On behalf of Voelkl Law PC | Jan 21, 2021 | Estate Administration & Probate
Sometimes, heirs of a decedent may wish to contest the probate of a will. This usually occurs when heirs would be entitled to more of a decedent’s assets if there were no will than the actual will bequeaths them. Individuals in New York and other jurisdictions...
On behalf of Voelkl Law PC | Dec 14, 2020 | Estate Administration & Probate
New York residents die intestate when they pass away without leaving behind a last will and testament. In these situations, state law determines how their assets will be distributed. Before this happens, a person must be appointed to administer the estate. This is...
On behalf of Voelkl Law PC | Nov 7, 2020 | Estate Administration & Probate
Wealthy people in New York State need to be aware of the ways that tax laws can impact their assets. In 2016, the Tax Cuts and Jobs Act made it possible for high net worth people leave up to $10 million to people other than their spouses with no tax impacts. This...
On behalf of Voelkl Law PC | Sep 25, 2020 | Estate Administration & Probate
If your parent wishes to allow a friend to live in their house after they die while still leaving their New York property to you, there are three ways that this can play out. Encourage your parent to think carefully about their estate plan and recommend that they see...
On behalf of Voelkl Law PC | Sep 1, 2020 | Estate Administration & Probate
The executor of your New York estate is responsible for opening a probate case if you have assets that need to be probated. If your executor refuses to begin probate, he or she may be relieved of these duties. This is because failing to do so is likely in violation of...
On behalf of Voelkl Law PC | Aug 29, 2020 | Estate Administration & Probate
Choosing the executor for your New York estate is a critical piece of estate planning. You want to make sure that you have selected trustworthy individuals to handle your affairs at the time of your passing. What is an executor? Estate planning involves the...
On behalf of Voelkl Law PC | Jul 20, 2020 | Estate Administration & Probate
New Yorkers who are looking for a way to maximize their family’s assets while minimizing what they pay in taxes may want to speak with a financial planner or an estate planning attorney. Before consulting a professional, you can start reading up on some options...
On behalf of Voelkl Law PC | Jul 13, 2020 | Estate Administration & Probate
It can take months or years for a probate case in New York or elsewhere to come to an end. Therefore, the possibility exists that a beneficiary will pass before he or she is able to receive any property. What happens to items that were intended for a deceased...
On behalf of Voelkl Law PC | Jun 3, 2020 | Estate Administration & Probate
If you are a beneficiary of a New York estate, you likely want to know who can challenge the will when it goes through the probate process. You probably already know that you cannot instantly receive the estate property. However, you may not be aware that anyone who...
On behalf of Voelkl Law PC | Apr 28, 2020 | Estate Administration & Probate
Guns can be very personal. Often, a gun owner will pass down a treasured hunting rifle or other firearm through generations. New York State has specific laws that address the inheritance of guns, and decedents, executors and beneficiaries must follow them to ensure...
