In past links, I have discussed “Tenancy by the Entirety,” where a deed to a Husband and Wife is presumed to convey the property to each as equal and inseparable joint tenants. That means, one may not convey without the other, and creditors may not partition their interests. Indeed, when…
Articles Posted in Wills, Estates, and Trusts
Title Vesting When a Property Owner Dies Intestate (without a will)
I often get calls from people concerned about deeds to real property when someone dies without a will. When a property owner dies intestate (without a will) the transfer of their real property does not require any action by an administrator or executor. Instead, title to the deceased’s real estate…
Tenancy by the Entirety
(Nyack, New York) I wanted to follow up on my prior blog post about “tenants by the entirety.” As I pointed out in that post, It is interesting to consider what other “ramifications” owning property as tenants by the entirety might have. Given the “undivided” nature of the ownership relationship,…
COVID -19 Response from a Legal and Estate Planning Perspective- Protect your Family.
(Nyack, New York- April 3, 2020) We all hear the horrible, and getting worse, stories of loved ones sick, suddenly finding themselves in the hospital, incapacitated, and no longer in touch with their family members, unable to pay their own bills, manage assets, or even make medical decisions. With the…
What to do with a Lost Original Will in New York.
For most things in life the original is better than its copy. In the context of wills and estate probate, the original is generally required. So, when may the heirs offer a copy of someone’s will to probate in New York? In New York, a copy of the orignal will…
Does the Estate Owe Money in New York– Surrogate Court Bonding.
Surrogate Courts in New York may require a probate bond – also called an “executor bond,” an “administrator bond,” or a “trustee bond” – when an individual is appointed to handle the distribution of a deceased person’s estate. The bond acts as a guarantee that the estate’s debts will be…
New York State Thoughts on Same Sex Couples and the Obstacles to Equal Rights in Parenting.
The New York Times recently ran an article highlighting the myriad of legal obstacles gay couples face in raising a family together. For example, although many states allow a second mother to be listed on a child’s birth certificate, when a same sex married couple travels to a state that…
FB, Linkedin, Social Profiles and death in New York and on the internet.
So maybe your will was drafted a while ago or you are just starting to put together your important papers in anticipation of getting a new will. You’ve considered all the basics: who gets the house, the cash and stocks, and who will take care of your children, but have…
A Decision Heard ‘Round the Legal World—Fischer & Mandell LLP v. Citibank.’
In February 2011, the Court of Appeals for the Second Circuit (including New York) handed down a decision that should have every attorney dotting their “I’s” and crossing their “T’s.” In Fischer & Mandell LLP v. Citibank, 632 F.3d 793 (2d Cir. 2001), the court affirmed summary judgment against a…
Common Problems with Wills, and How To Ensure Yours is Valid in New York State.
Lets face it-once you are gone, you cannot come back and explain what you did in your will and why you did it. The goal is to make a bulletproof will that will save your family heartache, the stress of court proceedings, time, and money. There are certain key points…