To watch today's video blog, please click on the link below: https://youtu.be/D8wNdHwelqI Elliot S. Schlissel drafts wills and trusts and aids his clients in all aspects of estate planning. He and his associates have more than 100 years of combined experience representing clients. He can be reached for consultation at 516-561-6645, … [Read more...]
Preparing a Will in New York
A simple will can be a very basic estate planning document. However the preparation and execution of a simple will in the State of New York requires very specific execution formalities. These execution formalities are so specific and detailed that it is essentially never recommended for a person to prepare and execute a will without the help of … [Read more...]
Probate Issues
An estate proceeding was brought in Queens County, New York before Surrogate Peter Kelly. In this case the executor, the son of the decedent, asked that his mother’s 2012 Will be probated. The sister had objected to the probating of the Will. She alleged in her application before Judge Kelly that her mother lacked testamentary capacity, there was a … [Read more...]
Probate: How Does It Work?
Probate refers to a court supervised system that is set up to insure that wills presented are authentic, not obtained under fraud or duress, and properly prepared and executed. The property inherited through a will is subject to the probate process. There are other types of property that pass outside of a will. These assets are referred to as … [Read more...]
Probating a Will in New York
Proposed Tax Credits
To watch today's video blog, please click on the link below: https://youtu.be/iow5RDn94lQ Elliot S. Schlissel and his associates have been representing clients for more than 45 years in all aspects of estate planning. Elliot and his associates draft wills and trusts, represent clients in guardianship proceedings, and estate litigation. … [Read more...]
Proposed Tax Credit
Steve Israel, a Democrat in the House of Representatives from Huntington, New York, has proposed that children who care for elderly parents should receive a $1,200 tax credit from the federal government. This would apply if the seniors are living on their own, or in an assisted living facility. Representative Israel claims if Congress approves this … [Read more...]
Protecting Beneficiary Rights
A family member of yours has died. You are now wondering whether you are going to inherit from this individual. What do you do to protect your rights? The laws in the State of New York protect the rights of beneficiaries. If the beneficiary's rights are violated he or she can take the appropriate legal action to see to it they receive the … [Read more...]
Guardianship Lawyers
The constitution of the United States provide that all citizens shall be entitled to health, wealth, and happiness, To enjoy health wealth and happiness, individuals must have independence. If an individual loses his or her capacity to make financial and/or medical decisions a guardianship proceeding can be brought to help this individual. However, … [Read more...]
Qualifying for Medicaid
There are specific requirements necessary to qualify for medicaid. These standards deal with the assets a person has and their income. In 2013, the maximum amount of “non-exempt property” a person applying for medicaid could have was $14,550. (This was the standard in New York State.) In addition, there are assets that are considered exempt when … [Read more...]
