Five Benefits of a Testamentary Trust You Should Consider

A testamentary trust can be an exceptionally useful tool for many people trying to plan their estates. However, it is not necessarily appropriate for everyone, and you should consider the benefits carefully, with the guidance of an experienced attorney, to see if it works for you. Here are five benefits of a testamentary trust you should consider:

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“Good Cause” Eviction Bills See Resistance From Landlords

Landlords in New York have issued objections about proposed “good cause” eviction bills that they believe would endanger their ability to make money renting out their properties. These bills, which have been circulating in the New York State Assembly, would significantly restrict landlords’ ability to evict tenants, as well as potentially limit the extent to which landlords could increase rents. Tenant advocates, meanwhile, are pushing for the bills in the face of what they consider to be abusive practices by landlords.

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What Happens if You Do Not Have Advance Directives in Place?

Advance directives are an important part of any estate plan, but not everyone has them in place for their future. As a result, they may not be ready for a potential circumstances that could arise requiring their loved ones scrambling to deal with the situations over which no one has control or authority.

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Five Signs of a Constructive Eviction to Watch Out For

A “constructive eviction” is the legal term used when someone is forced out of their rented property due to conditions on or in the property making the property unlivable or due to the conditions you have to leave your home and live elsewhere. A constructive eviction is illegal, and a tenant might not be held responsible for unpaid rent during a period where they have been constructively evicted if a judge finds that a constructive eviction occurred. Here are five signs of a constructive eviction you should watch out for:

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NYC Landlords Apply for Short-Term Rental “Prohibited Buildings” List

Around 1,500 landlords in New York City have applied for a new “prohibited buildings” list, that would allow them to exclude tenants from participating in short-term rental businesses like Airbnb. Landlords who successfully apply for this list, which became open on March 6, would be able to pass on fines from illegal short-term rentals to the tenants that host them. This is meant to help crack down on the growing trend of tenants renting out their apartments in Airbnbs, which some say has contributed to the issue of a lack of affordable housing.

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Five Important Facts About Becoming a Guardian

Obtaining guardianship for a loved one is a dramatic and unpleasant occasion, but it is often an essential step towards protecting a person and ensuring they receive the assistance they need. Unfortunately, many people become guardians without understanding the responsibilities that entails. Here are five things you need to know about becoming a guardian:

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Five Things You Need to Know About Appointing a Trustee

For many people, a trust is an integral part of their estate plan.  An essential part of creating a trust is appointing the right Trustee. The Trustee is responsible for ensuring that the purpose of the trust and its terms are carried out. The Trustee is also responsible for ensuring that the trust assets are managed appropriately. Here are five things you should know about appointing a Trustee:

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Rollout of Medicaid Homecare Lookback Rule Delayed Until 2024

According to a recent announcement from the New York State Department of Health, the implementation of a Medicaid homecare “lookback” rule has been delayed until at least March 31, 2024. This delay means that people who might have been ineligible for Medicaid homecare benefits due to the lookback rule may now be able to obtain those benefits. However, anyone intending to apply for Medicaid to cover their homecare costs should begin planning now, to avoid potential legal issues when the rule is finally implemented.

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New Alzheimer’s Drug Shows Promising Results in Testing

In a recent set of clinical trials announced by the Alzheimer’s Association, it was found that a new drug showed great promise in reducing the cognitive decline caused by Alzheimer’s disease. This drug, Lecanemab, has supposedly shown excellent results in treating the underlying causes of Alzheimer’s, and could potentially help people with the disease to live longer and healthier lives. However, more testing still needs to be performed to ensure the drug is safe and effective for public use.

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What Do You Do in the Event of a Constructive Eviction?

A surprising number of people who are currently renting an apartment do not know that they have a legal right to safe and comfortable living conditions. When someone is forced out of their apartment due to poor conditions, it is known as a “constructive” eviction. But what does a constructive eviction look like in practical terms, and what should you do if it happens to you?

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Testimonials

“I want to take this time to thank Tanya and Keith for their professionalism and their ability to keep me calm during this process. Tanya was very helpful in explaining the whole guardianship process and my next steps. Despite my numerous emails, I never felt ignored or that they were growing weary of me. Even after being granted guardianship when I had an issue with the bank releasing money Tanya stayed calm and found a way to get what I was entitled to. I hope I never need to do this again but if I do, I will definitely come back to Tanya and her team. Thank you Thank you Thank you. Love from Bermuda.”

-K. Durham.
(An attorney in Bermuda transferring a Bermudian guardianship to NY)

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