When a sibling, step-parent or other caregiver takes control of an aging parent's finances and healthcare, it can lead to disputes within the family. An attorney specializing in trust and estates litigation can provide guidance and legal assistance in such situations. They can facilitate mediation to resolve issues amicably, initiate guardianship proceedings if necessary, help in granting Power of Attorney to another sibling, and even start trust or elder law litigation if there's a need. The ultimate goal is to protect the rights and interests of the parents, ensuring their wellbeing and safety.
SCPA 2103 proceedings provide a powerful mechanism for executors and administrators to discover information and recover estate assets. Unfortunately, this provision of the Surrogate's Court Procedure Act is also notorious for being susceptible to abuse, with some parties using it as a means to carry out "fishing expeditions" without a legitimate legal basis. In this article, we will explore the abuse of SCPA 2103 proceedings in New York, the challenges it poses, and the measures being taken to curb such abuse.
Elder abuse is far too common. While Elder abuse can manifest itself in the form of neglect or physical violence, financial abuse is just as prevalent. In today's vlog, we review a case study in financial abuse of a terminally ill man by his second wife who is 30 years his junior. She hatches a plot involving the use of duress, coercion, undue influence and fraud to steal her husband's money and rob his children from a prior marriage of their inheritance. Can she be stopped?
In a case involving a small estate with assets that are easy to liquidate and beneficiaries that get along, probate can be an inconvenient process but relatively painless. When an estate plan is more complex, assets that are harder to liquidate and the beneficiaries are at each other's throats, probate can the legal and financial equivalent to root canal without anesthetic—only worse, since it can go on for years. If you're asking yourself, why is probate so painful? Well, let me provide a general overview of the process and you can decide for yourself if it's something you want your loved ones to go through after you leave this Earth. If you want to avoid probate, there many strategy that can be used to eliminate probate entirely or, at least, minimize the pain associated with probate.