You Should Set Up Advanced Health Care Directives With An Attorney

Setting up advanced health care directives to deal with end-of-life treatment can be one of the more difficult steps to take in your estate planning portfolio. Nonetheless, whether it concerns palliative care or if you will be under anesthesia and will need these directives in place, it is important you have an attorney set up Read on…

Can I Create A Power Of Attorney Using A Free Tool Online Or Should I Use An Attorney?

The creation of a Power of Attorney document is a critical document that can have far reaching consequences as it can convey very broad powers, and if not used properly, can lead to problems. Having an experienced estate planning attorney assist with the preparation of this important document is crucial. While it may be tempting Read on…

When Does A Power Of Attorney Take Effect And How Long Does It Last?

The effective date by which a New York Power of Attorney takes effect will be a direct consequence of the type of document that is executed. A vast majority of clients sign what is known as a Durable Power of Attorney. A durable power of attorney takes effect immediately upon due and proper execution by Read on…

I Want To Switch Estate Planning Attorneys. What Do I Need To Know About The Process?

If you decide to switch estate planning attorneys, it is important that you know what your individual or family goals are. Some people seek an estate planning attorney to give advice and strategy to reduce possible estate and gift tax liability. This is one such purpose for switching to an experienced estate planning attorney. Another Read on…

Is Estate Planning Expensive?

As with most legal questions, the issue as to the expense of estate planning is not a simple one to answer. There are many components to estate planning and they are largely dependent upon the client’s needs and wishes, as well as the nature of their assets and how they are held. At the very Read on…

I’m In My 30’s and Married, What Type of Estate Planning Is Appropriate?

There are various estate planning strategies that are appropriate for a person in their 30s who is recently married. The most basic of estate planning strategies is to have you and your spouse execute a Last Will and Testament. These are fundamentally the most important estate planning documents that one can have because they set Read on…

How Much Cash Can Be Gifted to a Family Member Annually?

It is important to note that an individual can gift up to $14,000.00 annually to a family member, or to as many family members or friends as they wish without incurring any gift tax liability. This annual exclusion amount of $14,000.00 is valid for 2014, and can be $28,000.00 for a married couple should they Read on…

What Are Three Common Estate Planning Mistakes People Make?

There are certain estate planning mistakes people make that can cost one a significant amount of money. Here are three common mistakes to avoid: Mistake #1 The most common estate planning mistake to avoid is failing to plan at all on the event you pass away. When you die intestate (without a will), the state Read on…