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New York Estate Planning & Elder Law Blog

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4 Critical Estate Planning Actions to Take While You’re Still Healthy

No one likes thinking about what will happen when their health begins to decline or what that person’s loved ones will do following their death. Failure to engage in adequate planning now can leave your loved ones in an undesirable situation and can also greatly increase the chances that these…

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3 Facts about Navigating Elder Abuse during  the Covid-19 Pandemic 

The covid-19 pandemic has disrupted many aspects of our lives. One of the most overlooked aspects of how the pandemic has altered our lives is the pandemic has led to increased reports of elder abuse and mistreatment. Despite the Centers for Medicare & Medicaid Services’ guidelines to provide appropriate care,…

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3 Facts about Estate Planning Challenges After Mayberry

In the 2020 case, In the Estate of Mayberry, a Texas court ruled that the common-law wife of a deceased individual who died interstate lacked standing to remove the deceased’s daughter as an independent administrator.    The court’s ruling was based on the perspective that the deceased’s daughter was not…

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3 Estate Planning Lessons from Prince

The estate planning dispute that occurred following Prince’s death in 2016 has arisen again after the Internal Revenue Service determined that Prince’s estate is worth approximately $163 million or twice what Prince’s estate representatives reported on his estate tax return. This difference resulted in approximately $39 million of penalties and…

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3 Details to Remember about Signing Estate Plans Remotely

The coronavirus pandemic has substantially altered the way that we engage in business. There are, however, ways to sign estate planning documents remotely without needing to be in close proximity to anyone.    To better prepare you for navigating the estate planning process remotely, this article reviews some important details…

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5 Tips on Navigating Elder Law – Estate Planning After a Divorce

Adequate estate planning is a critical part of the divorce process, but it is frequently overlooked because people are worried about navigating many other aspects of the divorce process.    Careful attention should be paid to the complex issues that arise when handling estate plans where a divorce action is…

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3 Things to Remember About How Adoptions Impacts Estate Planning

Many families in New York, as well as the rest of the country, are considered “blended”, which means that many families bring children from previous relationships into new relationships or marriages. Whether or not a family is blended can end up influencing how families should structure estate plans to achieve…

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3 Tips on Estate Planning During a New Presidential Administration

Recent and substantial changes in the country’s executive and legislative branches have many people curious about how the estate and gifts tax will be impacted as well as when such changes will occur. During his campaign, President Biden pledged to cancel many tax policies implemented by President Trump.    Most…

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3 Critical Things to Remember about New York Holographic Wills

In the recent case, In the Estate of Hohmann, a person passed away without leaving an executed will. The deceased man’s caretaker, however, found a handwritten document where the deceased man stated his wishes for his assets. The deceased’s cousin later applied to probate the handwritten document like a written will.…

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