If you have children or grandchildren under 18- A LOT At one time, the most famous actor in the U.S., Jackie Coogan expected to receive his riches upon reaching adulthood. Instead, he learned that his high-living parents had spent every cent! Outraged legislators across the country scrambled to enact laws to keep parents away from
James Brown’s nearly 15-year long estate battle has ended in a settlement. The estate plan utterly failed to anticipate foreseeable family battle lines. Sadly, a simple will rarely begets a simple outcome. When it comes to estate planning: One Size Does Not fit All!
Its High School Graduation season! Though probably not on your favorite 18 year old’s wish list, what they really need are some legal documents. Once a child turns 18, parents can no longer automatically make their health care decisions. All 18 year olds need to create a Health Care Proxy. Newly minted adults also need
Love May be Lovelier- but it is also a Whole Lot More Complicated the Second Time Around Ben Affleck and Jennifer Lopez appear to be giving Love another try. They are not alone. Record numbers of us spent some lockdown time searching for and connecting with old flames online. With our lockdown partners showing the
Q . Why does Melinda Gates have Trusts and Estates Attorneys on her Divorce Legal Team? A. Because she is smart! When relationships change, so should our estate and asset protection planning. Here’s why: 1. We should ask our soon to be Ex to make trusts for the benefit of adult children, to ensure that
One of the most reported on aspects of the Bill and Melinda Gates Divorce announcement, is that the couple did NOT have a PreNup. At the time of their marriage in 1994, PreNups were VERY uncommon. Today, that is changing. Should you consider a PreNup? The answer is probably yes! TEST YOUR Pre-Nup IQ 1.
It seems that television legend, Larry King, who reportedly left a $50Million estate when he died last month, handwrote his own will. Q. LK was survived by 3 children and his estranged 7th wife. Who stands to inherit this fortune? A. The 2019 handwritten will sought to leave everything, in equal shares to Kingâ€™s children.
US jobless claims topped 40million in June. 30% of Americans have missed their June housing payment, a record number of student loans are in default. Financial strains can expected to increase later this month when the federal unemployment benefits of $600 are scheduled to expire. Against this backdrop, only ONE thing is certain: YOU WILL
Click to see our latest client review March 17, 2020 213-38 40 Ave Bayside, N.Y. 11361 Dear Ann, On Friday, March 13, 2020, my wife Eileen and I met with you at your Port Jefferson office for a periodic review of our Family Trust and Power of Attorney documents. Additionally, we updated our financial status,
The Governorâ€™s â€˜Medicaid Redesign Teamâ€™ recently proposed eliminating spousal refusal. What would this mean for NY seniors? The term Spousal Refusal sounds mean-spirited. Should an individual be allowed to legally walk away from his or her spouseâ€™s long term care bills? In many cases, I believe the answer is yes. Hereâ€™s why: Long Term Care