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Whenever I begin to draft a last will and testament, I pay special attention to the strict rules that must be followed so the Surrogate’s Court can recognize it. Failing to adhere to these formalities can prevent the will from being admitted to probate. As a result, it will be considered invalid by the court. […]

Estate planning is something many people have heard about but don’t completely understand. It’s more than just drafting a will. There are additional ways to protect your estate and give you more flexibility with your assets. Setting up a trust is one of them. Here, the accomplished New York estate planning attorneys at Chaves Perlowitz

Not everyone has a trust. Some don’t even know what a trust is or how it works. Others think that trusts are one of those planning tools only utilized by the wealthy. But virtually everyone holds a checking or savings account at some point in their life, and not many people know that they could

The ‘good cause eviction’ bill (S2892) recently took a major step towards making its way to NYC. On July 19, 2021, the Albany Common Council approved legislation which aimed at protecting tenants from large rent increases as well as curbing a landlord’s ability to legally evict tenants. Aptly named ‘good cause eviction’ due to the

You may have heard the term “estate tax” (colloquially known as the “death tax”) thrown around. It’s a hot-button political topic that seems to crop up every so often, typically on the federal level, usually with proposals from members of Congress to either decrease the exemption or eliminate it outright. Many states even have their

The main difference between these two fiduciaries is the way how they will become the representatives of an estate and how they might carry out such responsibility. An executor is a person who is appointed in a Will by the testator and who will be responsible for representing the estate after the testator passes away