Firm News
Updates to the rental laws that you need to know
On Behalf of Marcus, Gould & Sussman, LLP | Mar 30, 2020 | Firm News |
New York made some changes to its landlord/tenant laws recently, which will greatly affect landlords. These laws cover everything from application fees to evictions. If you are a landlord in the state, it is essential that you understand the rules and updates.
According to The New York Times, the changes in the rental laws allowed the state to offer more protections to renters. At the same time, this creates more difficulties for landlords in certain situations.
Trusts for blended families
On Behalf of Marcus, Gould & Sussman, LLP | Mar 30, 2020 | Firm News |
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 most complex situations in the ways they truly want. For people getting married for the second or subsequent time, estate planning takes on some new twists.
An overview of parental guardianship
On Behalf of Marcus, Gould & Sussman, LLP | Mar 19, 2020 | Firm News |
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 they cannot take care of themselves? Maybe it is time to think about getting them the help they need by becoming their guardian.
Types of guardianships
A guardian is a person or organization appointed by the court to oversee the legal rights of a person.
What is a special needs trust?
On Behalf of Marcus, Gould & Sussman, LLP | Mar 19, 2020 | Firm News |
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 trust. This can be a protection for those who may qualify for government assistance.
CNBC explains that a special needs trust provides supplemental coverage for needs that SSI or Medicaid cannot cover.
How to choose an executor for your estate
On Behalf of Marcus, Gould & Sussman, LLP | Mar 13, 2020 | Firm News |
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 right one.
According to Forbes, an executor of an estate takes over upon the death of the owner of the estate.
The importance of having a will at any life stage
On Behalf of Marcus, Gould & Sussman, LLP | Mar 12, 2020 | Firm News |
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 about creating an advance directive may be one of the last things on your mind. However, this simple form of estate planning is vital.
FindLaw points out that there are many reasons to have a will as soon as you reach adulthood.
What is the debt-to-income ratio?
On Behalf of Marcus, Gould & Sussman, LLP | Feb 6, 2020 | Firm News |
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.
Should you hire a real estate attorney?
On Behalf of Marcus, Gould & Sussman, LLP | Feb 4, 2020 | Firm News |
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 challenge to keep up with all of the required forms and transactions.
3 top tips for Boomers creating an estate plan
On Behalf of Marcus, Gould & Sussman, LLP | Jan 17, 2020 | Firm News |
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. However, there are still some important basic concepts that they need to know.
Country Living Magazine explains that if you are a Boomer, then you must make sure that your estate plan adequately relays your wishes.
What estate planning mistakes should I avoid?
On Behalf of Marcus, Gould & Sussman, LLP | Jan 1, 2020 | Firm News |
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 manner to ensure you are protected. U.S. News & World Report explains how you can avoid common estate planning mistakes.
Trusts are a great estate planning tool.
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