Posts

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Do gifts and personal property affect basic exclusion estate tax in New York for 2021?

New York – January 29, 2021  The basic exclusion amount for New York State estate tax for dates of death on or after January 1, 2021, and before January 1, 2022, is $5,930,000, which is an increase from last year’s $5,850,000. Estate…
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New York Estate planning in 2021 to avoid probate disputes and administrative hiccups.

New York – December 28, 2020 New York probate and estate planning matters can be complex, even with the assistance of an experienced probate attorney whose services guide individuals through case-specific facets of the state and federal…
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Inheritance tax and New York probate actions that include property in a different state.

December 15, 2020 Inheritance and estate taxes apply to estate assets that are passed on to another person upon the death of the owner of those assets, but they are different.  New York State estate tax basic exclusion amount for deaths…
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How does Assembly Bill A5630A affect estate and probate actions in New York?

New York – December 7, 2020 New York probate and estate planning matters can be complex without the assistance of an experienced probate attorney who can guide individuals through every facet of the applicable laws.  In December, Governor…
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Complications of inheritance rules may arise for unmarried partners in New York State.

New York - November 30, 2020 Probate is the process of proving that a will is valid. In New York probate, a will is proved to the satisfaction of the court that it is the Last Will and Testament of the person who died. Once the Judge in New…
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How does a guardianship affect New York probate actions?

New York – November 28, 2020 New York probate can be complex without the assistance of an experienced probate attorney, specifically when individuals die without first preparing a last will, as well as those who died with a will document…
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Probate courts have authority over distributing a deceased person’s estate

Fort Pierce, FL - After someone passes away, their family will try to honor their wishes by having their will go through a process called probate. This procedure can formally review the document and sort through the person’s estate, but there…

Preemptive estate planning allows for smooth probate actions in New York Surrogate Courts.  

New York - November 15, 2020 In recent years, the services of mediators may prove beneficial for the estate planning process and may deter claims of legal malpractice, or litigation between family members during probate administration. …