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A charitable trust as an estate planning tool

On behalf of Cohen & Lombardo, P.C. | Jun 27, 2019 | Estate Planning And Probate

Trusts are useful estate planning devices that allow New Yorkers to pass their property to others without the burdens and costs of having it go through probate. While it is often the case that individuals set up trusts to support themselves and their family members,...

Laws surrounding intestate succession in New York

On behalf of Cohen & Lombardo, P.C. | Jun 19, 2019 | Estate Planning And Probate

Intestate succession refers to the process of distributing a decedent’s estate when the decedent does not have a will. As our readers are aware, a will is an important testamentary document that provides guidance on how the assets and property of a...

Establishing a health care power of attorney

On behalf of Cohen & Lombardo, P.C. | Jun 12, 2019 | Estate Planning And Probate

A previous post here discussed the importance of including durable powers of attorney in the estate plans of Buffalo residents. In review, a durable power of attorney gives a named party the right to make financial decisions on the part of another person who is unable...

Why pets should be included in your estate plan

On behalf of Cohen & Lombardo, P.C. | May 16, 2019 | Estate Planning And Probate

When most people sit down with an attorney to write their will, they consider which family heirlooms and other physical objects they’d like to pass on to family members. However, in making plans for minor children, your estate and your assets, it’s...

What should New Yorkers know about the probate process?

On behalf of Cohen & Lombardo, P.C. | Apr 19, 2019 | Estate Planning And Probate

There are many legal concepts that people in New York may have heard of, but that may be somewhat confusing when it comes to understanding the details. One of those concepts is probate. Many people in Buffalo may have heard of this process and may know that it...

Can I write my will myself?

On behalf of Cohen & Lombardo, P.C. | Apr 18, 2019 | Estate Planning And Probate

6 out of 10 Americans don’t have an estate plan. It’s not that they don’t care about how their family will have to handle their estate one day. Most of the time, people just don’t know where to begin the process or how long it will take. Can...

Where should I store my will?

On behalf of Cohen & Lombardo, P.C. | Mar 29, 2019 | Estate Planning And Probate

Since wills that are handwritten or spoken are only allowed in certain extreme situations, you’ll more than likely go through the entire estate planning process with an attorney to procure your will. But, what happens next? Where should a will go to be both...

Single adults in New York should have an estate plan in place

On behalf of Cohen & Lombardo, P.C. | Mar 25, 2019 | Estate Planning And Probate

When a New York resident creates an estate plan, they may do so to ensure that their legal wishes are recorded in the event that they perish before their children are grown. A document like a will may provide guidance on who may take care of a person’s kids if...

Are alternative forms of wills recognized in New York?

On behalf of Cohen & Lombardo, P.C. | Mar 5, 2019 | Estate Planning And Probate

In order to execute a valid will in New York a person must meet certain signatory and witness requirements. These requirements are in place to ensure that the wishes and rights of the testator — that is, the person creating the will — are protected and...

How can New Yorkers benefit from a living trust?

On behalf of Cohen & Lombardo, P.C. | Feb 11, 2019 | Estate Planning And Probate

A living trust is a powerful testamentary tool that can help a Buffalo resident achieve many of their estate planning goals. While this post will address many of the advantages that individuals may derive from using living trusts, readers should note that not all...
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Buffalo, NY 14222

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