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Nancy Burner, Esq. discusses the importance of anticipating issues such as divorce when engaging in estate planning.

Britt Burner discusses trust administration, including how to open a trust account, keep records, and make distributions.

The closing is the final step in a real estate sale where the buyer obtains title to the property. The time between an offer鈥檚 acceptance and the closing date鈥攅videnced by a deed from the seller or stock certificate for a cooperative apartment 鈥搃s filled with activity.

A family tree affidavit is an affidavit executed by a disinterested person to prove who a decedent鈥檚 distributees are. To be considered disinterested, the person must have no financial interest in the decedent鈥檚 estate.

There is no such thing as a honeymooner鈥檚 will, but maybe there should be. Once the honeymoon is over, the dress put away, and every conceivable photograph posted to social media, it is time to start considering the legal implications of getting married.

Giving assets away during one鈥檚 lifetime is usually done for two reasons. The first is to reduce the value of one鈥檚 estate to avoid estate taxes at death. The second is to protect assets in the event one needs long-term care covered by Medicaid.

Question: My mother owns her home and is considering putting it into an irrevocable trust. She is concerned that if in the future she wanted to take a Reverse Mortgage on the property, she would not be able because the house is owned by a trust, is that correct?

Most veterans are not aware of the wide range of benefits they may be entitled to under the United States Department of Veterans Affairs even if they did not directly retire from the military or suffer injuries in the line of duty.

Important changes to the Community Medicaid program in New York State were enacted in 2020. Not all of the changes have been immediate and the fate of others remains uncertain.

In general, when a person dies in New York, that person鈥檚 Last Will & Testament must be probated in Surrogate鈥檚 Court so that an Executor can be appointed to legally distribute assets. If there is no Will, an administration proceeding will be required and an administrator will be appointed to distribute the decedent鈥檚 assets according to New York State intestacy law.