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Establishing a Trust for Estate Planning Purposes

By Meyer & Spencer, P.C. |

The use of trusts to pass on property is generally encouraged as a way to avoid the costly and time consuming probate process. If a person can put together a well thought out estate plan, he or she can pass on most if not all his property through the use of trusts. There are… Read More »

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Estate Planning For Cryptocurrency

By Meyer & Spencer, P.C. |

There has been an increased interest in investing in Bitcoin and other types or cryptocurrencies. Investors in cryptocurrency often have to take steps to ensure that their data is not compromised and their investment stolen in a matter of minutes. The steps the investors take to ensure their investment is safe are also the… Read More »

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Can My Spouse Disinherit Me Under New York Law?

By Meyer & Spencer, P.C. |

In New York, a spouse cannot entirely be disinherited by his or her spouse. Even in situations where a person makes an express provision in a will that his spouse is not to inherit his property, the surviving spouse is allowed to make an elective share of the deceased person’s estate. Note that when… Read More »

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Can My Spouse Disinherit Me Under New York Law?

By Meyer & Spencer, P.C. |

In New York, a spouse cannot entirely be disinherited by his or her spouse. Even in situations where a person makes an express provision in a will that his spouse is not to inherit his property, the surviving spouse is allowed to make an elective share of the deceased person’s estate. Note that when… Read More »

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How Do I Make Changes To Or Revoke My Will In New York?

By Meyer & Spencer, P.C. |

After taking the time to plan your estate and write a will to distribute your assets after your death, you may wish to change the terms of the will or revoke the will completely. There are several ways in which you can revoke your will in New York. Some methods of revocation are more… Read More »

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Totten Trusts

By Meyer & Spencer, P.C. |

One way in which a person can pass on money held in bank accounts or brokerage accounts to his heirs is through the use of Totten trusts, also referred to as payable upon death accounts. A Totten trust is created when a person who owns a bank account names a beneficiary who will receive… Read More »

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Executing A Will In New York

By Meyer & Spencer, P.C. |

There are different types of wills that a person can use in order to leave his assets to his heirs. The type of will a person chooses has to be legally valid in order to ensure that it will be honored when the person passes away. While New York allows the use of written… Read More »

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What You Need to Know When Purchasing a Property for Your Business

By Meyer & Spencer, P.C. |

Selecting an appropriate property for your business can be challenging. You want to assure that wherever you end up, the property meets the needs of your business. Below are five important things to consider. Zoning Perhaps the most important thing you need to ensure is that the land you are looking at is zoned… Read More »

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What Are the 4 Steps to Probate?

By Meyer & Spencer, P.C. |

Demystifying the Four Steps to Probate If you are dealing with settling an estate, it is imperative that you familiarize yourself with probate. This is the legal process involved in distributing a deceased’s assets. In many cases, the executor of the will is in charge of handling probate. Where there is no will, the… Read More »

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Why Do I Need A Living Will?

By Meyer & Spencer, P.C. |

A living will is a vital legal document that all people need for peace of mind regarding their end of life care. A living will is a document that allows you the patient to direct the physicians, nurses and others who will be involved in your care as to what type of care you… Read More »

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