To watch today's video blog, please click on the link below: https://youtu.be/SsAzKSway8I Elliot S. Schlissel is a member of the National Academy of Elder Law Attorneys. Elliot and his associates have more than 100 years of combined legal experience representing clients with regard to all aspects of wills, trusts, and estate matters. … [Read more...]
Estate Planning
Who needs estate planning? Probably you do! Estate planning does not relate to an individual’s net worth. The purpose of an estate plan is to see to it that your financial goals and the financial goals of your family can be met even after you die. There are several elements of an estate plan. A will, a power or attorney, a living will and a … [Read more...]
Guardian Allowed To Help His Ward Prepare A Will
Justice Alexander W. Hunter sitting in the Supreme Court, Bronx County recently had an unusual case presented to him. A daughter brought a proceeding in a guardianship. She requested the court take action to prevent a court appointed guardian from retaining an attorney to draft and execute a new Last Will and Testament for her father. She took … [Read more...]
Estate Planning Problems: Computer Codes
Computers codes are the new frontier concerning Estate Planning issues. Should a senior become disabled, uncommunicative or die, access to his or her online accounts are creating major estate planning problems. Without the password to an online account it is virtually impossible to get into the account. Yahoo and Google will only provide passwords … [Read more...]
Why You Need A Living Will
End of life issues are difficult to face. Everyone that lives will eventually die. If you want to make your own choices as to how you're cared for, should you become gravely ill, it is important that you have a Living Will. A Living Will is an advance directive that explains to your loved ones and your physicians what type of life prolonging … [Read more...]
What Wills Can’t Do
There are many very important uses for wills. However, there are things for which wills were not designed and cannot accomplish. The following are a list of things that can NOT be dealt with in a will: 1. If you own assets in a "joint tenancy" with another individual, or a "tenancy by the entirety" (a marital estate), you cannot dispose of … [Read more...]
Who Needs a Will? You Do!
Do you have assets? Do you own a house? Have you been married more than once? Do you have children from more than one relationship? Are you concerned about what happens after your death to your spouse and/or your children? Are you single? All of the above individuals need a Will. Estate contests often develop between children from the first … [Read more...]
Challenging an Invalid Will
Pursuant to EPTL § 3-2.1, a Will can only be probated if it conforms to the following requirements, among others: Will must be signed at the end and initialed on every page in front of the witnesses. The Will must be signed in the presence of at least 2 witnesses (Some states require 3) The witnesses must also sign an attestation … [Read more...]
Who Needs to Write a Will? – Video
This is the first post in a series of short videos by New York attorney Elliot S. Schlissel, Esq, providing basic information about important aspects of Estate Planning. This informational video is entitled, "Who Needs a Will." Mr. Schlissel's is a leading Elder Law and Wills Trusts and Estates attorney in the 5 Boroughs of New York, Nassau and … [Read more...]
