At Marcus, Gould & Sussman, LLP, we work with our clients to develop, update and execute estate plans that fit their unique lives and needs. One estate plan does not work for everyone and the plethora of tools available allow people to creatively address even the...
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An overview of parental guardianship
As your parents get older, they may need more and more help. Picking up prescriptions and taking them to the doctor means time away from your job, but you will do anything to help them. Does one of your parents have dementia? Are they both at the point where...
What is a special needs trust?
When planning your estate, you have to make a conscious and deliberate decision about how you leave your assets or funds to beneficiaries in New York. If you have a special needs child or someone under your responsibility, you may want to consider a special needs...
How to choose an executor for your estate
People in New York who are thinking ahead to the future are more than likely engaging in estate planning. Part of this process is choosing an executor and, because of the role this person plays, it is important to put effort and time into making sure to select the...
The importance of having a will at any life stage
If you are young, healthy or both, you might not think you need a will. At the law office of Marcus, Gould & Sussman, LLP, we understand that it is uncomfortable for many New York residents to face the thought of their own mortality. Planning a will or thinking...
What is the debt-to-income ratio?
If you want to buy a new home, then you probably know that you need to make sure your finances are in order. You may save up money to make your down payment, knowing that if you save more, then you will save money on your loan. You may even pay down some debts. What...
Should you hire a real estate attorney?
Property is often in high demand in the New York metro area, and if you want to secure a purchase or a lease, you need to understand and follow all of the guidelines and requirements involved. We at Marcus, Gold & Sussman, LLP know that it can sometimes be a...
3 top tips for Boomers creating an estate plan
Baby boomers are quickly reaching their senior years, which means that it is more important than ever for them to create an estate plan in New York. This generation is different from the generations before it, and Boomers may want to do things a bit differently....
What estate planning mistakes should I avoid?
Having an estate plan in place is a must, no matter how old you are or how many assets you have. However, just having a plan in place is not enough to protect you and your family. It is equally important that you choose the right tools and use them in the correct...
Where should your expectations be during a short sale purchase?
If you are interested in the New York real estate market, there are options abound. Some interested buyers set their sights on short sale homes. The word in the real estate market is that these homes are cheaper than market value and often deliver a great deal to the...