Planning for your future and that of your loved ones is crucial. Estate planning documents can help you state your wishes should you die or become incapacitated. However, to enjoy the benefits of estate planning, you need to make the right moves. The following are...
Polizzotto & Polizzotto Blog
3 personal choices people can address in their living wills
A living will is one of the most important advanced medical directives that adults in New York can add to their estate plans. Often used in conjunction with healthcare proxy paperwork and powers of attorney, a living will specifically discusses an individual's...
Should you inform your executor about the appointment?
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:...
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...