by Richard Campo | Apr 25, 2018 | Wills
If you have minor children, it is wise to appoint a Guardian for them in your Will if a catastrophic event occurs and they are left without parents. The Court will take your appointment recommendation into consideration in appointing a Guardian for your minor children...
by Richard Campo | Apr 22, 2018 | Wills
New York mandates strict compliance with the provisions of EPTL ยง 3-2.1 in connection with the execution of Wills. Failure to follow formalities could result in the Will not being admitted to probate. This presents a heightened risk to people who try to do their own...
by Richard Campo | Mar 19, 2018 | Wills
Make sure that you have, at a minimum, a provision that permits assets to be managed for the benefit of minors should they inherit under a Will. UTMA or trust provisions are often used. Otherwise, a costly Guardianship in Court may have to be instituted to manage...
by Richard Campo | Mar 12, 2018 | Wills
One easy way to avoid the probate process is to use a Revocable Trust. Among other attributes, they are easy to set up and easy to change. They are private documents in that they generally do not make their way to the public record. A properly drafted Revocable Trust...
