Assets with a survivorship, beneficiary, trust, or contractual designation—think joint bank accounts, TOD securities, life-insurance proceeds—skip Surrogate’s Court. Skipping probate can speed transfers, cut legal […]
Assets That Pass Outside Probate in New York Read More »
Creditors generally have seven (7) months from the date Letters Testamentary or Letters of Administration are issued to present their claims (SCPA § 1802) against
How Long do Creditors Have to file a Claim against an Estate? Read More »
When New York revamped its estate-tax law in 2014 it kept one very sharp feature: the “cliff.” In 2025 the basic exclusion is $7.16 million
New York Estate Tax Cliff Read More »
OBBA Estate Planning now, more than ever, involves use of disclaimer (credit shelter) trusts as the Federal Exemption Soars to $15 Million—but New York’s $7.16
OBBA Estate Planning After Independence Day Read More »
Did you know that you can remove an executor of an estate? When a loved one passes away, the last thing anyone wants to deal
Remove an Executor of a NYC Estate Read More »
When planning an estate or entering into a prenuptial or postnuptial agreement, the “Waiver of Right of Election” form is a powerful tool that can
“Waiver of Right of Election” in New York Estate Planning Read More »
When most people picture “estate planning,” they imagine Last Will & Testaments or Revocable Trusts. Yet for many families the bulk of wealth—retirement accounts, life-insurance
Beneficiary Designations in NY Estate Planning Read More »
Quick Snapshot Lasts Only at Death Avoids Probate Offers Lifetime Control Stays Private Will ✔︎ ✘ ✘ ✘ (court filing) Revocable Living Trust ✘ (operates
Will vs. Trust In New York? Read More »
You can use Guardianship Turnover Proceedings to Recover Assets for Incapacitated New Yorkers 1. What Is a Guardianship Turnover Proceeding? Mental Hygiene Law (“MHL”) §
Guardianship Turnover Proceedings Under MHL § 81.43 Read More »
This post aims to provide a road map for How to Obtain Guardianship of a Parent with Dementia in New York. Dementia can slowly erode
Guardianship of a Parent with Dementia in New York Read More »
