Blog - Page 13 of 25 - Sverdlov Law PLLC

Was your aunt unduly influenced by her neighbor when she transferred her house to him?

Posted on March 6, 2018

Issue of undue influence comes up often in the context of contested probate proceedings. A relative dies, and when the heirs start going through the estate of the dearly beloved, it turns out that there is not much left. Apparently 3 months before her death the aunt transferred her $2MM Manhattan apartment to...

How to Talk to an Aging Unsafe Driver

Posted on February 26, 2018

Driving is one of the most sensitive topics for caregivers of elderly. Driving is all about independence and it is one of the most emotional things for a senior to give up. Furthermore, it is hard to get around most of US without a car. So giving up your driving will almost always...

Spell the name of the Witness to Your Will

Posted on February 15, 2018

In New York, every Will must be witnessed by at least two witnesses. When the Will gets probated in Surrogate Court, the names of the Witnesses must be listed on the Probate Petition. Therefore, the Executor of the Will has a real problem when the signatures of the Witnesses are illegible and no...

Revising Your Will Based on Changes in Law and Changes in Facts

Posted on February 6, 2018

It is important to revisit your documents at least once every 5 years. As the tax law changes constantly, the documents created in the past may no longer be the most efficient ones. As your family situation changes, your Will may become completely outdated.Changes in LawIn the past, estate tax threshold used to...

Planning for a Childless Couple

Posted on January 23, 2018

There are different motivations for living child-free. Some couples focus on careers, travel or hobbies. Others see children as a burdensome financial obligation. Yet others are unable to have children. Regardless of reasons, planning for a childless couple may be somewhat different than for a couple with children (no need for guardians for...

Simple Steps You Can Take Now to Protect Your Assets

Posted on January 11, 2018

As discussed in the previous article, there are very few of your assets that are protected from creditors in the event of a lawsuit. There are some simple steps that you can take to address your asset’s vulnerability to attacks by creditors. Buy insurance. You should have a liability...

What Assets are Protected from Creditors?

Posted on January 3, 2018

Regardless of the President that is sitting in the Oval Office, the litigious nature of our society is not going to change. There are many instances in which a client can be sued, including but not limited to: injuring someone in a car accident, being sued for malpractice, involvement in a business dispute, or...

Second Marriages: Causes of Family Strife!

Posted on December 14, 2017

When spouses divorce, there are often children left from first marriage. When one of the spouses remarries, he should be very careful that the children from the first marriage do not get disinherited.The second spouse, who is often much younger and less financially secure, may exert pressure on her husband to provide for her...

How to make a statement after you are dead

Posted on November 29, 2017

Most people want to leave a legacy. Yet most people also have no idea how to go about doing it. One simple way is through a life insurance policy. Help your immediate family. If you have a family who relies on your income, having a life insurance policy is an absolute must. There...

Planning for a Pet

Posted on November 16, 2017

Animals shelters often see beloved pets suddenly homeless because of the death of their owners and failure to plan properly. And while there may be more people willing to rescue a dog, but what about a horse or a lizard? One way of planning properly for the care of a pet is to leave...