Inheritance on hold? Most Americans don’t understand the time and expense of probate
At Sverdlov Law, we recognize that navigating the legal process following a loved one’s death can be daunting. Many Americans are unaware of the complexities, time, and costs associated with probate.
For a detailed exploration of this topic, we recommend reading the insightful article by USA Today, "Inheritance on...
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Debunking Guardianship Myths in New York: Protecting Your Loved Ones with Facts
In the realm of elder care, special needs planning and legal decision-making, guardianship is a topic often clouded by misconceptions and misunderstandings. For families navigating the complexities of guardianship in New York, separating fact from fiction is crucial to ensuring the well-being and protection of their loved ones. Here, we'll discuss some...
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Step by Step Guide to Becoming a Guardian for Your Loved One in New York
Imagine this scenario: You’re faced with the responsibility of caring for an aging parent who can no longer make decisions on their own. It’s a daunting prospect filled with uncertainty and questions about what steps to take next. In this guide, we’ll walk you through the intricate process of pursuing guardianship in...
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Guardianship or Power of Attorney: What’s Best for Your Loved One?
Life in New York is always on the move, and amid our busy schedules, it’s crucial not to overlook the needs of our aging loved ones. If your parent is showing signs of dementia, you might be wondering whether to seek guardianship or if a Power of Attorney (POA) is still suitable....
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The Trust Conundrum: Exploring Revocable vs. Irrevocable Trusts
This guide explores the differences between revocable and irrevocable trusts under New York State law.
Whether you need one or both depends on your unique circumstances.
Understanding Revocable Trusts
Think of a revocable trust as a flexible tool in estate planning,...
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Jointly Owned Assets: Are You Gambling with Your Legacy?
In New York, many married couples share ownership of assets like real estate, bank accounts, and investments. While this setup offers convenience and shared control, it can also introduce risks that might affect long-term wealth. This blog explores the question: Are you risking your legacy by choosing joint ownership? Let's look at...
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SECTION 8 HOUSING REOPENED
Application Period for Section 8 Housing Reopened for a Limited Time
For the first time in 15 years, the New York City Housing Authority (NYCHA) reopened the waitlist for its Housing Choice Voucher (Section 8) Program on Monday, June 3, 2024, at 12:00 AM. The application will be...
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The Brady Bunch Breaks Down: Estate Fights Tear Stepfamilies Apart
Blended families often face unique challenges, especially when it comes to estate planning. Standard estate plans frequently leave surviving spouses with no legal obligation to stepchildren, leading to disputes and family turmoil.
Click here to read the insightful Wall Street Journal article on navigating the complexities and potential...
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What is a Special Needs Child?
People are frequently asking me - should I do a Supplemental Needs Trust for my child? In order to answer that question, I will need to know more details, of course.
DEFINITION: A “special needs child” is a vague classification, so what does it actually mean? A special needs...
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When Can Someone File For Guardianship?
What people think they know: Frequently people come to me and say: Mom is not being rational, she is refusing to get an aide even though she keeps falling, she is refusing to go to a doctor, she is giving too much $ to charity, I want to get a guardianship and...
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