New YorkNew York(NY) Leake, Paul D. personal infomation and areas of practice

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New York New York lawyer Leake, Paul D.

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lawyer Leake, Paul D. Reviews

YOU ARE CORRECT...if you were ONLY doing it for tax benefit reasons...you, like most folks...probably shouldn't do it.. . Layman's language WHY a trust can be a good idea.... . *Yes, you maintain your privacy (after the death of BOTH spouses)...your info won't become part to the 'public record' (probate records) that folks who care to find out such things can see/find without too much difficulty.. *Yes, you will save on "probate fees"...many states charge as much as 7% of the 'entire networth of the estate' as the probate fee...regardless of CASH available...that's why some beneficiaries have to sell 'grandma's house' etc...to pay the fees.. *Yes, assets are distributed faster...because you have now 'named beneficiaries' on your assets.. . *ALSO, and in my opinion...most importantly.... . *You also 'typically' get a Medical Power of Attorney/Durable Power of Attorney/Living Will, etc. *You also get 'greater protection' in the case of beneficiaries fighting over assets...as I've been told by various attorneys, a will (especially self-drafted (like Quicken products!) or cookie-cutter type) is easily and regularly contested. If NOT contested...fine...but you'd be surprised how high of a percentage of wills ARE contested!!! (Selfishness and "I always wanted" stuff comes out when it come to money and/or emotionally-connected items!) A will does NOT GUARANTEE your wishes will be followed...it 'only gives direction to the probate courts'...they do NOT necessarily HAVE TO do what your will states (my understanding is the will states your 'preferences' and that probate court members, especially when the will is challenged, can second-guess your wishes and distribute your assets differently...as THEY think it should be or would easier appease the complainers.). . By getting a trust done...and going through the longer, and more expensive, process of sitting down with legal counsel and diligently/thoroughly examining your estate and who should get what under what circumstances...shows a greater amount of forethought and a more thorough understanding of what you wish to do...therefore, much harder for someone to make the case that you didn't 'really' want to leave them out or not give them your cherished "?" thing...etc.. . If there is ANY possibility that after you are gone people may 'dispute/fight' over issues in regards to your estate...do a trust.. If there is ANY benefit to having the medical powers of attorney, etc (in case of accident, who can pay your bills, manage your assets and to what extent, etc)...do a trust.. If there is a 'significant other'...same or different sex (boyfriend/girlfriend, etc)...someone you are NOT married to that you want to have access to you/your well-being, your assets, etc in 'bad times'...do a trust.. . AND "none" of those things are affected by whether people know your business or how much tax savings you might get.... . NOTE: Review any/all possible beneficiaries on ANYTHING...IRA's, 401k (especially older ones), etc...these do NOT fall into the realm of your wills or trusts...they are standalone situations and whomever you have 'last stated' to be your beneficiary will be it. Even if you got divorced 3 years earlier and remarried, if you haven't changed your beneficiary from your previous spouse...she's still your beneficiary on that account!!!

I'm 14 but my parents say you have to be 18 or older to change name... Is that true? I live in Arkansas and I want to know if I can change my name even though I'm 14. Also if I can .. how do I do it? I also do have a good reason for changing it too.. I'm vietnamese so I have a viet name, but I also have an english name though it's not my legal name so I want to change it permanently to my english name. Plus I also want to change my middle name cause that's in vietnamese too. . But if I'm with my parents.. can't I change my name then? I heard I have to get a court order or something...

Learning Journal. Broad term template: . ------------------------------------------------------------------------------------------------------. . Q1. Think of the PD course you undertook this semester. What did you know about PD before you joined this course? How did you feel then? What have you learnt from this module so far? . ( 20 marks ). . A1. Professional development is interesting and enjoyable course, where a lot of useful subjects which give the skills to the learners, such as

Can anyone review or offer improvements to my letter requesting funds for my Eagle Scout Project?

very special.. . James, this is my first letter to you during these three years and you can understand my condition. I am fighting for words. I am not a good writer at all

How do you go through the power of attorney process in North Carolina?

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