Refer to our regularly updated blog to learn about a variety of family law and asset protection issues in New York, as well as concerns related to elder law and bankruptcy. We provide these posts to help prospective clients better understand their legal options so they can make informed decisions about how to best proceed with their case. If you would like to discuss your issue further, contact our office to schedule a consultation with attorney Theodore Alatsas.
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Most of us know that we should be saving for retirement. However, very few of us know how much money we will need. If the thought of saving over one million dollars seems incredibly daunting, don’t worry. You are not alone. -
In a last will and testament, you express your wishes regarding your dependents and how your property will be distributed upon your death. Many Americans feel they do not have enough assets to deem a will necessary, but unless you are destitute, you probably own a lot more than you think. -
As reported by caring.com, and despite the COVID-19 pandemic, the overall percentage of older Americans without a will remains unchanged. Dying without a will can cause logistic problems, becoming financially and emotionally draining on the loved ones you have left behind. -
Here's How Probate is Defined Probate proceedings seek to validate the decedent’s last will and retitle the estate’s assets into the name of heirs according to the deceased’s wishes. -
Aging Parents and Estate Planning Once you begin the conversation, move away from the pandemic as your introductory technique as you do not want to create a sense of panic or fear. -
What's So Important About a Living Will? So why is a living will important? It reduces ambiguity which can prevent family disputes during what is already a difficult time. -
Here's How to Avoid Common Beneficiary Mistakes Existing policies for life insurance, IRA, or an old 401(k) may still list your ex-spouse as the beneficiary. -
Talking to Your Parents About Estate Planning The first time our estate plans are likely to come into play will be near the end of our lives and involve decisions concerning our health and finances. -
Uncertainty Surrounding the Outcome of US Tax Legislation Proposals Creating a strategic estate plan will take time and a great estate planning attorney who understands you, your business interests, and your family relationships. -
Probate is the legal process for authenticating a deceased person's will. In the absence of a will, the court will appoint a state administrator to handle probate. Probate law varies by state, but there are steps in the process that are common. -
The Only Way to Unload This Obligation is to Get Rid of the Timeshare If you are caught in this dilemma, act promptly. You should pay the resort’s demands while contesting them, sending a protest letter along with payments. -
Who is in Charge of Settling an Estate When a Will is Not Present? Once probate is underway, the named executor will take the necessary steps to complete probate and notify beneficiaries named in the will.