Family Archives - Sverdlov Law PLLC

Why You Need an Elder Law Attorney in New York: 10 Crucial Reasons

Posted on January 31, 2025

As our population ages, the need for specialized legal assistance becomes increasingly apparent. In New York, where the cost of care and complex laws can be overwhelming, an elder law attorney can be an invaluable asset. Here are ten compelling reasons why you or your loved ones might need an elder law...

Who Pays the Bills? Understanding Estate Expenses in New York

Posted on January 17, 2025

In New York State, the expenses of the estate during the administration process are typically paid from the estate's assets, not from the personal funds of the executor or administrator. These expenses include things like: Funeral expenses – Often paid early in the process to settle the decedent's...

Your Right to an Elective Share: A Guide for Disinherited Spouses in New York

Posted on January 10, 2025

In New York State, if a surviving spouse is "disinherited" (i.e., not provided for in a decedent’s will), they have the option to claim an elective share of the decedent's estate. This legal right allows a spouse to receive a portion of the estate, even if the decedent's will does not provide for them....

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...