From the category archives:

Trust and Estates

NY Wills — Why you need one and the Role of an Executor

A will is one of the basic doc­u­ments that you will need for your estate plan­ning. If you die with­out a will, New York State Intes­tacy laws will dic­tate the how your estate shall be dis­trib­uted in addi­tion to the method of mak­ing such a dis­tri­b­u­tion.   This can have dra­matic con­se­quences. A will allows […]

NY Estate Planning Legal Issues– Planning For Incapacity

As we move on in life, there is an increased pos­si­bil­ity that you may become inca­pac­i­tated for some time.   This issue often becomes a prob­lem for fam­ily mem­bers when con­fronted with con­tin­u­ing life-support and mak­ing impor­tant finan­cial deci­sions. With a durable power of attor­ney, a liv­ing will and a durable power of attor­ney for health […]

Read the full article →

Why you Should Purchase the Assets of a Company Rather than the Stock

One of the prob­lems that you may encounter when buy­ing a busi­ness in New York is under­stand­ing how to struc­ture the pur­chase.  Basi­cally, there are two ways that you can buy a com­pany: Asset Pur­chase; Stock Pur­chase. In most cases, you will be bet­ter off pur­chas­ing the assets. There are three big ben­e­fits to buying […]

Read the full article →

New York Questionnaire for the Administration of an Estate

Once a fam­ily mem­ber or friend dies, the admin­is­tra­tion process of the estate begins.  Here are some basic ques­tions that should be answered before going to your attorney’s office: Pro­vide the date of the will and check to see if there are any cod­i­cils to the will. What state was the will drafted? The names and […]

Read the full article →