Estate planning important for New Yorkers who own Florida property – Buffalo Business First

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Estate planning involves issues such as wills, trusts, healthcare proxies, guardianship and more. Every state has its own, often complicated, rules – and New York is no exception. We asked Elliot Schlissel, a New York attorney for over 30 years whose practice focuses on estate planning and several other areas of the law, to explain what you need to know about estate planning in New York.

Changing Residency From New York to Florida. First, if you continue to maintain real property in the State of New York, you will still need to file a New York estate tax return and you may owe estate taxes as a result of the ownership, notwithstanding Florida residency. In addition, if you move to Florida, you will lose your STAR exemption,

New York City employers will need to reconsider their drug testing policies. On April 9, 2019, the City Council passed a bill that would prevent most employers from requiring job applicants to submit.

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By planning your estate, you can maximize its value by minimizing taxes and eliminating court costs and interference. Estate planning attorneys also help you control and protect your estate during your lifetime, by writing documents that allow you to transfer property and money to children, charities, or others in a way you desire.

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In 1970, the family merged New Jersey and Florida. Today, its primary lines of business include multifamily and commercial real estate. since you first started The Kislak Organization? In our.

Estate Planning Attorneys in Buffalo State on YP.com. See reviews, photos, directions, phone numbers and more for the best Estate Planning Attorneys in Buffalo State, Buffalo, NY.

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