Estate Planning

Naming someone in your Will to Care for Your Minor Children

by Fred Abramson

Naming someone in your Will to Care for Your Minor Children

Like you, I have chil­dren under the age of 18.  You prob­a­bly con­cerned with what would hap­pen if you and your spouse die at the same time. What would hap­pen to your chil­dren if there is a ter­ri­ble car acci­dent? If you are a sin­gle par­ent and the other par­ent is dead or can­not be found, you may also worry about what would hap­pen to you chil­dren if you were to die.

If you die intes­tate, or with­out a will, the court will appoint a \“per­sonal guardian\” if there are no par­ents who can be respon­si­ble for your children\‘s care. If you have a will, you can appoint a per­son be your child\‘s per­sonal guardian and also a suc­ces­sor guardian who would be respon­si­ble as a backup guardian.

The court has final author­ity to appoint a legal guardian for your chil­dren even if you name a guardian in your will. Gen­er­ally, the  court will con­sent to your wishes if it is not opposed by any­one unless there are rea­sons to do so.  For exam­ple, if the guardian you appoint is a reg­is­tered child offender or a drug addict.

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Naming someone in your Will to Care for Your Minor Children

Estate Planning

by Fred Abramson

Estate PlanningYou under­stand that you need an estate plan. But like many of your friends, you\‘ve been pro­cras­ti­nat­ing because estate plan­ning is unpleas­ant to think about. I am here to help. I will tell you every­thing that you need to con­sider when set­ting up your estate.  I will pre­pare all of your estate doc­u­ments for you,  which include at least a will, health care proxy, liv­ing trust and a durable power of attor­ney.  The sooner you get your estate plan com­pleted, the quicker you will feel cer­tain that the peo­ple who you love will be pro­vided for.

Estate plan­ning is sim­ply the process of dis­pos­ing all of your assets after you die.  Who needs to think about it?

Once you begin your estate plan­ning, you will understand:

  • Why you need a will;
  • The advan­tages of hav­ing a liv­ing trust;
  • The pro­bate process and why you want to steer clear of it;
  • How to pro­tect and pro­vide for your children;
  • Why you prob­a­bly don\‘t have to worry about estate taxes;
  • Why you need a retire­ment plan.

Estate plan­ning is a great thing to do for your fam­ily.  Con­grat­u­la­tions on even think­ing about it.

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Estate Planning

New York Business Law and Civil Litigation

by Fred Abramson

In my world, suc­cess is when you fur­ther your  inter­ests. It’s as sim­ple as that.

Since 1997 I have advised small busi­ness own­ers about what they must know  before enter­ing into a con­tract so that they could limit their risk of fac­ing costly civil lit­i­ga­tion and bad press.  As a com­pany lawyer,  I tell busi­nesses own­ers and peo­ple what they should do if they have been sued.

I have suc­cess­fully rep­re­sented a range of New York com­pa­nies, from non-profits to exec­u­tive search firms, along with many peo­ple. I have lec­tured about busi­ness law for many dif­fer­ent groups, includ­ing  con­tin­u­ing legal edu­ca­tion classes for lawyers.

Take the first step. Con­tact me to get your New York Busi­ness Law and Civil Lit­i­ga­tion ques­tions answered by an expe­ri­enced lawyer with a deep under­stand­ing of the prob­lems you’re facing.

When you’re ready to take the next step you can begin the process online. If you’d like to sched­ule a free, no-obligation con­sul­ta­tion in my office you can call 24 hours a day, 7 days a week at 212–233-0666 or fill out the con­tact form below.

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