Foreign Trusts – An Advanced Estate Planning Tool
Advantages of a Foreign Trust No one chooses to become a judgment debtor. But risks are rising just about everywhere you go today. The privilege of being a landlord for example, is to enjoy a financial...
View ArticleNavigating An Estate Plan During The Age of Coronavirus
Navigating An Estate Plan During The Age of Coronavirus As the dark cloud of the Covid-19 pandemic is gathering over New York, many still lack proper estate planning tools. The rapid spread of the...
View ArticleSpendthrift Trusts for Children
Spendthrift Trusts for Children: Everything You Need To Know In a straightforward estate plan, parents tend to leave assets to their children outright and in equal shares. An outright distribution...
View ArticleWhy Asset Protection Planning is Better in the Bahamas
Why Is Asset Protection Planning is Better in the Bahamas? Asset protection is a viable strategy to today’s “court-happy” society. Consider the following example: Mike Bloom is an oncologist with an...
View ArticleShould I sign a Waiver and Consent form?
Should you sign a Waiver and Consent form? The most frequently asked question in estate practice is whether someone should sign a Waiver of Process Consent to Probate form, or in the alternative, the...
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5 Ways To Find Out If Someone Has A Will
5 Ways To Find Out If Someone Has A Will What Are The Five Ways To Find Out If Someone Left a Will Behind? The search to determine whether someone had a will begins with the death of a loved one....
View ArticleChallenging a Will in New York State
Challenging a Will in New York State or NYC Challenging a will in New York State or New York City is not a simple task. The right to contest a will is not an inherent power available to just anyone....
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How to get Letters Testamentary in NY
How to get Letters Testamentary in NY The Process in Acquiring The Letters Testamentary in NY You might have received notice from the Office of the New York State Comptroller Unclaimed Funds about an...
View ArticleAn Executor Stole from an Estate. Now What?
What to do when an executor steals from the estate? The suspicion that an executor may be stealing from an estate is a common grievance from heirs and beneficiaries. The problem lies in the fact that...
View ArticleHow Long Does Probate Last?
How long does probate take in New York City? Clients often ask me “Kamilla, how long does probate take?” This can be a hard question to answer, especially nowadays. Covid 19 has significantly...
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