Blog - Page 2 of 25 - Sverdlov Law PLLC

Jointly Owned Assets: Are You Gambling with Your Legacy?

Posted on June 11, 2024

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...

SECTION 8 HOUSING REOPENED

Posted on June 5, 2024

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...

The Brady Bunch Breaks Down: Estate Fights Tear Stepfamilies Apart

Posted on June 2, 2024

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...

What is a Special Needs Child?

Posted on May 23, 2024

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...

When Can Someone File For Guardianship?

Posted on May 10, 2024

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...

Difference in Estate Tax Exemption between U.S. Citizens and Foreigners

Posted on April 30, 2024

Most people - whether they need it or not - ask us about minimizing estate taxes. Estate tax for US resident: Estate tax is the taxation of property held by an individual at the time of their death. Estate tax is not always owed, instead it is only imposed if an...

Are You Obligated To Leave Equal Inheritance To All Of Your Children?

Posted on February 1, 2024

Ever wondered if you're obligated to leave an equal inheritance to all your children? In this video, we at Sverdlov Law reveal that, contrary to common belief, you have the freedom to decide how your estate is distributed. From estranged relationships to financial disparities among children, we explore scenarios where an unequal...

Removing a Bad Executor and Taking Control: Your Legal Rights and Options

Posted on October 23, 2023

Do you think that the Executor of an Estate is doing a bad job? Do you want to remove a Trustee from a Trust? It's not as easy as you think. Estate management can be riddled with challenges, particularly when conflicts arise between beneficiaries and Executors. In this video, we'll discuss some essential points for removing...

The Big Mistakes People Make in Medicare – and How to Avoid Them

Posted on October 16, 2023

Choosing the right Medicare coverage can be tricky, and it's easy to fall into costly traps that limit your healthcare options. This article highlights the hidden dangers seniors often encounter and offers advice on how to sidestep them. Click Here to read this article by The Wall Street Journal...

3 Estate Planning Considerations for Real Estate Owners in New York

Posted on October 12, 2023

Keep your estate plan for real estate assets up-to-date. As life and laws change, strategic planning is crucial. Watch our video on Estate Planning for Real Estate owners or for those who prefer to read this information, you can find the full script below. To learn more, contact us at...