In an unusual case, Judge Jeffrey Sunshine, sitting in the Supreme Court Divorce Part in Kings County, had a case before him where a woman sought to set aside a judgment of divorce by her husband after he died. In this case the wife claimed she was not aware of the divorce until after her husband died when she was served with a copy of the divorce … [Read more...]
President Obama Orders the Creation of New Retirement Accounts
On Wednesday, January 29, 2014, President Obama gave his State of the Union address. During the course of his address, he ordered that a new type of employer sponsored saving account be created for the purpose of helping people save for retirement. The President suggested creating this new class of retirement saving account would help middle class … [Read more...]
Foreclosure Action Stopped by Death
Nettie Francis had executed a mortgage. The holder of the mortgage brought a foreclosure lawsuit against her. In May of 2010, the court had declined to sign a proposed judgement of foreclosure and sale. The court took this action because there had not been a submission of an order showing the mandatory residential foreclosure court conference had … [Read more...]
Estate Planning Documents
Will The purpose of a will is to set down the manner and disposition of an individual's assets and his or her estate, at the time of his or her death. A will has no effect during a person's lifetime. It only deals with the disposition of the person's assets at the time of death. The will should be crafted by an experienced estate planning lawyer. … [Read more...]
The Right To Die
There was a recent case in Long Island, New York concerning issues surrounding "the right to die." Sungeon Grace Lee, age 28, decided her life was no longer worth living. She advised her doctors she wanted to end her life by cutting off the life support system keeping her alive. Her parents, who are deeply religious, vehemently opposed their … [Read more...]
No More Golden Years
Retirement is supposed to be the "golden years." Today, the golden years maybe a thing of the past. It is estimated three quarters of Americans facing retirement age have approximately $30,000 in savings. The failure of Americans of retirement age to develop a significant amount of savings may have a long term impact on retirement in United … [Read more...]
Reverse Mortgages
A reverse mortgage is a means by which seniors utilize the equity in their homes. The equity is turned into cash. It can be used to supplement social security, pension payments, and 401K plan withdrawals. In most situations, the proceeds of a reverse mortgage are taken out in a lump sum. Arrangements can be made to have periodic payments over … [Read more...]
Retirement Financial Pitfalls
Planning for retirement is difficult. Today, nest eggs are much smaller than they have been in the past. Many individuals and families plan for retirement at the last minute. This can cause problems. Save And Invest Americans need to save today, not tomorrow. It takes a lot of will power to forego today’s pleasures and have money for the long … [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...]
Garden of Eden Adult Home in Brooklyn is “A Garden Of Hell”
The Garden of Eden Nursing Home is located in Bensonhurst, Brooklyn, New York. The residents of this adult facility have been forced to live in a poorly maintained residence and under unsanitary living conditions. Multiple lawsuits have been brought related to complaints of mistreatment from the residents. The State Health Department has sited the … [Read more...]