New York Estate Planning. The basic estate planning documents that most New Yorkers need are: a will , to leave your assets and name your executor a durable power of attorney for finances, to name someone to take care of your finances if it’s ever necessary a living will (in New York, called a document directing health care ),
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Shane Mahar Residential Real Estate Broker from Albany, New York. I’m from Albany and personally have a 2 fam in the "Student Rental Area" as well as managing a few properties and being a Realtor. There happen to be 5 colleges that bookend this one section that mostly contains 2 and 3 family homes.
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Similarly to many locations through New York State, it is currently relatively inexpensive to purchase Buffalo Real Estate. Statistics indicate that, on average, as of March 2010, Buffalo property was selling for around $70,000. Large homes can range significantly in price.
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Even fewer people probably know what property may pass through a will. And these are just some of the most basic estate planning issues that New Yorkers may encounter. Although the process can be complicated, New Yorkers should plan for what will happen to their property and assets.
The experienced, knowledgeable attorneys at Tully Rinckey PLLC answer your questions regarding Estate Planning and Elder Law.
Paul Comeau is a Trusts Attorney in Buffalo, NY. Click Paul’s profile to discover their Avvo Rating, write a review, and read professional endorsements.