When drafting your will, you will appoint an executor. This party will ensure your wishes are fulfilled in addition to other duties. So, should you tell someone you named them as your will executor? Yes, you should consider doing so. Here is why you should tell them:...
Polizzotto & Polizzotto Blog
Should your estate planning lawyer have a financial background?
Once you decide it’s time to create an estate plan or update your old one, you need someone with the training and experience to help implement your ideas. While all estate planning attorneys must have the appropriate education and a license, that isn’t all you should...
What happens if you fail a naturalization test?
For a lot of immigrants to the United States, their journey from their old homeland to this one isn’t complete until they become a naturalized citizen. To do that, however, an immigrant has to show that they meet certain criteria, and their application for citizenship...
Can you use your will to distribute your life insurance?
Most of your assets are probably going to be distributed through a will. You could also use a trust, a payable-on-death (POD) account or something of this nature. But most people will simply write out a will specifying how they want their assets to be distributed. As...
Why conduct a title search as a buyer?
You’ve been looking for a new home for some time now and something has finally caught your eye. After several viewings, you are now contemplating making an offer. It’s easy to get carried away when looking for a new home, but it’s important to carry out due diligence...
What applicants should know about I-601 waivers
For many, a fast path to US citizenship results from an illegal crossing and subsequent marriage with a legal citizen. Due to hardship reasons, deportation mostly does not occur. However, an I-601 application may represent a path to remain in the United States. I-601...
Do immigrants need to master English to become citizens?
The process of becoming a citizen after legally entering the United States is a lengthy one. It can take people years to meet the criteria for naturalization. Even when someone has been in the country for long enough and has avoided criminal charges that might affect...
Are home prices dropping?
Over the last few years, home prices have seen an incredible surge. Values skyrocketed. Many people found that their homes were worth two or three times what they had paid for them. And, despite these high prices, the market seemed to move quickly, and there were a...
Income Tax Filing Options for Married Couples with an Immigrant Spouse
If you are a United States citizen (or a resident alien) and are married to a non-citizen, who cannot otherwise qualify as a resident alien under either the Substantial Presence Test or the Green Card Test (as explained at the IRS link directly below), then you have...
3 ways to handle the family home in a divorce
The family home is often one of the most valuable and emotionally significant assets a couple can have – and it’s also the source of a lot of conflicts in a divorce. When it comes to the family home, there are several paths you can take. Here are three common options...