Articles Posted in Jeffrey Weinstein

Do you need an attorney for a living will?
The Law Office of Jeffrey L. Weinstein

You can make a living will without a lawyer’s help. Most states have designed their health care forms, called Living Wills and Health Care Proxies in New York, with the specific intention you will complete them yourself. Usually, you’ll need to consult a health care professional or an attorney only if there is something about…

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Dying in debt
The Law Office of Jeffrey L. Weinstein

Pretty much everyone dies with some amount of debt, Mostly it’s run-of-the-mill bills. But there can be some debt that can shock heirs, especially if they didn’t know about it. Creditors need to be paid so the question is, so does all debt need to be settled? The short answer is: that depends. Your liability…

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Tops to close 10 underperfoming NY State stores
The Law Office of Jeffrey L. Weinstein

This past May a NYC bankruptcy judge gave the bankruptcy beleagured Tops Supermarket chain permission to close 10 of its underperforming stores in New York State, but the chain refused to say which stores would be shuttered. This past August that changed. The following are the ten stores that will be closing. 2120 West Genesee…

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A giant problem: Chinese don’t have wills
The Law Office of Jeffrey L. Weinstein

The world’s most populous nation, China has the second-largest economy and one of the highest savings rates and mushrooming wealth. Yet virtually no one has a will, and that’s a big problem. The first generation, thirty years after China embarked on a course that allowed individuals to accumulate wealth, is statring to die. This dieoff…

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Ways to prevent elder abuse
The Law Office of Jeffrey L. Weinstein

The second man to walk on the moon, 88-year-old 88 Buzz Aldrin is fighting his two youngest children who he claims are colluding with his former manager Christina Korp to seize control of his estate by alleging that he has dementia. He sued the trio in a Florida court in June. Korp and the Aldrin…

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The curious case of the homeless millionaire
The Law Office of Jeffrey L. Weinstein

Colorado’s probate courts have been mired in controversy for years. Two state audits in the last eleven years have found screening and monitoring of guardians and conservators as lacking. There have also been instances of neglect, theft, fraud and a general lack of accountability. Attempts to reform, the system has been moving at a glacial…

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Inheritance laws in New York
The Law Office of Jeffrey L. Weinstein

New York is one of 12 states that tax estates of decedents people who owned property in the state. Now besides that, there are other things you need to know when estate planning. New York doesn’t charge inheritance tax, but the estate tax comes with one big provision. Though December 31st of this year there…

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Funerals for the rich
The Law Office of Jeffrey L. Weinstein

A crypt beneath New York’s Basilica of St. Patrick’s Old Cathedral is available for $7 million. This isn’t just any crypt, It’s one of the last full-body burial spots in Manhattan and can hold nine caskets and 10 cremated remains. And at least three prominent NYC families have already inquired about it. Today, funerals are…

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Avoid estate planning mistakes like Aretha
The Law Office of Jeffrey L. Weinstein

Aretha Franklin may have been the Queen of Soul, but she made gigantic estate planning mistakes that you should avoid. Franklin, who was divorced, died without a will or a trust despite having four grown children, one of whom has special needs. If you follow in her footsteps could mean your loved ones won’t receive…

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Medicare being hit by fraud
The Law Office of Jeffrey L. Weinstein

Medicare is in danger. Each year, roughly 10 cents of every dollar budgeted for Medicare program is stolen or misdirected before it helps anybody. Looked at another way, about $1,000 is lost per Medicare member through theft or waste each year. That is according to the federal government. But it could be far worse. Harvard…

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