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When Should You Decline an Inheritance?
Most of us think of an inheritance as a good thing—something you would never dream of turning down. But believe it or not, there are times when saying “no, thanks” to an inheritance actually makes sense.
Choosing whether to make gifts during life versus after death depends on your goals and circumstances.
As our lives become more connected to technology, planning for digital property has become just as important as planning for tangible assets.
The probate process can be lengthy, especially when a complex family tree is involved. Thankfully, the Surrogate’s Court provides a simplified alternative for “small estates,” through a process called Voluntary Administration.
Minors cannot be left assets outright in New York. Minor beneficiaries must inherit in trust. If a minor inherits outright, a guardian must be appointed by the Surrogate's Court.
Many people think that once they sign a will or a trust, all of their assets will follow those instructions. The truth is that certain accounts do not go by what your will says.
Without a succession plan, a business owner’s family and/or co-owners are forced to make quick and stressful decisions. Having a procedure in place is invaluable.
MOLST forms and DNRs should be a topic of discussion when considering your advance directives, but it’s crucial to note that they are not legal documents.
While some Medicaid programs do allow recipients to own a primary residence, it is crucial to plan to protect your home.
As a legal adult, no other person, including your parents, can make health care decisions or manage money for you without the right legal documents in place.
An ABLE account is one solution of many for individuals eligible for government benefits looking to protect their benefits and preserve assets.
In The Media
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Nancy Burner, Esq., 2016 Big Apple Entrepreneur Award Winner
The Big Apple Entrepreneur Network & Manhattan magazine announce Nancy Burner, Esq. as one of the inaugural winners of the 2016 BIG APPLE ENTREPRENEUR AWARDS.
May 18, 2016 -
Debunking The Myth: How Gender Equality Benefits Everyone….Suffolk Women’s Bar Hosts Dynamic Panel To Discuss The New Workplace On Long Island, 2016
The Suffolk County Women’s Bar Association will host a first of its kind interactive dinner meeting, keynoted by MICHAEL KIMMEL, PhD, Founder and Director of the Center for Men and Masculine Studies, Author, Lecturer, Distinguished Professor of Sociology Stony Brook University, discussing changing the paradigm for work and family.
March 4, 2016 -
De-Clutter Your Life!
This past Tuesday, October 27th 2015, over 35 of our clients joined us for the “Retired Senior Volunteer Program” (RSVP) presentation on De-Cluttering your life. RSVP’s mission is to provide diverse volunteer opportunities for people 55 and older.
October 30, 2015 -
Nancy Burner & Associates, P.C. Attorneys Named to the 2015 New York Super Lawyers list
We are pleased to announce that Nancy Burner, Esq. has been selected to the 2015 New York Super Lawyers list for an eighth year. Additionally, Britt Burner, Esq. and Robin Daleo Burner, Esq. have been honored as Super Lawyers Rising Stars.
October 21, 2015 -
Nancy Burner has been named by “New York Super Lawyers” magazine as one of the top attorneys in the State of New York for 2013
Nancy Burner has been named by New York Super Lawyers magazine as one of the top attorneys in the state of New York for 2013. Only five percent of the lawyers in the state are named by Super Lawyers.
February 21, 2014
Our Blog
We’re proud to share that our Partner, Hon. Gail Prudenti, has written a featured column for Long Island Business News titled “Understanding New York’s Court of Claims.”
In the landmark case of Connelly v. United States, the Supreme Court addressed critical issues concerning the estate tax implications of life insurance proceeds used in the redemption of stock in closely held corporations.
Our criminal courts protect victims. Our civil courts provide a forum for the peaceful resolution of disputes. Our family and surrogate’s courts guide families through what may be the most traumatic experience of their lives.
As we reflect on the complexities of family law, let us work together to support our justices, understanding the weight of their responsibilities and the importance of their decisions.
The Medicaid Asset Protection Trust (“MAPT”) is alive and well in the Elder law practitioner’s toolbox and is the best option for protecting real property.
The federal government and the marketplace are undergoing revolutionary changes that will inevitably transform the business of law and operation of courts. The question arising from the uncertainty is, how so?
