Family Archives - Sverdlov Law PLLC

Countdown to 2025: 6 Year-End Gift, Estate and Financial Strategies

Posted on December 11, 2024

As we approach the end of 2024, it's crucial to review your estate and tax planning strategies to ensure you're maximizing your financial benefits. Here are some key areas to focus on: 1. Health Savings Account (HSA) If eligible, maximize contributions...

Skip the Politics, Save the Legacy: Your Thanksgiving Conversation Guide with Aging Parents

Posted on November 19, 2024

Turkey? Check. Pumpkin pie? Check. A plan for your family's future? Let's work on that! This Thanksgiving, why not serve up something more substantial than cranberry sauce? We've prepared an easy to use guide to help you navigate those tricky estate planning conversations with your aging...

Wishing you a wonderful end of summer

Posted on August 27, 2024

Dear Clients and Friends PLANNING FOR THE FALL. As we savor the last days of summer and look forward to the cooler days of fall, it's the perfect time to explore the city and enjoy all that the season has to offer. Whether you're planning to catch a

Debunking Guardianship Myths in New York: Protecting Your Loved Ones with Facts

Posted on July 23, 2024

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...

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...

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...