Monthly Archives: March 2020
A Special Message to our Clients and Colleagues
With the evolving situation surrounding Coronavirus (COVID-19), Meyer & Spencer, PC is fully committed to the safety and health of our clients, our employees and our community, while ensuring minimal disruption to our work and client service. We hope everyone is safe during this unprecedented time. Our thoughts and prayers are with all those… Read More »
When Does an Estate Have to Pay the Deceased Person’s Debts?
A subject that often comes up in the probate of New York estates is the payment of debts. After all, your death does not automatically extinguish any creditor claims against you. Instead, your creditors may file a claim with the executor or administrator of your estate demanding payment. But there are certain time limits… Read More »
What Are My Options Now that “Stretch” IRAs Are No Longer Allowed?
You have probably read in the news about the “end of the stretch IRA.” You may not know what this refers to, or how it may affect your own retirement and estate planning. Here is a brief overview of what is going on. There is actually no such thing as a “stretch IRA.” It… Read More »
Top Five Reasons to Sign a New York Health Care Proxy
For all you New Yorkers who still do not have a Health Care Proxy, here are the Top Five Reasons you should sign a New York Health Care Proxy: 1. Choose your own agent. By signing a health care proxy, you maintain control over who can make medical decisions in case you can’t make… Read More »