New York’s Transfer-on-Death Deed Law is set to take effect on July 19, 2024. The new law allows New York residents to designate a beneficiary to automatically inherit their real property upon their death, similar to...more
In the ever-increasing digital world, it is important to consider your digital assets when preparing your estate plan. Your digital assets can hold tremendous economic and sentimental value to you and your loved ones, making...more
2/7/2023
/ Capital Assets ,
Cloud Storage ,
Cryptocurrency ,
Digital Assets ,
Estate Planning ,
IRS ,
Non-Fungible Tokens (NFTs) ,
Power of Attorney ,
Subscription Services ,
Succession Planning ,
Trademarks ,
Trusts ,
Wills
Gov. Kathy Hochul recently vetoed a bill that would have drastically changed the notification requirements for trust beneficiaries and fiduciaries. Bill No. S8892, introduced by Sen. James Skoufis (D-39), sought to add a new...more
For disabled persons receiving financially-based government benefits, supplemental needs trusts (“SNTs”) can safeguard benefits and serve as an effective estate planning tool. SNTs allow individuals with disabilities to...more
The choice about whether or not to hire an elder law attorney (or elder care lawyer, as some say) is one that is not to be taken lightly. Unfortunately, it’s a topic that can cause a lot of anxiety both for the aging adult...more
With thousands of different types currently available and explosive growth in popularity and circulation, cryptocurrency is quickly becoming an important part of the modern-day estate plan...more