November is known as the month of giving. The reason for that is shrouded in history and tradition, but that does not diminish the fact. What makes this year different from years past, though, is that it is the first November since Congress enacted massive tax...
Different ways to leave your timeshare
Leaving your lover is a big focus of pop music. Michael Bublé sings "It's a Beautiful Day" now that his lover is gone away. Paul Simon offers that there's no "need to be coy, Roy. Just get yourself free." But what if the loved thing is something only a parent...
Tim Conway’s Dementia Leads To Legal Battles Among Family Members — Don’t Let This Happen To You
The family of Tim Conway--co-star of the Carol Burnett Show--has recently announced that he is suffering from dementia. Progression of the disease is advanced. Conway is no longer able to take care of his own daily needs, and he is largely unresponsive. Now, his wife...
The ‘death tax’ is dead. The need for estate plans remains
This is a midterm election year. Among accomplishments claimed by the Republican Party controlling national government is the passage late last year of major tax reform. As we noted in a previous post, the package contains a great many benefits, not the least of which...
Tax reform’s implications for estate plans
We have noted often over the years that one of the biggest mistakes anyone makes regarding estate planning is failing to keep the living documents up to date. Every time we experience a life change, whether it be a marriage, divorce, death of a child, or some other...
Should married couples create a joint will?
Sometimes, married couples have the expectation to do everything together and share everything together. This idea may pop up as you and your spouse create your estate plans. You may wonder if you only need to have one will or if your separate wills should be...
Trust options for those with disabilities
An estate plan is a common means people use to secure the future of their loved ones. Depending on the size of the estate and the particular needs of the estate holder and beneficiaries, different elements of the plan may be best for the estate.In particular,...
Important factors of a testamentary trust
A proper estate plan can individuals distribute their personal property and assets to the parties of their choosing. There are a few different elements that an estate plan may have, depending upon what the estate includes.In some cases, a testamentary trust may be...
Why you should not procrastinate with your estate plans
When it comes to estate planning, too many people in the Brooklyn area put it off and continue to ignore its importance. You may feel like you have plenty of time to sit down and create your estate plans, but there is no guarantee for tomorrow. A lot of things could...
The importance of a will in the probate process
For those who want to take care of their loved ones even after they are gone, an estate plan can be quite helpful. Proper estate planning usually contains a will.Some may not be aware of how important a will is to the probate process, or they may not...

