Relationships and Money: Learning to Get Along

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If fighting about money has become a ritual in your household, you are not alone.  Money is a leading cause of tension between couples.  Before it goes too far, realize that you both have control of the situation.  These steps can help you…

Power to Your Little People

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Growing up in a large family, my basic financial needs were always taken care of but as for the extras — it was like a bakery:  “Take a number and get in line.”  It annoyed me and, at times, it embarrassed me when a friend had the latest…

Making Your Own Luck

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“What’s your goal?” My husband’s question was simple, but I didn’t know if I should bother to share my complete answer, because it seemed unreasonable. We hadn’t started our family yet, which was a goal of ours. But I wondered if…

State of the Real Estate Market 5 Years After

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Five years after the bubble burst there have been many articles written and news commentators questioning if Americans, the government and financial institutions have learned any lessons from the Great Recession.  They ask where we are on the…

New Interest Rates on Federal Student Loans--Again

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On August 9, President Obama signed the Bipartisan Student Loan Certainty Act of 2013, which changes the formula for determining federal student loan interest rates. The law comes after months of partisan bickering and uncertainty in the student…

Whitney Houston’s Estate Plan Illustrates Use of Testamentary Trust

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The Elder Law Minute TM Whitney Houston’s Estate Plan Illustrates Use of Testamentary Trust   By Ronald A. Fatoullah and Debby Rosenfeld   Whitney Houston's tragic death provides an example of how a trust that goes into effect upon death…

When to Appoint A Monitor For Your Power of Attorney

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  The Elder Law Minute TM     When to Appoint A Monitor For Your Power of Attorney       By Ronald A. Fatoullah Esq. and Debby Rosenfeld Esq.   The new power of attorney law in New York has been in effect since September 2009…

Trust Protector - Another Level of Security Over Your Estate

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Elder Law Minute TM Trust Protector - Another Level of Security Over Your Estate   By Ronald A. Fatoullah, Esq. and Yan Lian Kuang-Maoga, Esq.                 Many of us are familiar with trusts and may already be using a trust…

The ABC’s of Will Drafting

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                                     Elder Law Minute TM   The ABC’s of Will Drafting By Ronald A. Fatoullah, Esq. and Stacey Meshnick, Esq.   Many clients are often confused as to the meaning of “probate”. Probate…