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When to Start a NYC Guardianship Proceeding

When to Start a NYC Guardianship Proceeding Often times we find ourselves wondering whether the time is right to start a NYC guardianship proceeding. The below sets forth a few instances that should raise red flags and should get you thinking about filing. No “Advance...

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Opening a Safe Deposit Box After Death

Opening a Safe Deposit Box After Death Banks often seal safe deposit boxes following the death of an owner (or co-owner). Pursuant to SCPA 2003, An "interested party" (e.g., spouse, beneficiary, fiduciary) may access the box for certain purposes, (e.g.: inspection of...

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PROBATE vs. NON PROBATE ASSETS

PROBATE vs. NON PROBATE ASSETS People often confuse probate vs. non-probate and taxable vs. non taxable assets. Probate assets are those that do not have a beneficiary designation. They are assets that were either not capable of being held jointly or were not held...

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Executor’s Roles, Duties, and Powers

Executor Responsibilities, Roles, Duties, and Powers Deborah’s father, Abe, died a resident of Brooklyn in March 2018.  He was survived by his three children, Susan, Deborah, and Greg.  Abe had executed his Last Will and Testament and named Deborah as his Executor,...

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NYC Beginners Guide to Trusts

This guide will help beginners in NYC understand what a trust is, how it differs from a will, and whether you should have one as part of your estate plan. What is a trust? A trust is a contract. It is a legal document that creates a relationship between the creator...

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Guide to Guardianship in NYC

What is Guardianship in New York City? In New York, Guardianship is the relationship between an incapacitated person and a fiduciary, who assists the incapacitated person with various activities that the incapacitated person is unable to perform completely on his/her...

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My Relative’s Apartment was Sealed at Death. How can I Unseal it?

There are a number of circumstances where the police will seal an apartment after the death of a family member or close friend. The police will most often seal the apartment when the death is reported to them in order to preserve assets and evidence. You do not want...

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Probate – Letters of Administration C.T.A.

Jack died last week in Brooklyn, New York. His cousin, Maria, found his Last Will and Testament while searching for details about his cemetery plot. The Will left a portion of Jack’s estate to Maria and named Maria’s mother, Jennifer, as Jack’s executor. Jennifer had...

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Probate Will Tips For New York City

Are you looking for some practice points on submitting a Will for Probate? If so, here a few:  Read the Will. Make a list of the people or organizations who inherit under the Will. Write down their names and addresses. You will need their contact information for...

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Distributing per _______?

Ever look at a Will or Trust and see the words "per stirpes"? Ever been asked to prove your relationship to a decedent (more formally known as kinship) and be told that distributions are "by representation"? Ever see the word "per capita"?   What the heck does it all...

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Do you have a living will?

At its core, the estate planning process helps people plan for unforeseeable life events. While we all know we won't live forever, there are many unknowns associated with how old we will live to be, our physical and mental health and our living situation. These types...

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