The FARE Act 2024: What NYC Landlords Need to Know
The FARE Act 2024: What NYC Landlords Need to Know By Barry Janay for The Law Office of Barry E. Janay, P.C. The Fairness in Apartment Rental Expenses (FARE) Act, passed by the New York City Council on November 13, 2024, is set to reshape the rental landscape in one of the world’s most competitive […]
Navigating Will Contests in New York: Strategies for Practitioners and Litigants
Navigating Will Contests in New York: Strategies for Practitioners and Litigants By Andrew Zeitz, Esq. Will contests can be complex and emotionally charged legal battles. Understanding the nuances of New York’s probate litigation process is crucial for both attorneys and individuals involved in disputed wills. This article explores key strategies and considerations for navigating will […]
Lost a Will? : How Our Legal Team Can Help You Find Solutions Fast
Lost Your Will? Don’t Lose Hope! Have you misplaced your loved one’s will? Don’t panic! While it may seem like a disaster, a lost will isn’t the end of the world. At The Law Office of Barry E. Janay, P.C., we’re here to guide you through this tricky situation with ease and expertise. The Silver […]
Estate Planning for Inheriting from Overseas Relatives: A Guide for New York and New Jersey Residents
Estate Planning for Inheriting from Overseas Relatives: A Guide for New York and New Jersey Residents Inheriting assets from relatives living overseas, particularly in Europe, can be a complex process for residents of New York and New Jersey. This guide outlines key considerations and strategies to ensure a smooth transition of wealth while minimizing legal […]
Beneficial Ownership Information Access: What You Need to Know
FinCEN’s Final Rule on Beneficial Ownership Information Access: What You Need to Know The Financial Crimes Enforcement Network (FinCEN) has issued a crucial final rule implementing the access and safeguard provisions of the Corporate Transparency Act (CTA). This rule, known as the “Access Rule,” outlines how beneficial ownership information (BOI) can be disclosed to authorized recipients […]
Understanding the Medicaid Look-Back Period in NY and NJ: A Simple Guide
Understanding the Medicaid Look-Back Period in NY and NJ: A Simple Guide The Medicaid look-back period is a crucial concept in both New York and New Jersey for individuals seeking Medicaid coverage for long-term care, particularly nursing home care. Here’s a simple explanation of how it works in both states: New York In New York, […]
Understanding Declarations of Trust: Protecting Property Interests
Understanding Declarations of Trust: Protecting Property Interests A declaration of trust is a crucial legal document that safeguards the financial interests of multiple property owners. This powerful tool clarifies ownership percentages, outlines financial contributions, and establishes guidelines for potential future scenarios, effectively preventing disputes and ensuring fair treatment for all parties involved. Key Components of […]
Understanding Disposition of Remains and Intestate Succession in New York
Understanding Disposition of Remains and Intestate Succession in New York By Rachel Walker, Esq. When a loved one passes away in New York, families often face two important legal matters: the disposition of remains and intestate succession. While these concepts might sound complex, understanding them is crucial for proper planning and peace of mind. Let’s […]
Pooled trust option for seniors in both New York and New Jersey
Pooled trust option for seniors in both New York and New Jersey Pooled trusts are an important asset protection tool for seniors in both New York and New Jersey, particularly for those seeking to qualify for Medicaid while preserving their income and assets. Here’s an explanation of how pooled trusts work in these states: New […]
New Jersey’s Abolition of the Rule Against Perpetuities Benefits Your Estate Plan: Unlocking Generational Wealth
New Jersey’s Abolition of the Rule Against Perpetuities Benefits Your Estate Plan When New Jersey repealed the Rule Against Perpetuities in 1999, it ushered in a new era of estate planning opportunities. This legislative change allows families to preserve wealth across multiple generations through flexible and powerful tools like dynasty trusts. At The Law Office […]