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...]
Accounting Proceedings
The individual in charge of gathering the assets in an estate, trust or a will is called a fiduciary. Fiduciaries have administrative duties to see to it estates, wills and trusts are handled appropriately. They have a special responsibility for dealing honestly and responsibly with the estate assets. They often are responsible for collecting, … [Read more...]
Will Requirements
There are a number of requirements necessary to write what is referred to as a self proving will. I. You must be of sound mind to write a will. You must understand what you are putting into the will. You must know you are writing a will. You must understand who your next of kin are and what your assets are. You must be 18 years … [Read more...]
Woman Dies As A Recluse With No Children
To view today's blog video, please click on the link below: https://youtu.be/Il__tbS9m7g Elliot S. Schlissel is a member of National Academy of Elder Law Attorneys. He can be reached at 516-561-6645, 718-350-2802 or by email to schlissel.law@att.net. … [Read more...]
Wife Seeks to Set Aside Judgment of Divorce After Her Husband Dies
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...]
