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Guardianship & Real Estate Transfers Key Elements of New York Estate Planning

Estate planning is a critical aspect of securing your familyu2019s future, particularly in New York, where laws governing guardianship and real estate transfers can be complex. Richard Cary Spivack, a seasoned New York estate attorney, emphasizes the importance of understanding these key elements to ensure that your wishes are honored and your loved ones are protected.<br>

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Guardianship & Real Estate Transfers Key Elements of New York Estate Planning

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  1. RICHARD CARY SPIVACK PROBATE LAWYER NY Providing knowledgeable & dedicated Probate, Estate and Guardianship legal services in Queens and New York City for his clients since 1985 has been a hallmark of Richard Cary Spivack’s practice. Planning and managing their assets or defending them against any criminal charges threatening their freedom and their future.

  2. Guardianship & Real Estate Transfers: Key Elements of New York Estate Planning Estate planning is a critical aspect of securing your family’s future, particularly in New York, where laws governing guardianship and real estate transfers can be complex. Richard Cary Spivack, a seasoned New York estate attorney, emphasizes the importance of understanding these key elements to ensure that your wishes are honored and your loved ones are protected. NEXT

  3. 1. Guardianship of the Person This type of guardianship allows the guardian to make decisions about the individual’s personal needs, including healthcare and living arrangements. 2. Guardianship of the Property Types of Guardianship This permits the guardian to manage the financial affairs of the individual, including handling assets, paying bills, and managing investments. 3. Limited Guardianship In some cases, a guardian may be appointed to make specific decisions while the individual retains some level of autonomy. NEXT

  4. The Role of a Probate Attorney • When establishing guardianship, working with a probate attorney is crucial. They can guide you through the legal process, ensuring that all necessary documentation is completed accurately and submitted to the appropriate court. • A probate attorney can help you understand what to expect from a probate attorney, including their role in: • Preparing and filing petitions for guardianship. • Representing clients in court hearings. • Advising on the responsibilities and duties of a guardian.

  5. Real Estate Transfers in Estate Planning Real estate is often one of the most significant assets in an estate. Proper planning for the transfer of real estate can prevent disputes and ensure that your property is handled according to your wishes. Here are key considerations regarding real estate transfers in New York: Types of Real Estate Transfers 1. Transfer on Death Deed: 2. Inter vivos Transfers: 3. Trust Transfers:

  6. The Importance of Proper Documentation • When transferring real estate, it is essential to have the correct legal documentation in place. A probate attorney can assist in: • Drafting deeds and other necessary documents. • Ensuring compliance with New York’s Real Property Transfer Tax (RPTT) requirements. • Advising on tax implications related to the transfer of property. NEXT

  7. The Benefits of a Free Consultation • Many probate attorneys, including Richard Cary Spivack, offer a probate attorney free consultation. This initial meeting allows potential clients to discuss their needs and concerns without financial commitment. During this consultation, you can: • Assess the attorney’s expertise and experience. • Discuss your specific estate planning needs. • Understand the costs involved in the probate process. NEXT

  8. How do I schedule a consultation? Call us at 718-544-1000 or visit our website www.queens-probatelawyer.com Email Us contact@queens-probatelawyer.com Frequently Asked Questions Visit Now 118-21 Queens Boulevard, Suite 504 Forest Hills, NY 11375 NEXT

  9. THANK YOU Thank you for considering our law firm for your legal needs. We look forward to serving you. Contact us at:

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