May 13, 2014 | Estate Planning, FAQ, Video
A healthcare proxy is a document that appoints a living person to make medical decisions for you in the event you are unable to make your own decisions. These decisions include what doctor treats you, which hospital you go to, what and how aggressive your treatment...May 13, 2014 | Estate Planning, FAQ, Video
If someone dies without a will in New York, they might not need a will. A will only affects assets held by the deceased alone. If they died with all of their assets jointly held by another person, the assets would fall to the joint owner. However, if there were assets...May 13, 2014 | FAQ, Video
Probate in New York is simpler than in other states, such as Florida or California, which go by the Uniform Probate Code. New York and some other states go by Common Law Probate, which results in a simpler, shorter process. Probate is the process of submitting an...May 13, 2014 | Estate Planning, FAQ, Video
There are many types of trusts. Revocable trusts can be changed or amended at any time. Irrevocable trusts cannot be changed. Inter-vivos trusts are created during your lifetime. Testamentary trusts are included in your last will and testament, but do not take effect...May 13, 2014 | Estate Planning, FAQ, Video
Estate administration is a process where there is no will, but the person has assets in their name alone with no place to go. This is unlike when there is a named beneficiary or a clear heir to the inheritance. At Makofsky Law Group, P.C., the experienced Long Island...May 13, 2014 | Estate Planning, FAQ, Video
The probate process involves submitting the petition to the court with waivers signed by the distributees. If everything is in order, executors are typically appointed within a few weeks. However, this is dependent on the nature of the assets and how much time is...
