For many reasons, an individual may have to move from one state to another. Whether it’s due to employment opportunities or family, you may want to review your estate plan prepared under the laws of the state you left. If…
Musician, songwriter, and poet Lou Reed relied on a last will and testament, which he signed sometime in April 2012. It was a 34-page will, and all the details were made public as follows: There were two co-executors of Reed's…
At Russo Law Group, you are not just a client, you are family! Did you know that as a client of our firm, you can give an immediate family member a Family Plan Coupon? Our goal is to forge a bond…
What can an agent in a power of attorney do? That entirely depends on the authority granted in the actual document. In New York, you can use a statutory form of Power of Attorney to allow your agent to handle…
Although the time and effort involved will vary with the size of the estate and the family dynamic, being named the executor of a deceased individual’s estate is a thankless job that can be time-consuming and complicated. An executor is…
What exactly should you include in your estate plan? Every estate plan (whether simple or complex) should start with a Durable General Power of Attorney. This document allows you to name agents to handle your financial and legal matters whose…
Did you know that young adults are more likely to have a Last Will and Testament? According to a wills and estate planning survey conducted by Caring.com, 18- to 34-year-olds are more likely to have a will than 35- to…
A critical component to all estate plans is that an individual needs five must-have estate plan documents. The 5 must-have estate planning legal documents consist of: Durable Power of Attorney Health Care Proxy Living Will (Health Care Declaration) Authorization for…
COVID-19 has forced many of us to confront a scenario in which we are wondering what would happen if we suddenly became critically ill or, in some instances, unexpectedly and suddenly passed away. These scenarios may trigger a person to…
The COVID-19 Pandemic is a wake-up call for everyone to implement an estate plan, if you do not already have one, or to review your existing estate plan. As a result of the global health crisis, it is critical for…