Recent Publications - Trusts & Estates
May 18, 2026 |
Qualifications matter. Just as you wouldn’t call an electrician to fix a plumbing problem, you shouldn’t create estate planning documents yourself. Doing so might subject your estate to costly litigation by disgruntled heirs. You might also run the risk that the documents don’t do what you actually want.
Wills and trusts must be executed according
Read MoreMay 18, 2026 |
Patricia Marcin is the author of a monthly guest column appearing in The Suffolk Times and the Riverhead Times Review.
Since you care about your family, it’s important to choose the right people to help them when doing your estate planning. That’s where an executor or trustee comes in.
Although both manage assets and distribute them to beneficiaries, an
Read MoreApril 30, 2026 |
The media is filled with stories of deceased celebrities whose final wishes were either unknown or disputed. An important lesson: You can retain control of your visitation, funeral, and burial (or cremation) plans after death, provided you have a comprehensive estate plan in place. In addition to powers of attorney, health care proxies, and living
Read MoreApril 20, 2026 |
Patricia Marcin is the author of a monthly guest column appearing in The Suffolk Times and the Riverhead Times Review.
I am often asked about the difference between wills and revocable trusts. It’s one of the most common estate planning questions I hear, especially here on the North Fork, where many families are thinking about how to
Read MoreMarch 25, 2026 |
For many, turning 18 is a milestone birthday. They can vote, enter the military, or change their name. They are also able to make their own financial and medical decisions. On a person’s 18th birthday, they become a legally emancipated adult. This is true for a disabled individual, too, making the 18th birthday a potentially
Read MoreMarch 10, 2026 |
If you have children under age 18, you should have trusts for each of them in your will or revocable trust. If minors under 18 years old inherit any assets from you, a guardian of the property (as opposed to a guardian of the person, which you designate in your will) must petition the court
Read MoreFebruary 18, 2026 |
On February 6, 2026, New York Governor Kathy Hochul signed the Medical Aid in Dying Act (MAID), making New York the 13th state to adopt similar legislation along with the District of Columbia. MAID has created a new Article 28-F to the New York Public Health Law, which will be effective August 5, 2026.
What
Read MoreJanuary 26, 2026 |
On December 12, 2025, Governor Hochul signed the New York Electronic Wills Act into law (the “EWA”).[i] Per the terms of the EWA, the legislation takes effect on June 10, 2027 (i.e., 545 days from its enactment), and will be codified as a new Section 3-6.1 et seq. of the New York Estates, Powers and
Read MoreJanuary 20, 2026 |
The federal estate and gift tax exemption changes from year to year, and prior to the passing of the One Big Beautiful Bill (OBBB), there was concern that the high exemption amount would “sunset” and be greatly reduced in 2026. Under the OBBB, the combined federal estate and gift tax exemption amount did not sunset
Read MoreDecember 5, 2025 |
Often, people with long-term medical or cognitive conditions that limit their ability to manage their daily care need in-home assistance. Since home care typically costs between $25 and $35 an hour, without long-term care insurance, home care is unaffordable or financially devastating for many.
Subject to eligibility, New York Community-based Medicaid (Homecare) is a solution.
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