For many, creating a will is the first step in the estate planning process. However, many people are surprised to learn that, even with a will, the distribution of estate property is not always straightforward. In large part, this is due to the New York probate process. A will is a legal document in which…

As many as six out of every ten Americans have no estate planning documents in place in the event of their death. This shocking statistic, based on a Gallup poll of adults ages 18 and up, poses an excellent question, what will happen if you die without a will? Dying without a will or other…

By Sandi Rosenbaum, Littman Krooks LLP Justice Ruth Bader Ginsburg, who died September 18, 2020 and served on the US Supreme Court for 27 years, is best known for her contributions toward dismantling discrimination on the basis of gender, as both an attorney and a jurist.  However, it was her June 1999 majority decision in…

For business owners and professionals, legal liability is a major concern. By creating an asset protection plan, business owners and other professionals can restructure their assets to limit their risk of loss in the event of a lawsuit or other event. An asset protection plan uses legal means to remove assets from the reach of…

By Stephanie Goldstein, Esq., Littman Krooks LLP Community Medicaid is a needs-based government assistance program that provides long-term care benefits to individuals at home. To qualify, an applicant’s resources and income limits must fall below a determinative limit that is adjusted annually. For the year 2020, that limit is $15,750 for available (non-exempt) resources and…

On October 7, 2020, the U.S. Securities and Exchange Commission (the “SEC”) voted to propose a conditional exemption from broker registration requirements for “finders” who assist issuers with raising capital in private markets from accredited investors. If enacted, the exemption would permit individuals to engage in certain limited capital-raising activities for privately held companies and…

Government officials remind schools and vocational rehabilitation centers of their duty to help students with disabilities transition into adulthood. The realities of the COVID-19 pandemic are still setting in for some families who have teenage children with disabilities. While the transition from childhood to adulthood can be difficult for many youths, those living with a…

By Joel Krooks, Esq., Littman Krooks LLP Estate Administration can be a very long and difficult process. It is important to choose the right person as the Executor of your Estate. The Executor is the person responsible for administering your estate. There are five main responsibilities of an Executor (1) Filing for Probate; (2) Marshalling…

By: Amy C. O’Hara, Esq., Littman Krooks LLP COVID-19 has created many issues, including making the elders in our lives feel stressed, isolated, lonely and hopeless. Below are several helpful tips to keep you connected to your loved one and help support them during this time: Set a time each week when you will call and check…

By Marion Walsh, Esq., Littman Krooks LLP Every parent in New York State has the right to home school their child and, given the myriad uncertainties presented in response to the COVID-19 pandemic, districts are formally offering this opportunity to parents of registered students as an alternative to remote or hybrid instruction. The prospect of…